Markets, Midterms and Megawatts
Today’s episode is called “Markets, Midterms, and Megawatts” where we’ll look at the stock market’s roughly 12% year-to-date return, what history says about midterm election years and the four-year presidential cycle, and whether investors should be bracing for a tougher stretch ahead. We’ll also discuss Kevin Warsh, the Federal Reserve, and the likelihood of a September rate hike, and we’ll look at the growing backlash against data centers, the strain they’re putting on the electrical grid, and why I believe the long-term answer may be decentralized power generation—including small modular nuclear reactors.






