NVDA looking for funding now ... & the birth of a new asset class ..!

Last I heard NVDA was throwing money at its customers or anyone engaged in working with its chips .. and now it looks like the company is looking for $0.5T from Wallstreet firms ..!

More in this funding came from the Jensen Huang explaining how compute is fungible like gold (really!) and an asset class which can be bonded (my term, securitized, sold and traded) .. remember sub prime .. like bad mortgages can be bonded so they look pretty and sold by wall street and what happened? 

negative NFP decreases the odds of rate hike in Sep

Lowers the treas. and provides boost to the equities

CJP incident on Jantar Mantar in India ..

As I watched this drama from the beginning to end .. the media is now showing how the CJP leaders, who started this incident with dharna following Gandhi philosophy, and now enjoying their succes with parties , left the students of their own ..

To those who are surprised with this behavior .. I say this is exactly what the original Gandhi did to this country .. now in newer forms as people follow him ..  and I for one is not surprised at all.

fed left the rates unchanged

2 yr rates drop slightly to catch up

further explained by the chief that market has moved ahead raising rates and not waiting for fed action

further the chief added that market shouldn't be looking for what do .. rather feel free to do whatever you like .. fed should only come in play when must ..!

personally I liked him as i noted in previous msg that Fed shouldn't forward guidance..!

Next stop: PCE tomorrow 

AI capex pressure are showing up in GOOG and TSLA earnings...

Although sellers like INTC and DELL become the beneficiary of the AI boom

PPI came -.3p like it's brethren ...

CPI came -0.4p - solid neg