For readers of this website, the YouTube channel is now underway.  Remember that at first, YouTube is about churning out videos with an emphasis on quantity rather than quality, as is the advice of almost every high-traffic YouTube channel, even for business-related topics.  Hence, the initial quality is not going to be that high.  Over time, the quality will rise as traffic begins to emerge.  But I would like all long-term readers here to subscribe to the channel, view the videos, and comment.  If you want to unsubscribe later after there are more new subscribers, no ..read more

Today is exactly 15 years after the start of this website.  Among the many technological changes since then, that was an era of 4:3 screens instead of 16:9, and of blogging rather than social media (let alone video-based social media).  Even converting this website to 16:9 messed up the old articles, and when faced with a choice of reformatting all of them manually, or leaving them as is as a relic of their time, I chose the latter.  Note that the more recent ATOM publication is 16:9.   Since that time, just about every blog that was active then, has been discontinued ..read more

It is time for another ATOM AotM.  This one, in particular, goes retro and ties into concepts from the early days of The Futurist, back in 2006.  This award also dispels the misinformed myth that 'we can no longer send a man to the Moon like we did in 1969-73' or, even worse, that 'human progress peaked in 1969'.  If anything, progress in space-related advancement has been steadily on an exponential trendline.   The first man-made object to be placed into orbit and send back information from orbit, was Sputnik in 1957.  Since that time, satellites have risen in nu ..read more

2020 was an unusual year by any standard.  But it was the year when many principles examined here, and in the ATOM publication, came to fruition.  $8 Trillion of new monetary creation has not only not caused inflation, but the migration into disruptive technology companies.  This is a tremendous confirmation of ATOM principles.  More and more people are migrating towards recognition of these realities, but I remain the first, given the publication date of the ATOM in early 2016.   Blogs are a dying medium, at least to the extent that almost no blogs that were arou ..read more

As the lockdown has lasted longer than anyone thought, the third of the three coronavirus-related ATOM disruptions has continued to strengthen.  As indicated in the June 2020 ATOM AotM, the pandemic has made workers adapt to remote working, which dramatically reduces demand for office real estate, particularly in premium locations.  This effect comes on top of the already underway glut of retail real estate that is discussed here often.   The market cap of Zoom has risen about 5x to about $150 Billion since May.  This is an indicator of the expected volume of usage (wh ..read more

We are very near to being able to declare absolute victory on the ATOM thesis. Remember that March 15, 2020 really was the 'Netscape Moment' in Economics.  The US Fed Funds rate, which was the only major rate in the world that was foolishly high at that point, went from 1.5% down to 0% (permanently), and trillions in new monetary creation commenced.  As of August, the four major central banks are at +35.3% on a year-over-year basis.  Meanwhile, the US 10-yr Treasury Note languishes at 0.7% yield, the weighted average yield of all high-grade 10-yr Bonds worldwide is at approxima ..read more

For this month's award, we will delve into a disruption that took place a few years ago, and how that disruption is about to have a second act, accelerated by coronavirus.  Hence, it is related to the June 2020 ATOM AotM.   Streaming video has already disrupted the film and television industries completely.  Due to recent events, it is now on the brink of its second act.  First, a recap of the first act.  Netflix was the first and most well-known among existing streaming services, of which there are now over a dozen.  The disruptions inherent to this were imm ..read more

The pandemic has ratified and accelerated a whole host of ATOM principles, so I have to update parts of the entire publication.  Suffice it to say, a number of pent-up ATOM predictions just got fast forwarded, with a seminal day in the history of economics having been forced into manifestation.  We can divide the events into two parts : technological and monetary.   Among technological disruptions, there are three that qualify as having been overdue for a long time, that got tipped over by this catalyst : 1) Video Conferencing :This was something that Cisco expected to take ..read more

The current pandemic obviously has huge implications for ATOM principles, particularly since the Federal Reserve was forced to do what they should have been doing all along, which is a much greater level of QE and lowering the FF rate to 0% permanently.  See the Federal Reserve balance sheet for a dramatic visualization. I am doing a webcast about all of this on April 24, with some materials also taught in my classes at Stanford.  See here for details, and register if you would like to attend.        ..read more

The time has arrived.  The second version of the ATOM Publicationis now out.  This includes about 10% more text, updated data, charts, and incorporation of the Sovereign Venture Fund idea. The first version got about 400,000 visits, and was featured in a Google Talk and a variety of other television programs.  Long-timers who haven't read it in years should give it another examination, while newcomers should dive in deep.  We are going to hit a higher level of outreach and PR in the near future, and I may need some volunteers.       ..read more