美国凭借页岩革命，从严重依赖欧佩克的能源进口国转变为全球最大天然气出口国。伯克利学者Lucas W. Davis在NBER新论文中估算，2007至2025年间页岩革命为美国节省了约3.1万亿至4.3万亿美元（人均每年500至700美元），且使美国价格与欧、日大幅脱钩，更不易受冲击。这一成就主要归功于水力压裂和水平钻井技术，这些技术目前贡献了美国总产量的36%。
The rapid expansion of AI data centers is straining power grids, causing delays and rising costs that are becoming a contentious issue in the midterm elections. Utilities struggle to keep up with surging electricity demand from AI operations, raising questions about grid reliability and who should pay for the necessary infrastructure upgrades.
Anthony Pompliano interviewed Jan van Eck, CEO of VanEck, who manages $200 billion in assets. They discussed opportunities in private credit, gold, Bitcoin, India, and ETFs, covering topics such as AI adoption, U.S. government debt, and the comparison between Bitcoin and gold as investment assets.
The S&P 500 has risen over 17% in eight weeks, a feat achieved only 10 times since 1990. Historically, stocks were positive 12 months later in eight of those nine prior instances, with the sole exception occurring during the dot-com bubble crash.
A new NBER working paper proposes that interest rates may explain the apparent disconnect between consumer sentiment and traditional economic indicators, suggesting that rising borrowing costs have weighed on consumer confidence despite a strong labor market and GDP growth.
Customers are recognizing that tokens from three major IPOs are being burned for millions of dollars with little tangible return on investment.