AI, deflation, the fed and fusionI am calling this fed hike as the last uptick for quite a while. Deflation has taken ahold of all commodities. Last years fert price is this years food price. Which means this years fert price, down 70 percent will reflect long into 2024. AI is driving down costs everywhere. The upside to this is that as wealth grows and people start to get serious about climate change in a meaningful and effective way the demand to electrify everything to plug into nuclear fusion will grow rapidly.
So there. I called it. The great inflection point. Good times ahead.