The provided article is a financial news analysis of the September 19-20, 2023, FOMC meeting, confirmed by internal data and factual verification. All key assertions, such as a 5.25%-5.50% target rate, a ~97% pause probability, NFP of +187,000, unemployment at 3.8%, core CPI at 4.3%, and a $95 billion/month QT, are accurate.
The meeting…
Thesis. Not all technological revolutions are equal as investment themes, they are equal as cost curves. Three curves collapse simultaneously in 2026-2030, the cost of AI inference, the cost of physical action (humanoid robotics and logistics), the cost of biological reading/writing (sequencing, synthesis) and their convergence creates the decade's markets: instrumented smart cities, personalized health,…
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