Mr. Market Climbs The Wall Of Worry To The Hiroshima Process Summit ….
“The risks of doing too much or doing too little are becoming more balanced.”(Jerome Powell)
Summary:
· A skeptical Mr. Market, and the “Kommentariat”, are painfully price-discovering the ascent of “Brimmer’s Law’s” wall of worry.
· The Federal Budget crisis is a Red Herring, that smells like a fight over which Congress Mans’, and Senators, turf the massive “Friend Shoring” economic stimulus will be spent in an election year.
· The good news is that there will be economic growth.
· The bad news is that economic growth will be, structurally, volatile in nature for the current phase of the Polycrisis.
· Mordaunt’s Excalibur is likely the Mort D’Albion’s illegitimate pretender.
· Lucretia Borja’s middle name is Suella.
· Lizzo Borja’s unofficial, oriental, visit underlines that Rishi Borja and his policies are viewed as illegitimate.
· The repentant, yet bitter, Pill advises the Ungovernable Kingdom to embrace AI-driven productivity if it won’t follow his instructions to willingly embrace genteel poverty.
· The envisioned AI-driven productivity panacea implies that Pill and Co are unwilling to enforce genteel poverty with tighter monetary policy.
· Wagner’s Gotterdammerung at Bayreuth resonates with Wagner Group’s “Prigozha and the Wolf” at the Bolshoi.
· Japan’s rearmament commitment, to be the G7 first line of defense, in the Pacific, is sworn in the spiritual home of pacifism.
· At-risk Taiwanese assets will be re-shored to Japan.
· Mr. Market accepts that there is AI in NASDAQ but not in Crypto.
· The nascent G7 “Hiroshima Process” will become a competitive barrier to entry, for Chinese AI, in developed economies, that will command an oligopolistic price premium for the companies which comply.
· AI decouples NASDAQ from Crypto, and from Bricks and Mortar stocks.
(Source: the Author)
