Nobody Special Finance

Fed Restarts Not-QE Already, Market Punishes Oracle Capex


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I don't care what you call it, The Federal Reserve is printing money again. Yesterday chairman Powell announced the central bank would buy up to $40B per month of short term US treasuries in order to maintain ample bank reserves. Plain English: BRRR. Elsewhere something extraordinary just changed with Oracle's earnings. The market is suddenly punishing increases in AI Capex, where previously it was an automatic green candle.

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Nobody Special FinanceBy Nobody Special Finance