Risk Management and Economic Commentary by Edward Dowd
Edward Dowd: Intel falls 19 percent in after-hours trading as AI-driven memory prices hit PC demand
Intel shares declined by 19 percent in after-hours trading, with higher memory prices from AI buildout leading to demand destruction in personal computers. Edward Dowd, who is a founding partner ...
U.S. housing unit completions dropped 31.2% from their August 2024 peak, Edward Dowd notes
Total U.S. housing units completed have declined by 13.3% from June to the end of September, including both single family and multi family units. The total decline from the August 2024 peak to ...
Edward Dowd: Market signaled semiconductor peak in June due to speculative debt-driven demand
Market demand for semiconductors peaked in June as the market identified that further demand was coming primarily from a speculative and unprofitable sector fueled by debt, according to Edward ...
BIS highlights circular financing and concentrated linkages, Bank for International Settlements says
The Bank for International Settlements (BIS) is highlighting issues of circular financing, concentrated upstream linkages, and opacity in private markets. Edward Dowd, Founding Partner at ...
Edward Dowd: U.S. long bond yields peaked on October 7, significant cycle high possible
U.S. long bond yields, specifically the 30-year, peaked on October 7, according to Edward Dowd, founding partner at OceanSquare Asset Mgmt and former BlackRock executive. Dowd stated that while ...
BIS voices agreement with AI sceptics on shared risks, Edward Dowd notes
Edward Dowd, Edward Dowd, stated that the Bank for International Settlements (BIS), as the central bank of central banks, effectively agrees with AI sceptics regarding certain risks. Dowd said ...
Edward Dowd: Nvidia's Jensen Huang statement on CoreWeave cost of capital is misleading
Edward Dowd, founding partner at OceanSquare Asset Mgmt and former BlackRock executive, criticized Nvidia CEO Jensen Huang's statement that CoreWeave's cost of capital is decreasing, describing it ...
AI build out seen as only game in town, Edward Dowd notes
Edward Dowd, Edward Dowd, described the consumer economy as struggling and said the current artificial intelligence build out is the only major area of ...
Edward Dowd: Investment bubbles are part of capitalism and similar cycles now seen in AI data centers
Edward Dowd, identified as a founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, argues that investment bubbles are inherent to capitalism rather than errors within the system. ...
Technology capex cycles often spark economic recovery, Edward Dowd notes
Edward Dowd, founding partner at OceanSquare Asset Mgmt, observes a recurring pattern in technology infrastructure investment cycles. According to Dowd, phases of market mania and overinvestment ...
Edward Dowd: Rebranding often marks shift from growth to maturity phase for companies
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, pointed out that rebranding is usually, though not always, seen when a company transitions from its growth phase ...
Anthropic aims for $2 trillion IPO valuation before road show, Edward Dowd notes
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, highlights that Anthropic is targeting a $2 trillion valuation for its upcoming IPO. He points out that such ...
Edward Dowd: Company faces losses and $500 billion in non-cancellable spending
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, points out that a company is incurring significant losses and reportedly needs to spend over $500 billion in the ...
AI revenue needs to hit 13% of current U.S. GDP in five years, Edward Dowd notes
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, points to a study stating that artificial intelligence revenue will need to represent 13% of current U.S. GDP ...
Edward Dowd: Daily SEC filing updates lack real-time significance
Edward Dowd, founding partner at OceanSquare Asset Mgmt, assesses the value of daily SEC filing updates conducted by automated agents. He argues that without direct access to a company's general ...
Oracle uses force majeure for project delays, Edward Dowd notes
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, discusses the impact of AI financing on credit markets and highlights Oracle's decision to cite force majeure ...
Edward Dowd: Forward buying typical in capex booms, similar to late 1990s telecom buildout
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, discusses the concept of forward buying ahead of utilization as a common occurrence during capital expenditure ...
Fed action during supply shock risks policy error, Edward Dowd argues
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, raises concerns about U.S. Federal Reserve policy. He suggests that the decision to hike rates during an ongoing ...
Edward Dowd: Financing profitless expansion is increasingly costly as bond market slows
Edward Dowd, founding partner at OceanSquare Asset Mgmt, observes that the bond market will slow down companies as financing profitless expansion becomes prohibitively expensive due to widening ...
China cannot export its way out of problems, Edward Dowd notes
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, commented on China's ongoing economic difficulties. He emphasized that the country will not be able to resolve ...
Edward Dowd: Blackstone faces continued 10 percent private credit redemptions capped at 5 percent
Edward Dowd, founding partner at OceanSquare Asset Mgmt and ex-BlackRock executive, highlights ongoing redemption activity in Blackstone's private credit offerings. According to Dowd, Blackstone ...
