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The John Batchelor Show

##CHICAGO: STAGFLATION: #SCALAReport: Jobs and manufacturing down, food prices up. Chris Riegel, CEO Scala.com #STRATACACHE

The John Batchelor Show

John Batchelor

News, Arts, Books, Society & Culture

4.52.8K Ratings

🗓️ 8 June 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary


##CHICAGO: STAGFLATION: #SCALAReport: Jobs and manufacturing down, food prices up. Chris Riegel, CEO Scala.com #STRATACACHE
https://www.zerohedge.com/economics/chicago-pmi-unexpectedly-craters-depression-levels

1908 Chicago

Transcript

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0:00.0

This is CBS I on the World.

0:05.0

This is CBS I on the World.

0:08.0

Here's John Bachelor.

0:10.0

This is CBS I on the World. I'm John Bachelor. I welcome Chris Regal, the CEO of scholar.com, a

0:17.5

global technology firm transforming the retail space with digital signage. This is the scholar report and we begin in

0:26.0

China because of the CHIPS Wars. You will recall that the U.S. has in some fashion imposed tariffs or in some cases complete

0:36.3

blocking of the access to the highest end chips by the People's Republic of China or its surrogate investment arms.

0:46.3

However, the question remains whether that can work very long because it's an arms raise about chipmaking.

0:54.0

Over these last weeks, for those of you who followed the market,

0:58.0

it will not be a surprise to you to learn that

1:00.0

Envedia, the former gamer, gamer and also you could use their boards

1:09.0

for making cryptocurrency, has turned into a monster on Wall Street going up every day for the week climbing

1:17.6

into the atmosphere because it has said it has no rivals.

1:22.4

Chris has taught me to how to think about

1:24.3

NVIDIA in combination with a firm from Europe called ASML that builds the bus

1:30.4

size machinery called fabs.

1:33.5

Chris, a very good day to you.

1:35.6

I've been watching more and more the market's reactions to not only

1:41.1

NVIDIA, but also ASML, which I believe is now the highest traded stock in Europe,

1:47.0

or near two, these two firms, are they all by themselves in making the highest end chips, the chips

1:56.7

that are necessary for not only artificial intelligence, but this golden ring they're chasing called artificial general intelligence is it

2:05.8

invidia and ASML all by themselves good day to you Chris good day John but

...

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