Navigating Uncertainty - Vikram Mansharamani's macro newsletter connecting geopolitics, economics, demographics, and technology from a global investor and Boombustology author. A single-author written publication.
fewer workers may lead to higher wages and a wage-price spiral, but might the dynamic also allow for the rapid introduction of artificial intelligence without social disruption or unrest?
And now the empty chairs have finally reached the college lecture halls as enrollment is falling off a cliff.
let’s not forget the Arctic already produces 40% of the world’s palladium, 20% of its diamonds, and 15% of its platinum.
The Wall Street Journal has estimated another $1 trillion in rare earth minerals, at today’s prices. The Russian Arctic alone holds $1.5 to $2 trillion in mineral wealth.
The Northern Sea Route, running along Russia’s northern coast, shortens the transit time between Asia and Europe by 40% and saves 4,500 nautical miles—all while avoiding the Suez Canal, the Strait of Hormuz, and the Strait of Malacca.
About one in five American adults have used (or are using) Ozempic, Wegovy, or a similar medication. GLP-1 users experience a 25 to 40 percent decrease in caloric intake , which means every bite has to count.
And the fact that everyone, and I mean everyone everywhere, is talking about AI adds a level of caution to anything dependent upon that story continuing.
Today, Hynix and Samsung are about 50% of the index…and their earnings depend on a bet that AI infrastructure keeps booming. KB Securities calls this “a textbook feature of a late-stage bubble”: narrowing leadership, concentration in a few names, retail money piling in behind them.
Every time Iran loses market share, California has tended to gain…at least that’s been the pattern since 1979. Tariffs effectively ended Iranian pistachio imports to America overnight after the Iranian Revolution.
Beijing responded with a shotgun blast, banning Japanese seafood imports, restricting rare earth exports, placing 20 Japanese companies on its entity list, suspending summit meetings, and issuing travel advisories.