Prof G Markets Is Jerome Powell Lucky or Good? — ft. Robert Armstrong
9 snips
Sep 26, 2024 
In this conversation, Robert Armstrong, a US financial commentator for the Financial Times, shares his insights on the Federal Reserve's recent interest rate cut, arguing that it was a logical decision given current economic trends. He discusses the Fed's optimistic stance on inflation and analyzes the implications of market dynamics. Armstrong also explores Intel's decline in the chip market and offers his take on the economic policies of Trump and Harris, providing a fascinating look at the intersection of politics and economics.
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Intel Acquisition
- Consider Qualcomm's potential acquisition of Intel.
- Apollo's $5 billion investment offers Intel a lifeline and potential renaissance.
Neva Investment
- Scott Galloway shares his best venture investment story, Neva, a subscription search company.
- Despite the product's failure, Galloway got his money back through a Snowflake acquisition.
Chip Wars
- The chip wars mirror the streaming wars, with an insurgent (Nvidia) causing industry consolidation.
- Nvidia's 88% market share in GPUs could justify the Qualcomm-Intel deal for competition's sake.