Clem Chambers

French President Macron warns Europe risks becoming an AI colony without significant investment, emphasizing AI's strategic importance for national sovereignty. He notes that digital services can be weaponized, citing the US locking down Anthropic's AI as a negative precedent. The core issue is energy: AI development is constrained by software, hardware, and ultimately, power. Europe, with insufficient electricity, struggles to compete, though France shows potential with SoftBank investment. China, however, boasts 2.5 times the US's electricity generation and is rapidly expanding, building nuclear power cheaply, making it a formidable leader. While the US has chip and software advantages, these are eroding, and its internal issues contrast with China's focused approach. The article suggests a massive global energy build-out is imminent, crucial for nations to avoid being left behind in the AI race, where energy is the ultimate determinant of future power.

Advocating for simple technical analysis, the author cautions against over-interpreting complex charts. He highlights the UK stock market's "abject failure" compared to the US, a sobering reality. Despite widespread bearish sentiment and historically low UK morale, a potentially bullish "hockey-stick" pattern is identified for the FTSE. The author points to a simple "box" breakout setup, assigning a 70% probability to an upward move. A break above 11,000 could lead to an "epic" rally, while a fall below 10,000 would be equally "epic" but negative. This contrarian view emphasizes trading what the charts show, not prevailing sentiment.

I’ve been calling bitcoin down for ages. And it’s been falling. I called it up in 2017, 2021, and 2025. I’m a bull on the way up and a bear on the way back down again.

The UK stock market, particularly the FTSE 100, has significantly underperformed since 2000, largely due to detrimental governance, regulations, and taxes, contrasting sharply with booming US and German markets. This has fostered low morale and market ossification. However, the FTSE 100 is now showing signs of life, driven by its extreme undervaluation. This makes UK companies prime targets for takeovers by foreign entities, as seen with easyJet's recent acquisition. The suggested investment strategy involves buying into undervalued UK firms and anticipating such takeovers. While underlying UK dynamics may not change, stronger external markets could still lift the FTSE 100, offering potential returns despite a generally bleak domestic outlook.

They say China is catching up with OpenAI and Anthropic. This must be the end of the AI boom. I’ll keep it simple. No, it is not.

Silver is the fast horse because it is a favorite retail investment asset. But the price on the screen is not the price at the store when you come to sell.

I was calling the SpaceX IPO on YouTube like this: Pop, slump. And here we are. But the Robinhood and Coinbase IPOs give a better guide to the OpenAI and Anthropic IPOs.

Let’s take a look at the U.S.-Iran war and decide how to play it. There is zero we can do about it except place our investments in a way that supports a positive outcome.

The U.S.-Iran war is reshaping risks for investors. Here’s what the conflict could mean for U.S. stocks, oil and markets—and what could come next.

A moat is a deep defensive barrier around a business that keeps competitors from getting into your business, scaling your corporate walls and pillaging your treasury.