Investment Strategy and Market Research by James E. Thorne
GENIUS Act now law, stablecoin rules move forward, James E. Thorne notes
The GENIUS Act is now law and stablecoin regulations are in the process of being implemented, according to James E. Thorne. While the CLARITY Act has stalled, both the SEC and CFTC continue to ...
James E. Thorne: Wall Street sees hyperscalers turning cash flow positive in late 2027
Wall Street's new narrative is that hyperscalers will be turning cash flow positive in late 2027, according to James E. Thorne. Thorne described this projection as unsurprising to long-term ...
Buy the dip remains the approach, James E. Thorne advises
James E. Thorne expressed continued confidence in the S&P 500, reaffirming a target of 8000 by year end. He advised to buy the dip and to disregard pessimistic views, stating that nothing has ...
James E. Thorne: Macklem and Bay Street criticized for outdated inflation fight as economy stagnates
August GDP was flat, and a preliminary estimate for September points to a 0.1% change. James E. Thorne criticized Tiff Macklem and his Bay Street supporters for focusing on strategies from the ...
Bank of Canada hikes criticized as unjustified by data, James E. Thorne argues
James E. Thorne described the Bank of Canada's decision to raise interest rates during a period of negative growth as misguided. Thorne argued that the central bank is responding to inflation ...
James E. Thorne: SpaceX plans $40 billion GPU-equipment financing as AI funding continues
SpaceX has announced a commitment for approximately $40 billion of GPU-equipment financing, signaling ongoing capital activity in the artificial intelligence sector. James E. Thorne challenged ...
Tech earnings will test impact of AI financing trends, James E. Thorne notes
Upcoming earnings reports from Microsoft, Alphabet, Amazon, Vertiv, GE Vernova, ServiceNow, and Intel will serve as a test of whether concerns over artificial intelligence spending are ...
James E. Thorne: Gulf oil flows surpass prewar levels with tanker rates and geopolitical premium remaining
Gulf oil flows have already rebounded to levels above those seen before the war, according to James E. Thorne. He notes that what is still reflected in prices are tanker rates, which remain ...
Semiconductor index drawdown viewed as a healthy development, James E. Thorne notes
James E. Thorne described the current drawdown in the Semiconductor index as normal, natural, and healthy considering the historic nature of the ongoing AI ...
James E. Thorne: Elon Musk and SpaceX remain strong holdings after a solid quarter
James E. Thorne described Elon Musk and SpaceX as strong core holdings and indicated that a solid quarter was unsurprising. He advised not to overthink a position in ...
Bank of Canada should not hike rates with weak economy, James E. Thorne recommends
Canada's Consumer Price Index (CPI) increased by 0.1% month over month, while the core trimmed CPI declined to 1.8% year over year. James E. Thorne questioned the presence of second- and ...
James E. Thorne: Wall Street projects current turmoil as the future norm
James E. Thorne described how Wall Street's consensus is projecting present market turmoil into the future and treating ongoing chaos as the new normal. Thorne argued that expectations of ...
S&P 500 may reach 10,000 by 2027, James E. Thorne predicts
James E. Thorne predicted that the S&P 500 could reach 10,000 in 2027. He also stated that markets rally into year end and recommended buying the ...
James E. Thorne: Bond Vigilantes react to underlying CPI data
Bond Vigilantes have turned their attention to the underlying Consumer Price Index (CPI) data. James E. Thorne highlighted this shift, describing it as the 'Big ...
Global market faces structural shift reshaping Bitcoin dynamics, James E. Thorne states
James E. Thorne wrote that the Bitcoin halving cycle is no longer a dominant factor influencing the market. He compared the current structural transformation in the global market to the impact ...
James E. Thorne: Hedge funds rising influence challenges old views of bond market intelligence
James E. Thorne argues that the increasing control of hedge funds in the bond market undermines the longstanding belief that credit markets and bond vigilantes represent the smart money. Thorne ...
Targeted yield-curve control urged to rebuild U.S., James E. Thorne argues
James E. Thorne calls for canceling long-end U.S. Treasury auctions and implementing targeted yield-curve control with inflation safeguards to support America’s rebuilding. He argues that ...
James E. Thorne: AI trade dominates as market reacts to tight Fed policy
James E. Thorne raises concerns about the current direction of U.S. Federal Reserve policy, arguing that high interest rates are creating weakness in the most sensitive sectors of the market. ...
Fed views oil-supply shock as demand-driven inflation, James E. Thorne argues
James E. Thorne critiques the Federal Reserve’s response to the recent oil shock, describing a misdiagnosis that could lead to policy errors. According to Thorne, the central bank risks ...
James E. Thorne: Federal Reserve should support growth without fueling inflation
James E. Thorne questions the current approach of the Federal Reserve, pointing to its role in the U.S. fiscal situation. He asserts that the central bank should support economic growth without ...
Auction results confirm robust demand for U.S. Treasuries, James E. Thorne notes
James E. Thorne challenges the view that U.S. government debt faces weak demand and that bond yields must remain high. According to Thorne, recent Treasury auction data points to continued ...
