HyperNormalTimes & In The Company of Mavericks
Jeremy McKeownInvesting in a changing world requires maverick thinking. When old worlds break, mavericks forge new paths. This Substack chronicles our HyperNormality with posts and podcast interviews with Maverick entrepreneurs, investors and thinkers.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
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jeremymckeown.substack.comLatest Issues
China Will Destroy AI Margins While The UK Holds a Car Boot Sale
The US announced this week that it had defeated inflation. June CPI came in at 3.5%, the first fall since 2020. The market took the cool number and ran with it: implied odds of a July hike collapsed from over 40% to roughly 10%.
But an inf...
It's Down 20% - Now What?
You’ve done the work. You’ve read the reports, built the view, bought the stock. And then it falls 20%.
Now what?
Do you tell yourself it’s now 20% cheaper and buy more? Or do you accept you got it wrong, take the first loss, and move on?...
Xi Claims AI Leadership & The UK Company Car Boot Sale Continues
TSMC reported a fifth straight record quarter, profit up around 59%. Its shares fell. The result cleared the bar, but the market decided it’s not about the bar. The damage spread outward. Japan’s Nikkei fell 5.2%. Nasdaq 100 futures dropped...
The Pound Strengthens But The Hurt Endures
The AI and memory semiconductor trade looked down overnight, and prices fell across Asia. JPMorgan’s Brian Heavey wrote, “I think it just shows how high the bar is for semis earnings.” It has reached the point where no sell catalyst is need...
Let's Look At What You Could Have Won!
US inflation fell for the first time since 2020 just as the US reinstated a naval blockade, pushing Brent crude to $85. In one brief moment, the print showed markets, in the words of Jim Bowen on TV’s Bullseye, Let’s look at what you could...
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Authors
The writers behind this newsletter.
Stock market veteran Jeremy writes HyperNormalTimes from the intersection of geopolitics and markets. Hypernormality requires maverick entrepreneurs, thinkers and investors to find a route out. ITCOM is a podcast that lets you hear from such people.
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