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1. Looking for your next job?

Home health is projected to be the fastest growing job category in the US over the next decade. Software developers and restaurant cooks are also right up there!

Source: Visual Capitalist (November 2024)

2. Capital rising

For the Mag7, AI both a competitive threat and opportunity. Capex budgets for the Mag7 continue grow quickly.

The below chart show how the once capital light businesses are becoming a bit more capital heavy. Game theory suggests it’s going to be hard to pull back given most of the players have had success by being the leader in their field.

For 2025, Mag7 estimates are for 300bn!

Source: S&P Capital IQ (November 2024)

3. US voting was one way traffic

Voting showed that all but two states gravitated towards the Republicans vs the prior election. A resounding victory for Trump.

Source: Financial Times (November 2024)

 

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