Adam Galas
@adamgalas.bsky.social
Vegan hedge fund manager & philanthropist building a Federation-inspired world of abundance, health, compassion & sustainability. Striving daily to embody and inspire prosperity for all sentient beings.
The bond vigilantes are everywhere! Except in the data! 😂
December 3, 2025 at 6:10 PM
The bond vigilantes are everywhere! Except in the data! 😂
Here's the bond side of things.
December 3, 2025 at 6:10 PM
Here's the bond side of things.
90% of growth spending is from AI companies meaning 79% of EPS growth and 75% of stock returns come from AI companies
Did you know that non-AI companies accounted for 8% of growth spending? And 20% of EPS growth? And 23% of stock returns?
That’s not a conspiracy or a bubble; that’s common sense.
Did you know that non-AI companies accounted for 8% of growth spending? And 20% of EPS growth? And 23% of stock returns?
That’s not a conspiracy or a bubble; that’s common sense.
December 3, 2025 at 3:47 PM
90% of growth spending is from AI companies meaning 79% of EPS growth and 75% of stock returns come from AI companies
Did you know that non-AI companies accounted for 8% of growth spending? And 20% of EPS growth? And 23% of stock returns?
That’s not a conspiracy or a bubble; that’s common sense.
Did you know that non-AI companies accounted for 8% of growth spending? And 20% of EPS growth? And 23% of stock returns?
That’s not a conspiracy or a bubble; that’s common sense.
That acceleration in growth from historical 6% to double-digits, which is due to the anticipation that AI is going to double earnings growth rates through higher margins for non-tech companies.
December 3, 2025 at 3:37 PM
That acceleration in growth from historical 6% to double-digits, which is due to the anticipation that AI is going to double earnings growth rates through higher margins for non-tech companies.
The S&P 493 underperformed by 13% on EPS and just 9% on total returns. It’s not a question of “why are the Mag 7 doing so well, but why aren’t the S&P 493 doing worse?” The answer?
December 3, 2025 at 3:37 PM
The S&P 493 underperformed by 13% on EPS and just 9% on total returns. It’s not a question of “why are the Mag 7 doing so well, but why aren’t the S&P 493 doing worse?” The answer?
There is a democratization of tools and information and intelligence, like how $65 can buy a solar panel in Africa that can run a phone that has an AI doctor on it. The poor African farmer now has a world-class doctor...BUT in the West, we have access to 1,000X more medical tech.
December 3, 2025 at 3:25 PM
There is a democratization of tools and information and intelligence, like how $65 can buy a solar panel in Africa that can run a phone that has an AI doctor on it. The poor African farmer now has a world-class doctor...BUT in the West, we have access to 1,000X more medical tech.
In other words, small businesses like ours will get bigger thanks to AI. BUT giants like FactSet? They'll get even bigger.
December 3, 2025 at 3:21 PM
In other words, small businesses like ours will get bigger thanks to AI. BUT giants like FactSet? They'll get even bigger.