If you strip the AI rally down to what the money is actually buying, you finally find transformers, high-voltage switchgear, copper, industrial-scale cooling, gas turbines, and data centers whose power draw rivals that of a midsize country — a build-out that Goldman Sachs estimates at roughly $7.6 trillion between 2026
Happy Fourth of July to all our readers! Here’s our patriotic but unsentimental analysis of where we stand midway through 2026, why we think it makes sense to keep betting on America, and how you should be thinking about market risks and dynamics. You can watch the video here and
Next week we’ll give you a video presentation of our first-half 2026 wrap-up and offer some thoughts as we enter the second half of the year. Beyond the MOU signed with Iran — which markets and the G7 have basically treated as a likely success — Washington has spent June
For most of the past decade, “tokenization,” in the minds of most investors, was in the same category as 2017’s meme coins and 2021’s million-dollar cartoon JPEGs of apes — a silly distraction in a then-madly exuberant fringe market, easy to wave away. If that’s still your view, it needs
This Friday, June 12, SpaceX — now enlarged by the recent merger with Elon Musk’s xAI and the X platform — begins trading on the Nasdaq under the ticker SPCX. At the indicated initial pricing of $135 per share, the offering raises roughly $75 billion and implies a market value
There is a particular kind of chart that tends to make us equal parts pleased and uneasy: the parabola. Lines that bend skyward at an accelerating rate are exhilarating to own, painful to watch from the sidelines, and miserable to time, because the same steepness that rewards you on the
We believe great financial advice starts with truly understanding your goals, needs, and circumstances. Schedule a meeting with our Client Relations Director to discover if Guild Investment Management has a solution that will work for you. This week we offer some thoughts inspired by our colleague, the redoubtable Larry Jeddeloh
31225 La Baya Drive, Suite 214
Westlake Village, CA 91362
1 310 826-8600
Mon-Fri 6:30-4:30
