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    I came across this video today. Though it isn't related to NXT specifically it gives one of the best insights into the macro-economic conditions we can expect.


    https://www.bloomberg.com/news/videos/2018-12-18/druckenmiller-says-even-at-these-yields-i-like-treasuries-video


    Summary 

    • US and world economy is slowing 
    • Interest rates in the US will come down which is good for capital intensive datacentre providers 
    • Treasuries and Growth stocks are where you want to be - PE's should expand as return on bonds and cash comes down
    • Cloud companies are in early phases of growth with several years to run
    • Mild recession further supports move to cloud as it can help with cost cutting measures 
 
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