Robert Caporale

Husband, Dad, President, Strategic & Digital Solutions @GenIIFund, Board Member, Advisor. Views r Mine, Phil 4:13

[Cathie Wood @CathieDWood]

The jobs report was a barnburner. Nonfarm payrolls increased by 172,000 versus expectations for 88,000, while prior months were revised higher by 93,000. Wage growth came in at roughly 0.3%.

Yet the market sold off.

In our view, the market is misreading the signal. It is assuming that stronger than expected employment and growth will cause a an acceleration in inflation. History would suggest otherwise. 

Productivity growth is running near 3%, while unit labor costs are hovering around 0.5%. Those are not the hallmarks of an inflationary boom. They are the hallmarks of healthy, productivity-driven growth that will lower inflation.

Meanwhile, the yield curve continues to flatten despite a roughly 55% increase in oil prices year-over-year based on a three month moving average. In past cycles, an energy shock of this magnitude steepened the yield curve when the Federal Reserve was accommodating it. Instead, the bond market appears to be discounting something much more powerful: the deflationary impact of technological innovation, particularly artificial intelligence, which is beginning to increase productivity across broad swaths of the economy.

If tensions with Iran ease and oil prices retreat, we believe inflation could move into negative territory before year-end.

In our view, the Fed made a historic policy error when it raised rates aggressively into what was largely a supply-driven inflation shock in 2022. We do not believe the next generation of monetary policymakers will be eager to repeat that mistake.

Notably, gold peaked on the day Kevin Warsh was appointed. The inflation trade may already be behind us.

If our research is correct, the next phase of this cycle could be characterized by accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar. That combination would create a remarkably supportive backdrop for innovation-led equities and the technologies driving the next productivity boom.

I discuss this framework in greater detail in this month’s episode of In The Know.

[Robert Caporale @realbobcap]

@EA_Rice 🙏🙏

[NBA @NBA]

Create space.
Switch hands.
Dribble closer.
Spin right.
Fake the shot.
Absorb the contact.
Splash.

Jalen Brunson was in his bag tonight 😮‍💨

[Shay Boloor @StockSavvyShay]

$NVDA CEO Jensen Huang saying $MRVL can become “the next trillion-dollar company” doesn’t sound crazy when you realize it sits directly inside one of the biggest bottlenecks of the AI buildout: networking.

Marvell is trying to become the connective tissue of the AI factory with exposure to custom ASICs, optics, switching, photonics and data movement layer every large-scale AI system needs.

[VanquishTrader @VanquishTrader]

TOP 4 SOFTWARE COMPANIES BY EXPECTED 2028 PROFITS

1. $ORCL ~$47B
2. $CRM ~$21B
3. $SAP ~$16B
4. $ADBE ~$14B

[Shay Boloor @StockSavvyShay]

$NVDA says no company has shaped how the world tells stories more than $ADBE.

Now it is teaming up with Adobe to bring Firefly and Omniverse to creators at scale across the AI era.

[Robert Caporale @realbobcap]

Adobe ($ADBE) is under valued and has upside. See Michael Burry’s comments below. Stock in the $240s, JPM target $420. An opportunity to almost double your investment. https://t.co/2KyJCiG9b6

[zerohedge @zerohedge]

*CHEVRON WOULD NOT PAY IRAN TOLL FOR STRAIT OF HORMUZ, CEO SAYS

*CHEVRON HAS SIX SHIPS IN STRAIT OF HORMUZ CURRENTLY, CEO SAYS

*CHEVRON SEES MORE PIPELINES BUILT TO BYPASS STRAIT OF HORMUZ

[Robert Caporale @realbobcap]

@DagsBasketball Keep up the great work Steve!! I sure miss my son playing basketball. Though he now plays in men’s leagues.

[Robert Caporale @realbobcap]

Adobe ($ADBE) is under valued and has upside. See Michael Burry’s comments below. Stock in the $240s, JPM target $420. An opportunity to almost double your investment. https://t.co/2KyJCiG9b6

[The Global Letter @TGLetter]

The fountain sat dry for 19 years. Every administration walked past it.

Then Trump signed one executive order.

🚨 🚨 🚨 TRUMP JUST RESTORED THE COLUMBUS CIRCLE FOUNTAIN IN D.C. — DRY SINCE 2007, FLOWING AGAIN IN 2026 🚨 🚨 🚨

The Christopher Columbus Memorial Fountain outside Union Station. Beaux-Arts. Designed by Lorado Taft. Dedicated 1912. One of the most historic public monuments in the capital. Non-functional since approximately 2007. Nearly two decades of neglect, graffiti, and stagnant water while every administration did nothing.

THE RESTORATION:
→ $11.8 million NPS restoration — Columbus Circle fountain alone
→ Part of a $54.2 million effort covering SEVEN D.C. fountains total
→ Triggered directly by Executive Order 14252 — signed March 27, 2025
→ EO title: "Making the District of Columbia Safe and Beautiful"
→ Ribbon-cutting: May 28, 2026 — Interior Secretary Burgum, Transportation Secretary Duffy, Italian Ambassador Peronaci, Andrew Giuliani reading a message from Trump
→ Timed for America's 250th anniversary preparations
→ Follows Trump's October 2025 Columbus Day proclamation calling Columbus "the original American hero"
→ Follows Trump's 2020 executive order protecting monuments and funding restoration of damaged Columbus statues nationwide

THE RECORD:
→ Fountain built: 1912
→ Went dark: ~2007
→ Years non-functional: 19
→ Administrations that passed it and did nothing: multiple
→ Time from EO signature to ribbon-cutting: 14 months

Read that again.

💀 19 years. Dry. Graffiti. Foreign flags. Neglect on camera.
💀 One executive order changed all of it
💀 The before-and-after photos are already everywhere on X

⚠️ This is part of a broader $54.2 million D.C. restoration effort — not a one-off
⚠️ It connects directly to America 250 preparations — the symbolism is deliberate
⚠️ Every prior administration had the same NPS. The same budget process. The same fountain sitting there broken.

They're showing you a fountain.

They're NOT showing you what it represents — a federal government that spent 19 years walking past a broken national monument and doing nothing, versus an executive order that fixed it in 14 months.

You don't restore a 1912 Beaux-Arts fountain dedicated to Columbus right before America's 250th anniversary by accident. You do it when you want to make a very specific point about what this country is and who it honors.

Process that.

Most people won't see this. RT to change that. 🔥

I'll keep you updated as this unfolds, turn on notifications this is EXTREMELY important.

[The White House @WhiteHouse]

Weekly reminder: Decline is a choice.

[Robert Caporale @realbobcap]

@NKY_Sapper @MattDevittWX Interesting point

[Robert Caporale @realbobcap]

Weak ⬇️

[TV News Now @TVNewsNow]

🚨 THE RATINGS ARE IN:
• Colbert finale: 6.74 million
• Letterman finale: 13.8 million
• Carson’s finale: 55 million

[Hussain Abdul-Hussain @hahussain]

Bingo! The UAE is on its way to export 3.6 million barrels per day without going through Hormuz. (Its OPEC quota was capped at 3.3 million).
I expect the Emiratis to continue expanding their pipeline capacity to Fujeira to reach up to 10 bpd, 5 million of their own, and the rest Kuwaiti and possibly Iraqi oil.
Hormuz will become irrelevant.

[FINTECH.TV @FINTECHTVglobal]

Analyst Calls of the Day with @JD_Durkin:
➡️ Micron $MU: Citi reiterates Buy and raises its price target to $840
➡️ American Tower $AMT: Bernstein upgrades to Outperform
➡️ NVIDIA $NVDA: HSBC reiterates Buy and lifts its price target to $325 ahead of earnings

[Charlie Bilello @charliebilello]

Self-driving taxi company Waymo is now doing over 1.3 million rides per month in California, a 16x increase over the past two years.

[New York Basketball @NBA_NewYork]

When you're Darryl Strawberry at the Subway Series there's only one hat you can wear that will please everyone