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Vital Knowledge Media

@knowledge_vital

VitalKnowledge.net
Adam Crisafulli
Most comprehensive and insightful market commentary
Podcast link: anchor.fm/adam-crisafulli

ID: 1155846185535643649

linkhttp://www.VitalKnowledge.net calendar_today29-07-2019 14:22:59

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Google is “shifting from being a search engine to an answer engine”, and as a result traffic to news website is collapsing around the internet - WSJ

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The consensus outlook on trade is for ~3.5 more years of “talks are going well” headlines and a perpetual TACO cycle of deferred tariff threats and empty “framework” deals (while the aggregate tariff level doesn’t significantly exceed 10%).

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"People are spending a lot on movies right now, because the movies are good" - Bank America CEO Brian Moynihan (who sounds like he enjoyed the latest Mission Impossible movie)

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"The demand right now seems almost insatiable. I mean, I don't know how to describe it. I've never seen anything remotely like this" - Larry Ellison

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Bloomberg opinion column on the Cruz idea of terminating the Fed's ability to pay interest on reserves - "He and his colleagues are trying to distract us with shiny objects so that we look past their glaring inaction in the face of persistently large budget deficits and the

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"in the next few years, we expect that AI/AI agents will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company" - Amazon CEO Andy Jassy

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"Initially, many in the housing market held on to the hope that higher interest rates were temporary, expecting inflation to subside and rates to drift back to lower levels. However, this expectation has not materialized. Looking ahead, there is little evidence to support

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The CBO just released its "dynamic" score of the House reconciliation bill. Normally, the "dynamic" scoring process is positive, as models assume higher growth in such a way that reduces the bill's overall costs. However, that's not the case this time. Under the "dynamic"

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For the first time over the course of a single month, Americans in May watched more television via streaming services than they did through cable and broadcast networks - NYT

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Big companies are fundamentally rethinking employment as firms focus on cutting headcount despite decent sales/profits amid an aggressive pivot toward efficiency - WSJ