Long Term
June 1, 2026 | Daily JAM, DE, Long Term, Stock Alerts, Top 50 Stocks |
Last year, America’s crop farmers lost $34.6 billion, and farm bankruptcies surged to numbers not seen since 2020, according to the American Farm Bureau Federation. This year, 70% of farmers surveyed claim they cannot afford all the fertilizers they need. Fuel costs continue to rise as the Strait of Hormuz remains closed. Prices for some fertilizers are up 47% year over year. Meanwhile, farm exports to China, Canada, and other countries have taken a huge hit from U.S. tariff policy. Ninety-four percent of farmers reported that their financial situation has “worsened or remained the same” since last year. Fifteen thousand farms closed in 2025.
Bankruptcies were up 55% in 2024, 46% in 2025 and 70% for 2026 by May.
May 4, 2026 | B, Daily JAM, GDX, GDXJ, GLD, Jubak Picks, Long Term |
Watch what they do and not what the say is always good advice for investors trying to figure out what’s going on in the financial markets.
Sure, the Federal Reserve has said that it has a target of no more than 2% inflation. And Jerome Powell & Co. has professed their disappointment that inflation remains so stubbornly elevated above that target,
Since the start of the year, the Fed has expanded its balance sheet by $170 billion. That translates to a staggering $510 billion annualized run-rate. The Fed is currently expanding its balance sheet at almost 8% a year during a period when the U.S. economy is supposedly not in a recession.At the same time, U.S. money supply M2 grew by $1.65 trillion in 2025, which is roughly 6.3% over the year.
May 1, 2026 | Daily JAM, Long Term, SCCO, Top 50 Stocks, VALE |
There’s an old business joke–its origin may stretch back to 1833–that has a company claim that it loses money on every sale but makes it up on volume. I swear I remember it as a kid as part of a radio ad campaign for a clothing store in New Jersey. And now, it seems to be literally true for copper miners Southern Copper (SCCO) and Vale (VALE). For these companies surging prices of byproducts of mining copper–like gold and silver–have turned the cost of producing copper negative.
March 8, 2026 | Daily JAM, Long Term, MSFT, NVDA, Top 50 Stocks |
Journey back with me to the heady days of 1999 when another technology boom pushed stocks to record highs on the promise of revolutionizing everything. Why is this exercise important?Because it’s a real life example of the work on the role of monopolies in our economy by economists like Joan Robinson and Paul Sweezy. Their work begins with the extreme excess returns that companies with effective monopoly power generate–and points to the important role that monopolies play in the business cycle of boom and bust. And because monopoly economics are critical to deciding if the current generation of AI stocks are really going to be worth what investors now say they are.
February 25, 2026 | Daily JAM, GOOG, Jubak Picks, Long Term, Top 50 Stocks |
China’s AI disruptor DeepSeek is preparing to introduce a new model. Reuters had initially reported that DeepSeek would launch its next‑generation model “V4,” focused on coding, in mid‑February 2026. Rumors now peg the expected release window as “Q1–Q2 2026.” The mid‑February window has passed but context‑window changes and internal benchmark leaks signal that V4 is close. And it will be a BIG DEAL for AI competitors AND ai chipmakers such as Nvidia (NVDA). A big enough deal that the V4 release will move the entire tech sector and quite probably the stock market as a whole.
January 25, 2026 | AAPL, Daily JAM, GLD, GOOG, Jubak Picks, Long Term, Mid Term, MSFT, NVDA, PAAS, SCCO, Top 50 Stocks, WPM |
A week of Big Tech earnings reports will confirm or reverse what sure looks like a sector rotation away from tech shares and into metal and mining company stocks.
January 22, 2026 | Daily JAM, Long Term |
In my opinion, 2025 WAS the year that nuclear fusion went from “If” to “Is it cost competitive?”
January 20, 2026 | Daily JAM, Jubak Picks, Long Term, Mid Term, Top 50 Stocks, TSM |
Taiwanese semiconductor and tech companies, led by Taiwan Semiconductor Manufacturing (TSM), the chip foundry critical to global AI supply chains, have committed at least $250 billion in investmentS to build and expand chip, energy, and AI production capacity in the U.S.
January 19, 2026 | Daily JAM, Long Term, Morning Briefing |
Sometimes we put economic datapoints into different series. And that makes its hard to create a unified picture of what’s going on in a country’s economy. I’d argue that’s the case with China right now. And the two economic data sets released on today, Monday, January 19. Put the two sets of figures together and China is facing an economic crisis.
January 12, 2026 | Daily JAM, Long Term, Special Reports |
A suggested quantum computing portfolio. If you want a piece of this Next Big Thing, but with less risk and less upside than a pure-play quantum stock, I’d suggest Alphabet/Google (GOOG). Among pure plays I’d include D‑Wave Quantum (QBTS), up about 235% year‑to‑date as of late 2025; Rigetti Computing (RGTI), up34% YTD by late December; and IonQ (IONQ), up around 25% year-to-date by late December.
January 8, 2026 | Daily JAM, Long Term, Morning Briefing, NVDA, Top 50 Stocks |
I’d argue that the bIg news out of the 2026 Consumer Electronics Show in Las Vegas so far isn’t about new chips, or flashy hardware across TVs, PCs, phones, and robots.
It’s all about speed: Nvidia (NVDA) pushed up the launch schedule for its new Vera Rubin AI computing platform by several months from late 2026 to the middle of 2026. Vera Rubin promises about 10x higher throughput and 10x lower token cost than the prior Grace Blackwell platform. The chip now looks be available to customers in the second half of 2026. Cloud partners like AWS, Google Cloud, Microsoft, and CoreWeave planning Rubin-based instances starting in that second half 2026 window.
January 6, 2026 | Daily JAM, Long Term |
New numbers raise more questions about Open AI’s projections for future revenue. Not a tiny question considering the company’s most recently completed round of fundraising valued the private company at $500 billion. A new round, not yet closed, would value the company at $750–830 billion.
