Yes this is the issue. If the AI buildout and/or the equity market rolls over before there is a broad cyclical upturn, we got a problem. The risk is that it's just not clear where that upturn is going to come from.
Great post. Would the aging population result in a further decline in the cylical components of GDP? It very well explains the less and less frequent recessions...
Didn't expect this take on the numbers, but your breakdown is brilliant. With all the computer equipment investment, are we just building more Skynets? Haha. Really insightful stuf.
Yes this is the issue. If the AI buildout and/or the equity market rolls over before there is a broad cyclical upturn, we got a problem. The risk is that it's just not clear where that upturn is going to come from.
Great work as always.
Great post. Would the aging population result in a further decline in the cylical components of GDP? It very well explains the less and less frequent recessions...
Didn't expect this take on the numbers, but your breakdown is brilliant. With all the computer equipment investment, are we just building more Skynets? Haha. Really insightful stuf.
thanks for the explanations !