On Monday, the 3rd of August, Japan and the US agreed to issue a joint public statement confirming that they coordinated to intervene in the JPY exchange rate. This latest intervention likely cost Japan JPY 8.45 trillion and JPY 5.3 trillion of monetary reserves on Thursday and Friday, respectively, based... The post JAPAN JUST LOST CONTROL OF ITS FOREIGN CURRENCY RESERVES appeared first on…
I lost count of how many articles, posts, and analyses I have written over too many years documenting what was REALLY happening in the AI space, as opposed to what was happening according to the fantasies and stories broadcast non-stop by all actors with various degrees of vested interest in... The post THE AI STOCKS PARTY IS OVER, NOW THE HANGOVER BEGINS appeared first on JustDario .
In the current circumstances, you might expect the worsening crude oil crisis to be at the top of every trader’s mind. However, based on all my conversations so far, confidence is so high in governments’ capabilities to avoid shortages of crude oil and distillates that the risk is, at best,... The post ON WALL STREET, NOBODY CARES ABOUT CRUDE OIL; THEY ALL CARE ABOUT WHEN THE AI BUBBLE IS GOING TO…
Today is July 15, 2026, and as I write this article, we are nearly five months into the conflict between the United States, its allies, and Iran in the Middle East. A conflict that, in the minds of the US military strategic panel, was supposed to last perhaps 48 hours.... The post WHY IRAN MIGHT BE ON THE VERGE OF DELIVERING A SHOCK TO GLOBAL FINANCIAL MARKETS appeared first on JustDario .
Yesterday, when I first read the Bloomberg headline “Meta Is Planning a Cloud Business to Sell AI Computing Power,” the first thing I instinctively thought was, “Selling AI computing power to whom, exactly?” AI labs are currently split into two categories: those who built their own infrastructure and those who... The post META JUST THREW A WRENCH IN THE AI BANDWAGON appeared first on JustDario .
While everyone’s attention is polarized by anything involving the peace negotiations between Iran and the US, negotiations that, to be fair, have been more like a “these are my requests, take it or leave it” from Iran and “Ok ok, we take it” from the US, the JPY has been... The post THE JPY IS ON THE BRINK OF IMPLODING appeared first on JustDario .
This is what I wrote about 3 weeks ago in “NVIDIA IS NOW VERY CLOSE TO HITTING THE CIRCULAR FINANCING BRICK WALL”: “Personally, I would not even be shocked if, in several months, Nvidia surprises the market and tries to raise significant amounts of debt via bond issuances, like other... The post HAS THE NVIDIA CASH COW STOPPED PRODUCING MILK? appeared first on JustDario .
While I was waiting for Oracle numbers, a very interesting headline came out: “China plans $295bn state-directed AI buildout as Beijing moves to lock out Nvidia and AMD”. This is what I wrote about 8 months ago in “THE DATA CENTERS FRENZY WILL BE REMEMBERED AS THE LARGEST WASTE OF... The post THE UNHAPPY ENDING OF THE WHOLE AI DREAM appeared first on JustDario .
On Monday, after US markets closed, Alphabet (the parent company of Google) issued a press release that took investors by surprise (to say the least): “Alphabet Announces Proposed $80 Billion Equity Capital Raise to Expand AI Infrastructure and Compute.” On the surface, Alphabet claims that, despite sitting on almost $127... The post ALPHABET EQUITY RAISE: A BOLD MOVE OR A GIANT MISTAKE? appeared…
Two years ago, I wrote the article “NO, NVIDIA IS ONLY ONE PIECE OF A BIGGER (FRAUDULENT) PUZZLE”, trying to shine a light on what, two years later, became the biggest circular financing scheme in the history of financial markets. Since what I was describing at the time was hard... The post NVIDIA IS NOW VERY CLOSE TO HITTING THE CIRCULAR FINANCING BRICK WALL appeared first on JustDario .