?

1. International Stock Breakout?

?

2. US M2 Money Supply No Slowdown in Growth

Zach Goldberg Jefferies …. The US M2 money supply surged +4.8% YoY in July, to a record $22.12 trillion. This also marks the 21^st consecutive monthly increase.

…

3. Micro-Cap Stocks Approaching All-Time Highs

…

4. U.S. Dollar Chart of Year 2025---Hits Support Going Back to Early 2024

…

5. Stock Buybacks Pass $1 Trillion in 2025

…

6. NATO Doubles Defense Spend

…

7. Average American Family Health Insurance Premiums

?

8. AI Data Center CO2 Emissions More Than Aviation Industry-Prof G

?

9. Revenue of Internet vs. Revenue of AI

In 2000, at the height of the dot-com bubble, revenue from internet subscriptions, e-commerce and PCs (which many bought to access the internet) was about $1.5 trillion (in 2024 dollars), which is orders of magnitude larger than the $20 to $30 billion in revenue likely to be generated this year for AI software. It is hard to imagine AI users paying more for services that can’t be used, in situations where the costs of mistakes are substantial.

Jeffrey Funk is a retired professor, tech consultant and the author of “Unicorns, Hype and Bubbles: A guide to spotting, avoiding, and exploiting investment bubbles in tech.”

Gary Smith is the author of more than 100 academic papers and 20 books, including “Standard Deviations: The truth about flawed statistics, AI and big data” (Duckworth, 2024) and (co-authored with Margaret Smith): “The Power of Modern Value Investing: Beyond Indexing, Algos and Alpha” (PalgraveMacmillan, 2024).

https://ww.marketwatch.com/story/ai-stocks-are-in-a-bubble-why-are-so-many-investors-refusing-to-believe-it-cf6e1624?mod=home_lead

?

10. Real Influence

Andy Lopata-Psychology Today

…

Did someone forward this email to you? Get your own:

Disclosure

Indices that may be included herein are unmanaged indices and one cannot directly invest in an index. Index returns do not reflect the impact of any management fees, transaction costs or expenses. The index information included herein is for illustrative purposes only.

Material for market review represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results.
Material compiled by Lansing Street Advisors is based on publicly available data at the time of compilation. Lansing Street Advisors makes no warranties or representation of any kind relating to the accuracy, completeness or timeliness of the data and shall not have liability for any damages of any kind relating to the use such data.

To the extent that content includes references to securities, those references do not constitute an offer or solicitation to buy, sell or hold such security as information is provided for educational purposes only. Articles should not be considered investment advice and the information contain within should not be relied upon in assessing whether or not to invest in any securities or asset classes mentioned. Articles have been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Securities discussed may not be suitable for all investors. Please keep in mind that a company’s past financial performance, including the performance of its share price, does not guarantee future results.

Lansing Street Advisors is a registered investment adviser with the State of Pennsylvania.