Will the metaverse be worth $427B in five years? On Monday, Markets and Markets Research released a report saying that it expects the metaverse market to achieve a compound annual growth rate of 47% for the next five years, taking its market size from $62B now to $427B in 2027. That’s on a par with […]
Author Archives: Jason Kelly
Is Big Tech Finished?
The Economist thinks big tech is finished. Are they right? At the end of last month, The Economist reported that America’s tech oligopoly is in trouble. Defined as MAAMA, the oligopoly in question includes Meta, Alphabet, Amazon, Microsoft, and Apple. Their problems include lower stock prices, slower revenue growth, needing to contend with old-economy problems […]
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The Inflation Reduction Act Means Nothing to Inflation
The Inflation Reduction Act means nothing to inflation or stocks, focused as it is on climate change mitigation and healthcare reform. ——— Links to Resources Mentioned “Information About H.R. 5376, the Inflation Reduction Act of 2022,” by the Congressional Budget Office, August 6, 2022 “Bill Gates: We’re on the Verge of a Remarkable Moment for […]
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China’s Threats Will Not Harm Stocks
Nancy Pelosi lands in Taiwan, China goes ballistic, but none of this means anything to stock-market investors. ——— Nancy Pelosi Lands in Taiwan On Tuesday night, US House Speaker Nancy Pelosi arrived in Taiwan, defying warnings from China to stay away. It was the highest-level visit by a US official in 25 years. Pelosi is […]
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Jeff Sommer Faces the Fog of Stock Market Uncertainty
Jeff Sommer at The New York Times faced the fog of stock-market uncertainty, and readers attacked him for it. But he wasn’t wrong. The stock market is uncertain, which is why you need a system. ——— Jeff Sommer Faces the Fog In his July 14 installment, “How to Invest When Inflation Is Bad and a […]
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