Keep pulling the thread on Jamieson Greer.
The current AI capital expenditure boom is a bubble that is still in its inflation stage, with at least another quarter of significant investment expected.
Mark Cudmore predicts the AI investment bubble will eventually collapse "horrendously" because the earnings projections for AI infrastructure companies are not sustainable relative to the earnings of the companies they supply.
Mark Cudmore predicts that both US and global bond yields will go "a lot higher" due to persistent supply chain disruptions and inflationary pressures beyond just energy prices.
Mark Cudmore predicts the US dollar will strengthen as markets realize there is no chance of a Federal Reserve interest rate cut in the near term.
The U.S. trade deficit with China fell by 33%, or $130 billion, in the last year.
China is expected to purchase "hundreds" of Boeing aircraft as part of recent trade discussions.
The U.S. expects to secure an agreement for China to purchase "double-digit billion" dollars worth of additional agricultural products annually for the next three years.
In January, the United States approved the sale of NVIDIA's H200 chips to Chinese firms.
China recently implemented new supply chain rules that could be used to punish companies that attempt to move their supply chains closer to the United States.
The U.S. government is confident that China will limit its material support for Iran, as it is in China's interest to keep the Strait of Hormuz open for trade.
According to research from Goldman Sachs, retail trading stock volumes have increased by 28% since mid-April.
Mark Cudmore believes that Asian technology companies represent a more sustainable investment story compared to their US counterparts and will be the "bigger winners" in the long term.