2023.25 Oil Surplus, China Geopolitics, and Valuation of Nvidia, ASML, and Taiwan Semiconductor

If you are new, welcome! If you haven’t subscribed, join crew by subscribing here:Description: In this episode of the Telltales podcast, the hosts dive into the world of economics, geopolitics, and technology. They discuss the current state of oil supply and demand, the impact of China's economy on commodity consumption, and the US government's revenue and expenses. Additionally, the hosts delve into the geopolitics surrounding the US-China relationship, particularly focusing on issues of technology transfer and intellectual property theft. The episode also explores the valuation and future prospects of technology companies like Nvidia, ASML, and Taiwan Semiconductor. Join the conversation as they provide insights and analysis on these topics and their potential implications.Key Topics:Oil Supply and Demand: Surplus capacity, OPEC Plus production cuts, and China's commodity consumption.US Gas Demand and Supply: Fluctuating oil prices and concerns over surplus capacity.US Government Revenue and Expenses: Addressing the need to reduce spending and reverse increasing public debt.Geopolitics: China: Discussion on the US-China relationship, technology transfer, and intellectual property theft.Company Valuation: Evaluation of Nvidia, ASML, and Taiwan Semiconductor, considering increased demand for GPU chips and their roles in the AI industry.Podcast Chapters:[00:00:50] Exhibit C: World Oil Supply / Demand[00:03:03] Exhibit B: US Gas Demand / Supply (and Oil Pricing)[00:03:46] Exibit A: Us Gov't Revenue and Expenses[00:05:52] Geopolitics: China[00:12:42] Page 3: $NVDA $AMD $INTC $ASML $TSM[00:16:31] $NVDA Forward Valuation[00:20:51] In house vs outsourced AI?[00:23:24] Which is a better investment now? $NVDA vs $ASML vs $TSMThis podcast and the information herein are intended for informational purposes only. The views expressed herein are the author’s alone and do not constitute an offer to sell, or a recommendation to purchase, or a solicitation of an offer to buy, any security, nor a recommendation for any investment product or service. While certain information contained herein has been obtained from sources believed to be reliable, neither the author nor any of his employers or their affiliates have independently verified this information, and its accuracy and completeness cannot be guaranteed. Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, timeliness or completeness of this information. The author and all employers and their affiliated persons assume no liability for this information and no obligation to update the information or analysis contained herein in the future. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit telltales.substack.com