Latest news with #JohnAuthers
Bloomberg
3 days ago
- Business
- Bloomberg
How Long Can Nvidia Keep Growing? Markets Don't Care
All that seems to matter is that the AI chipmaker can keep increasing profits even when its own government gets in the way. Save To get John Authers' newsletter delivered directly to your inbox, sign up here. Nvidia Corp.'s results matter, and they were fine. In fact, they were extraordinary, just as they have been throughout the 30 months since the launch of ChatGPT alerted the world to the potential of artificial intelligence running on the company's chips. This is what has happened to the company's sales over the last 25 years:
Bloomberg
4 days ago
- Business
- Bloomberg
The Fallacy of Market Narratives
To get John Authers' newsletter delivered directly to your inbox, sign up here. Humans think in terms of narratives. We're hot-wired to do so; condense something complicated into a story, and we understand it more easily. That raises the risk of over-simplification and narrative fallacy — a notion from Nassim Taleb — in which we grab hold of a version of events and allow it to color incoming data.
Bloomberg
5 days ago
- Science
- Bloomberg
The Hitchhiker's Guide to US Trade
Save To get John Authers' newsletter delivered directly to your inbox, sign up here. A key moment in The Hitchhiker's Guide to the Galaxy comes when the ultimate improbability drive suddenly calls into existence a sperm whale and a bowl of petunias, high in the stratosphere above a lonely planet. As they whiz downward toward the end of their brief and improbable existence, the whale excitedly comes up with words for things like 'air' and 'tail' and 'wind' and, lastly, 'ground.' Meanwhile, according to the guide:
Bloomberg
22-05-2025
- Business
- Bloomberg
The Bond Vigilantes May Need a Lot of Rope
Save To get John Authers' newsletter delivered directly to your inbox, sign up here. The infamous bond vigilantes are starting to inflict some real pain, and they're not coming for just the US. The suffering for holders of the longest-dated bonds is global, and the market's informal enforcers have brought enough rope to ensnare them all. It's tempting to pile the sharp rise in 30-year yields uniquely on the US and its squabbling politicians, but other markets are seeing selloffs just as dramatic, often thanks to their own local factors.
Bloomberg
21-05-2025
- Business
- Bloomberg
Macho Pessimists Say Inflation'll Be Back
To get John Authers' newsletter delivered directly to your inbox, sign up here. Where is the tariff inflation? A growing number of macho-pessimists are convinced, much like Arnold Schwarzenegger's 'Terminator,' that rising prices will soon be back. The US has been slapping tariffs on a range of imports for a few months, and that's already shown up in a sharp increase in the money being paid in import duty:
