The Washington Post uh published a profile on 1789 capital co-founders Chris Buzzkerk titled the select the secretive uh donor circle that lifted JD Vance is now rewriting MAGA's future. The piece highlights him as a key figure behind the scenes in the MAGA movement dealing detailing how his organization the Rockbridge Network helped propel Vance into the vice presidency and continues to shape Republican strategy and policy. Joining us now on this and more is 1789 Capital Rockbridge Network co-founder Chris ...

Core Viewpoint - Major US investors are currently overweight in US equities, with a recommendation to maintain this position for the next 18 months, supported by favorable demographics and an innovation-driven economy [1][2]. Valuation and Earnings - While the US market shows strong potential for earnings growth, valuations are considered somewhat high, suggesting caution in being overly invested [3]. - The earnings growth for the "MAG 7" companies was approximately 27-30% in Q1 and Q2, with a lower estimate of 15% for the current quarter, indicating a potentially low bar for performance [4][5]. - Analysts believe that earnings may exceed the lowered expectations due to a more favorable environment than initially anticipated, particularly in the tech sector [6]. Sector Focus - The current investment strategy emphasizes technology and innovation, with a shift towards sectors that utilize these advancements, particularly in consumer and healthcare [8]. - There is skepticism regarding a significant cyclical economic uplift, with expectations leaning towards steady growth rather than a robust recovery [9]. Trade and Tariffs - Tariffs are perceived as a diminishing concern, with the peak uncertainty having occurred in April, and the economic impact being less severe than previously expected [10][11][12]. - Companies have demonstrated resilience in navigating tariff challenges, contributing to strong earnings despite the backdrop of trade uncertainty [13][14].

Westin: This is a story about trees not growing to the sky, even if those trees are holding up an important part of the U.S. economy. President Trump has made no secret of his quest to cut funding to some of the nation's most prestigious universities. - We want money to go to all universities, not Harvard.There have $52 billion. - Harvard's voice is loud and clear. Westin: To date, much of the discussion has centered on the politics of it all, whether higher education has gotten too "woke" and whether it's ...

Research & Funding Concerns - Scientific research funding cuts are detrimental to the future, potentially halting crucial research [1] - Paused research leads to laboratory closures, loss of experienced personnel, and a decline in expertise [2] - Federal funding is a critical component of the research dimension within the innovation economy [4] Startup Ecosystem & Market Conditions - Despite challenges, the Boston startup ecosystem showed strength in the first half of 2025 [2] - Healthcare and biotech research has been particularly affected by pauses and job cuts, creating volatility [3] - Deal flow has remained consistent, with exceptional teams and technological advancements still emerging [3][4]

Core Insights - The performance of companies listed on the ChiNext and STAR Market is under close scrutiny as they report their 2025 mid-year results, with over 100 companies already disclosing their earnings, showing a positive trend in revenue and net profit growth [1][3][4] Group 1: Overall Performance - More than 70 companies in the "Double Innovation" sector reported revenue growth, and over 70 companies also saw an increase in net profit [3] - Four companies achieved revenue growth exceeding 100%, while four others reported net profit growth rates over 1000% [1][5] Group 2: Notable Company Performances - Companies like Xiechuang Data reported a revenue of 4.944 billion yuan, a 38.18% increase year-on-year, and a net profit of 457 million yuan, up 27.68% [2] - BeiGene reported a revenue of 17.518 billion yuan, a 46% increase, and turned a profit of 450 million yuan, compared to a loss in the previous year [2] Group 3: High Growth Companies - In the "Double Innovation" sector, 38 companies had revenue growth rates exceeding 20%, and 14 companies exceeded 50% [4] - Four companies with significant revenue growth include: - Nanji Guang: Revenue of 398 million yuan, up 244.67% - Shijia Photon: Revenue of 993 million yuan, up 121.12% - New Qianglian: Revenue of 2.21 billion yuan, up 108.98% - Aobi Zhongguang: Revenue of 435 million yuan, up 104.14% [4] Group 4: Profitability Highlights - 34 companies in the "Double Innovation" sector reported net profit growth rates over 50%, with 21 companies exceeding 100% [5] - Companies with net profit growth rates over 1000% include: - Zhimingda: Net profit of 38 million yuan, up 2147.93% - Rongzhi Rixin: Net profit of 14 million yuan, up 2063.42% - Shijia Photon: Net profit of 217 million yuan, up 1712% - Zhenlei Technology: Net profit of 62 million yuan, up 1006.99% [6] Group 5: Stock Performance Correlation - The positive correlation between stock prices and earnings is evident, with companies like Shijia Photon seeing a stock price increase of over 260% year-to-date [7] - Other companies such as Guomai Culture and Meili Technology also exhibited strong stock performance in line with their earnings growth [7][8]

Policy Impact - The GOP budget bill's impact will be felt across the innovation economy [1] - Startups will be affected by the GOP budget bill [1] - Scientists will be affected by the GOP budget bill [1] - Clean energy sector will be affected by the GOP budget bill [1]