Today, markets are looking pivotal across the board ahead of the single biggest earnings report of the quarter as Nvidia reports after the market close today. Is the AI chip focus shifting a bit more toward inference and away from GPU's? Meanwhile, in the background, US and global yields have pressurized focus on broader equity market valuations and even FX is trying to come a bit more alive here on the rates focus. And that's all without considering the ongoing headline risk from the Hormuz Strait and Iran war. This and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Links

A radically new commercial and military airplane concept, the JetZero Z4 is getting serious funding for actual production and is set to break ground on a production facility next month.
AI radio stations, DJ and all - listen at your own risk, listeners, or rather, biological processors. A very funny and fascinating experiment pitting four of the top LLM's against one another.
WSJ covers the declining popularity of AI in the US- a slight clash with the scale of growth currently priced, no?
WSJ with another piece, this once on US juries and rising lack of trust in the US justice system as well as the points of view of others on the jury. The implications of the "post-truth" society we live in - how can institutions every find renewed trust?
Molten lead nuclear reactors coming to Sweden? It's not as crazy as it sounds. There is even an Oklo angle with this Swedish company Blykalla.

About twice per week, you will find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack.

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