Artificial intelligence: signs of acceleration in 2023
"One final investment area that I'll mention, that's core to setting Amazon up to invent in every area of our business for many decades to come, and where we're investing heavily, is Large Language Models ("LLMs") and Generative Al. Machine learning has been a technology with high promise for several decades, but it's only been the last five to ten years that it's started to be used more pervasively by companies. This shift was driven by several factors, including access to higher volumes of compute capacity at lower prices than was ever available. Amazon has been using machine learning extensively for 25 years, employing it in everything from personalised ecommerce recommendations, to fulfillment center pick paths, to drones for Prime Air, to Alexa, to the many machine learning services A
Investors' Holy Grail - The Business/Economic Cycle
The business cycle describes how the economy expands and contracts over time. It is an upward and downward movement of the gross domestic product along with its long-term growth rate. The business cycle consists of 6 phases/ stages: 1. Expansion 2. Peak 3. Recession 4. Depression 5. Trough 6. Recovery 1) Expansion: Sectors Affected: Technology, Consumer discretion Expansion is the first stage of the business cycle. The economy moves slowly upward, and the cycle begins. The government strengthens the economy: • Lowering taxes • Boost in spending. -When the growth slows, the central bank reduces rates to encourage businesses to borrow. - As the economy expands, economic indicators are likely to show positive signals, such as employment, income, wages, profits, demand, and supply. - A rise in
SPY Trading at the "Make or Break" zone into CPI, FOMC, & OPEX
It is always amazing to see how the market ends up being at extremely important technical levels into big weeks like the week coming up. SPY is trading at the previous support zone from before the bear market started which ended up being a reversal zone in August and price is now here again. With CPI data, the FOMC decision, and OPEX into the end of the week, this is a very important technical level to get above which is currently right at $431.75.