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Paul Kedrosky

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Posts

Four Ideas (Macro edition): Interest Rate Moves and Structural Economic Changes

Four Ideas, Sunday Edition: AI Transformation in Healthcare and Industry Shifts

Oct 24, 2025 Update: Nvidia as Pop Mart, Power, Policy, etc.

Four Ideas (Commodities edition): Commodity Trends and Geopolitical Dynamics

Four Ideas (Life sciences edition): Healthcare AI, Health Tech Investments, AI in Healthcare, FDA Breakthrough Devices

Four Ideas (Macro edition): Emerging Macro Trends Impact on Non-Obvious Sectors

Four Ideas, Sunday Edition:

Quick Hits: AI Capex and Consumer Spending

Minsky Moments and AI CapEx

Four Ideas (Energy edition): Renewable Energy Grid Innovations and EV Shifts

Four Ideas (Commodities edition): Global Commodity Trends and Implications

Rougher Notes, Oct 15, 2025: Blackouts, TeraWulf, Debt, etc.

Four Ideas (Life sciences edition): Healthcare AI Innovation and Market Dynamics

Quick Hits: AI Capex is Eating ... San Francisco

Four Ideas (AI edition): AI Impact on Utilities and Travel

Quick Hits: An India of Incremental Power Ahead

Quick Hits: The Data Center Growth Slowdown

Four Ideas (Macro edition): Global Fragmentation, Reserve Diversification, Geoeconomics Impact, Industrial Growth

Four Ideas, Sunday Edition:

Quick Hits: Roger Rabbit's Data Center, Colo Spin, etc.

Why AI Capex isn't a Bubble: A Perez-ian Perspective

Four Ideas (Life sciences edition): Healthcare AI and MedTech Innovations

The Godfather and Oracle's Crap GPU Rental Returns

Four Ideas (AI edition): Unexpected Impacts of AI Advancements

Quick Hits: OpenAI's Mammoth AMD Deal

Four Ideas (Macro edition): Interest Rate Shifts, Geoeconomics, AI Adoption, Travel Experiences

Four Ideas, Sunday Edition:

LLMs, Shifting Baselines, and .400 Hitters

Quick Hits: 85% Margins for Data Centers? Yes, Please

Four Ideas (Commodities edition): Geoeconomic Shifts, Cocoa Rally, Commodity Traders, Gold Outlook

Quick Hit: Blackstone on Data Center Bubbles

Four Ideas (Life sciences edition): FDA, AI, Drone Delivery, Health Systems

Rougher Notes, Sep 30, 2025

Four Ideas (AI edition): AI-Driven Investment Shifts

Data Centers: More Money, Fewer Buyers

Four Ideas (Macro edition): Geoeconomic Strategies and Industrial Policy Shifts

Four Ideas, Sunday Edition:

Quick Update: Appearances, Financial Flywheels, etc.

Four Ideas (AI edition): AI-Driven Market and Policy Shifts

Four Ideas (Macro edition): Interest Rate Divergence, EM Currencies, EU Productivity, Real Estate Dynamics

Four Ideas, Sunday Edition:

Four Ideas (Energy edition): Solar Engineers, EV Battery Sustainability, Grid Innovation, Emerging Markets