Daily Alpha · Substack
· Midday Alpha · by Buzzberg Research
QTR's Fringe Finance argued the Nvidia story may not end with the affair and warned against reading the bounce as a bottom, while Nonconsensus tracked Asian exporters tied to US AI spending.
QTR argues Nvidia's troubles may not end with Huang's affair
The author says investors should prepare for more bad news across the AI trade, arguably more so now than a few days ago.
The bearish view extends beyond Nvidia to the broader AI trade.
Source →QTR warns that violent relief rallies can fool investors
After the Nasdaq rose about 3.7% in one session, the author argues such next-day bounces can make investors believe the worst is over even when the math says otherwise.
The author keeps a bearish outlook despite the rebound.
Source →Asian exporters tied to US AI spending show no signs of slowing
Timely export data from Asian exporters benefiting from the US AI boom shows no signs of slowing, and the author argues the biggest economic beneficiaries are in Asia.
The integration shows how swiftly any hiccup could drag down the global economy.
Source →