Recursive self-improvement in AI is anticipated within 12 months. This aligns with comments from xAI co-founder Jimmy and technical documents from OpenAI’s GPT-5.3 Codex release on February 5. 1
ARM-based CPUs show weak momentum in AI servers due to lower GPU scheduling efficiency versus x86. Expect NVIDIA and others to develop x86 CPU solutions to address this bottleneck. 7
Hard to reconcile the weak ARM momentum claim for AI servers, given Google’s massive production ramp for next-gen ARM CPUs. 8
The AI narrative has pivoted sharply from transformative and beneficial to a focus on job destruction and societal disruption. 13
US exceptionalism is giving way to global rebalancing. International developed markets (Europe, Japan) have attracted $104 billion in stock funds this year, vastly outperforming the $25 billion flow into US funds. 2
January CPI inflation dropped to 2.4% (below 2.5% expectations), and Core CPI fell to 2.5% (in-line). This marks the lowest Core CPI since March 2021, boosting the likelihood of further interest rate cuts. 14
January US CPI (YoY & MoM) came in below expectations, while Core CPI (YoY & MoM) met them. Three out of four key metrics were lower than prior readings. This, combined with December’s inflation data, suggests the inflation rebound from H2 last year has peaked. 16
$NVDA has traded sideways since July 2025, delivering near 0% return for holders. This compression is notable given the prolonged period. 3
$U plummeted 64% in 2 months, retesting April 2025 tariff crash lows. What’s driving this capitulation? Could it be related to Google actions? 4
Market breadth is expanding, but into defensive sectors. 19% of Consumer Staples ($XLP) are hitting new highs, while 18% of Technology ($XLK) stocks are at new lows. This dynamic last occurred on November 30, 2000, signaling a potential red flag for $SPX. 6
After the recent sell-off, many previously expensive, high-quality stocks are now in attractive valuation ranges. Forward P/E ratios include $AMZN 28, $MSFT 25, $GOOG 29, $META 28, $HOOD 33, $SOFI 34. 9
Diageo ($DEO) shows a failed breakdown, suggesting resilience despite broader market concerns. This highlights the enduring demand for its portfolio of 200+ brands. 11
Surprising to see $HIMS stock is down approximately 30% over the past five years. 12
S&P corrections exceeding 10% typically occur every 1.5 to 2 years. Last April saw a nearly 20% drawdown, making another 10% correction possible, though current information on frequency may be inaccurate. 15
Hertzflow_xyz (YZi Labs incubated) is a promising new DeFi project. It plans to launch a leveraged trading platform and create Jupiter-like liquidity products within the BSC ecosystem, featuring significant innovations worth watching. 5
Dot-com era predictions of industries (newspapers, travel agents, banks, retail) being wiped out by the internet were largely incorrect. These sectors still exist; the internet instead evolved them. 10