Questions whether big tech profits are overstated due to lengthening depreciation schedules
Matt Miller
Jim Caron
Tech companies raising money will spend it on business investment and capex, not just save it
Questions tech refresh cycle timing versus accounting depreciation schedules
Matt Miller
Jim Caron
New innovations constantly emerge and investors bet on companies staying ahead of technology efficiency
Asks about Fed disarray and December rate cut expectations
Matt Miller
Jim Caron
Expects 25 basis point cut in December despite market skepticism
Questions if Fed hawkishness reflects political positioning for 2026 Trump appointments
Dani Burger
Jim Caron
Fed is framework-driven using Phillips curve - rising unemployment and falling wage inflation signal cuts
Notes consumer stress with auto delinquencies and food stamp usage
Matt Miller
Jim Caron
Current market weakness represents a soft patch and buying opportunity
Asks about upcoming data dump and Nvidia earnings impact
Dani Burger
Jim Caron
Expects weak data releases but views this as trough before 2026 recovery