Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Core Insights - AMD's CEO Lisa Su provided significant guidance indicating that the total addressable market for AI data centers could reach $1 trillion over the next five years, with data center revenue expected to increase by 60% in the same timeframe [7][21][12] - The stock market is experiencing upward momentum, with major indices like the NASDAQ, Dow, and S&P 500 showing gains, particularly driven by AMD's strong performance [5][6][10] - The job market in the U.S. is showing signs of weakness, with companies shedding an average of 11,250 jobs per week, raising concerns about economic stability [13][32] Company Insights - AMD's stock opened nearly 7% higher following the positive guidance from Lisa Su, reflecting investor optimism about the company's future in the AI sector [7][10] - Pfizer is facing challenges with its growth pipeline and patent expirations, trading at low multiples despite a strong dividend yield of over 6% [47][48] - The healthcare sector, particularly companies like Pfizer, is under scrutiny as they navigate growth challenges while integrating AI into their operations [52][55] Market Trends - The AI sector is experiencing a mix of optimism and skepticism, with analysts questioning whether the current valuations are sustainable given the high capital expenditures and debt levels associated with AI infrastructure [27][59] - The bond market is signaling potential trouble for AI stocks, as companies like Alphabet and Oracle face challenges in their debt markets [56][57] - There is a growing belief that AI could unlock significant value in the healthcare sector, with companies exploring AI for medical breakthroughs [54][55]

A couple from Ohio, who up until recently was earning around $230,000 in combined salary, plus revenue from a small side business, finds themselves facing a daunting debt scenario: $628,000 in debt on their house plus other debts totaling $500,000 to $600,000. Larissa, the wife, called into The Ramsey Show seeking advice on tackling the debt. Dave Ramsey said the couple’s days of spending like a “drunken congressman” had to end and they needed to get strategic about their finances. Must Read “You’re not ...

Jamie Dimon has had a big week: As JPMorgan released its latest blockbuster earnings, he held forth as a leading (some would say the leading) voice on Wall Street. The investment bank CEO was in Washington, D.C., on Tuesday, appearing at the Fortune Most Powerful Women Summit with editor-in-chief Alyson Shontell, when the subject turned to everyone’s favorite conversation in 2025: the AI bubble, or lack thereof. Dimon said that isn’t quite right in his opinion, but also that he thinks “people should stop s ...

Inflation Expectations - The New York Fed's inflation expectations rose for the one-year term to 3.1% [1] - The five-year inflation expectation, which the Fed is most concerned about, increased by three ticks to 2.9% [2] - Expectations for gas prices, medical care, college, and rent all declined [2] Unemployment Expectations - Unemployment expectations dropped 2.3 percentage points, reaching the lowest reading since January 2025 [2] - There is less concern about job loss, but paradoxically more concern about finding a job [3] Interest Rate Expectations - A rate cut for September is almost fully priced in [3] - October is also priced in, and December has been the swing factor with a 51% probability [3][4] Fed Chair Candidate - Chris Waller is considered a front runner to become Fed chair [4] - Waller has presented the most convincing economic monetary policy argument for a rate cut [5] - Many Fed watchers, investors, and fixed income folks would be happy with Chris Waller [5] - Waller has shown flexibility to disagree with the chair and agree with the president on the issue of rate cuts [6]