7 juli. Det lyser rött i Asien. AI investor fatigue. Birgitta Ed. Climate change. Dollar system. Double bubble. K-shaped U.S. economy.

 



Surt avslut i Stockholm efter ett plötsligt fall under eftermiddagen i samband med den amerikanska börsöppningen – verkstad förlorare
https://www.di.se/live/surt-avslut-i-stockholm-verkstad-forlorare/


Nytt ras i Sydkorea – Kospi handelsstoppas

Det lyser rött i Asien med störst nedgångar i Sydkorea som tyngs av pressade techjättar. Kospi handelsstoppas för sjätte gången i år – efter Samsungs rapportras. 

Europabörserna går mot röd öppning.

DI 7 juli 2026 07.16

https://www.di.se/live/nytt-ras-i-sydkorea-kospi-handelsstoppas/

Asian equities fell as renewed selling in technology stocks deepened concerns that the AI-driven rally may have run ahead of itself.

The MSCI Asia Pacific Index dropped 2%, with the chip sector coming under pressure. Samsung Electronics Co., whose shares have more than doubled this year, slid 10% despite reporting a 19-fold jump in profit. SK Hynix Inc. also fell 10% after kicking off the marketing process for its US listing, pushing Korea’s Kospi Index down 8% and triggering a temporary trading halt.

Bloomberg 7 July 2026

https://www.bloomberg.com/news/articles/2026-07-06/stock-market-today-dow-s-p-live-updates


AI Boom Shows Trouble Brewing

The period of vertical ascent is probably over.

Morgan Stanley’s Michael Wilson argues that chips’ momentum will fade as investors grow increasingly wary of their ballooning valuations, rising competition, and potential overcapacity 

John Authers Bloomberg 7 July 2026

https://www.bloomberg.com/opinion/newsletters/2026-07-07/a-token-grasp-of-the-ai-boom-shows-trouble-brewing


AI investor fatigue

Hyperscalers are doubling their capital expenditure this year to some $800bn with scarcely any revenue to show for it yet.

“At some point you’ve got to make money. And we’ve gotten further away from that over the last couple of years instead of closer to it,”  

Almost all profit so far has been captured by makers of semiconductor chips and graphics processing units (GPUs) – the “picks and shovels” of this gold rush. 

That is an even greater accident waiting to happen than the AI rush itself.

Ambrose Evans-Pritchard Telegraph 3 July

https://englundmacro.blogspot.com/2026/07/6-juli-dollar-dominance-exorbitant.html


Michael Burry Is Right About Memory Chipmakers

https://www.bloomberg.com/opinion/articles/2026-07-05/michael-burry-is-right-about-memory-chipmakers


The stock market’s double bubble. A price bubble on top of an earnings bubble.


https://englundmacro.blogspot.com/2026/07/the-stock-markets-double-bubble-price.html


Shocking climate change
https://englundmacro.blogspot.com/2026/07/shocking-climate-change.html


https://englundmacro.blogspot.com/2026/07/the-us-trade-deficit-in-may.html




The top 10% spend nearly as much, 
excluding essentials,
 as bottom 70% combined. 
Analysis done by Bank of America’s economists.
https://englundmacro.blogspot.com/2026/02/bessent-kill-line-and-k-shaped-economy.html


Birgitta Ed 

I oktober 2023 bestämde församlingen i Strängnäs att de skulle anställa en ny präst. Dagen efter lämnade Birgitta Ed in sin ansökan. Tjänsten annonserades aldrig ut.

Statsministerns fru, som var den enda som sökte, fick jobbet.

Linn Jönsson DN 6 juli 2026 

https://www.dn.se/sverige/birgitta-ed-fick-sitt-prastjobb-utan-oppen-rekrytering/


Göran Thorstenson är en del av statsministerparets innersta krets men föredrar att hålla sig i bakgrunden. Vem är han?

https://omni.se/trivs-bast-i-bakgrunden-det-har-ar-kristerssons-van-som-nu-syns-overallt/a/K8jgEM


Lennart Thorstenson blev överstelöjtnant 1628, överste 1630, general 1632, riksråd och fältmarskalk 1641. Dessutom blev han generalguvernör i Västergötland, Dalsland, Värmland och Halland. Han anses vara en av sin samtids mest framgångsrika fältherrar, samt även en av Sveriges främsta genom tiderna.

1641 blev Lennart Torstenson genom donationsbrev innehavare av hela Norra Ljusterö i Stockholms norra skärgård.

Lennart Torstenson är byggherren av Ulvsunda slott i Bromma.

https://sv.wikipedia.org/wiki/Lennart_Torstenson


Tove Lifvendahl: Ulf Kristersson och Birgitta Ed. Halvarsson & Halvarsson.



What is the dollar system based on and how will it evolve? Adam Tooze

Dagen innan

https://englundmacro.blogspot.com/2026/07/6-juli-dollar-dominance-exorbitant.html


Kommentarer

Skicka en kommentar

Populära inlägg i den här bloggen

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero; Ireland

Trump has already singled out pharma companies and countries like Ireland that reap the benefits of tax-avoidance moves.  Despite its small size, Ireland ran an $87 billion trade surplus with the U.S. last year—larger than any country except China, Mexico and Vietnam. https://www.wsj.com/health/pharma/how-trumps-tariffs-could-upend-pharmas-overseas-tax-strategy-5b8ca758 Is Ireland vulnerable again as the world’s vast shadow banking system starts to crack? Shadow banking is the dog that has not barked during the latest global spasm of financial stress. This is very fortunate, especially for small countries such as Ireland that have bet the farm on this industry. https://englundmacro.blogspot.com/2023/04/is-ireland-vulnerable-again-as-worlds.html Cayman Islands https://en.wikipedia.org/wiki/Cayman_Islands What the heck is happening in the Cayman Islands? A Sunny Place for a Shady Online Business https://englundmacro.blogspot.com/2021/12/a-sunny-place-for-shady-online-business.html Ti...
Läs mer

My blogg short index

Bild
1968 Vojne, vojne, vänsterdårarna kommer AI Artificial intelligence https://englundmacro.blogspot.com/2025/06/ai-artificial-intelligence.html Akvedukten vid Zaghouan, Sven Otto Littorin och Niall Ferguson. Denna vackra betraktelse från 1994 har sedan dess legat i mitt bakhuvud. https://englundmacro.blogspot.com/2024/04/akvedukten-vid-zaghouan-sven-otto.html Alistair Darling, Northern Rock och Royal Bank of Scotland https://englundmacro.blogspot.com/2025/07/alistair-darling.html Bank stress tests https://englundmacro.blogspot.com/2025/06/bank-stress-tests.html Bessent https://englundmacro.blogspot.com/2025/06/bessent.html Gordon Brown https://englundmacro.blogspot.com/2025/07/gordon-brown_5.html Buy the dip https://englundmacro.blogspot.com/2025/07/buy-dip.html Fastighetsbolagen https://englundmacro.blogspot.com/2025/07/fastighetsbolagen.html Tomas Fischer https://englundmacro.blogspot.com/2025/07/tomas-fischer.html James Grant https://englundmacro.blogspot.com/2025/07/james-grant.h...
Läs mer

Cognitive blind spots

Bild
Cognitive blind spots are undermining our ability to see the world as it is, rather than as we would like it to be. At the start of the 21st century, western elites generally assumed that globalisation, democracy and the free market were self-evidently good, and would keep spreading, creating peace. N o longer.  FIS, Swiss Federal Intelligence Service, has published a manual about cognitive blind spots. 18 different cognitive biases that hamper our thinking, such as “group think” (adhering to the cosy assumptions of our tribe), “anchoring” (relying exclusively on whatever information we see first, say on social media),  “confirmation bias” (only seeing data that reinforces pre-existing views),  “mirror imaging” (assuming others think like us),  “absence of evidence” bias (failing to think about the data we lack)  and “survivorship bias” (judging data only with success stories, not failures). Gillian Tett Financial Times 2 January 2026 https://www.ft.com/content/...
Läs mer