There’s clearly no love lost between President Trump and Fed chair Jerome Powell. Trump doesn’t have the authority to fire Powell. So, Mr. Transitory Inflation will still be running the Fed for another 11 months, until his term ends. But Trump announced this week that he had already narrowed down Powell’s replacement to a handful of candidates… and that an announcement might be coming soon. As investors, we need to pay attention.
Jonathan Rose began his career nearly 30 years ago as a floor trader on the Chicago Mercantile Exchange. And he’s my go-to guy for out-of-the-box trade recommendations for subscribers of our Freeport Alpha trading service. Read on to find out what Jonathan is recommending now.
Louis Navellier is now targeting the biggest gains of his career in AI stocks. And not just any AI stocks – breakthrough AI stocks. These are supercharged companies that have stellar fundamentals. As longtime readers will know, we’re hugely bullish on AI and automation at The Freeport Society.
There are many unlikely destinations running more efficient ports than those in the United States. This isn’t because American workers are uniquely slow. The problem is a refusal to automate due to obstinate unions. It’s also a result of shockingly stupid regulation.
Hearing “artificial intelligence” and “nuclear” in the same sentence, my first mental image is the apocalyptic world of the Terminator in which Skynet becomes self-aware and then immediately decides to nuke humanity. The reality isn’t quite so scary.
Chipotle’s new Autocado might look like marketing fluff to make the chain look less like a burrito shop and more like a robotics and artificial intelligence powerhouse. What company isn’t guilty of a little AI-washing these days? But I can assure you that this is not a cheap publicity stunt. Chipotle’s management knows exactly what is coming, and it ties directly into one of The Freeport Society’s core investment themes. It starts with that labor problem the Fed can’t help us with…
Will the Fed cut interest rates? Time will tell, but the bet in the markets is they will. But we’re starting to see early signs of the economy cooling. Are we looking at the possibility of stagflation?
Inflation came in hotter than expected yesterday, effectively killing Wall Street’s expectations of a May 1 interest rate cut. The Fed funds futures market is now pricing in a 94% probability that rates remain unchanged at 5.25% to 5.5%. So now what?
China and South Korea are completely and utterly screwed. As I wrote last month, China’s one-child policy worked. It did exactly what it was designed to do in limiting population growth. The problem is that it worked a little too well.
There’s a great show on Neflix that you should watch. It gives us a glimpse of everything both right and wrong with American capitalism today. The question is, how do we invest in this mess. Let’s find out.
