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Citrini Research
Everything we have picked from this writer, newest first.
ai All Along the AI Watchtower
AI value-chain stocks sold off as crowded, leverage-fueled trades unwound despite rising token spend, creating mispriced opportunities…
Citrini Research
ai Small Themes: June 2026
Small Themes argues crowded AI positioning could rotate capital into senior housing, stadiums, exchange competition, fintech and airlines…
Citrini Research
equities Macro Memo: Spin Cycle
US equities face 10–15% drawdowns over the next three to four months as inflation and rate fears rise, but stable core inflation supports a…
Citrini Research
ai State of the Themes: June 2026
Citrindex’s June 2026 review tracks AI, energy and fiscal-spending themes, warning that rising AI token costs could challenge the…
Citrini Research
ai Semis Memo: Supply Chain Inheritance
AI data-center buildouts are inheriting EV and solar supply chains, lifting demand and pricing for analog and power-semiconductor…
Citrini Research
energy Flash Note: Defense Production Act
The Defense Production Act designates grid equipment as essential to national defense, reinforcing five- to six-year backlogs for Korean…
Citrini Research
commodities Strait of Hormuz: A Citrini Field Trip
The Strait of Hormuz field report details Iran’s evolving rules for tanker passage through the 54-mile Iran–Oman chokepoint during a live…
Citrini Research
ai Agentic Utilities
Agentic AI is driving token consumption and reviving the investment cases for Akamai, Fastly, Circle and Cloudflare as utility-layer…
Citrini Research
ai Let There Be Light
AI hyperscalers’ $650B–$700B 2026 capex is shifting the optics trade toward photonic components, substrates and equipment as co-packaged…
Citrini Research
ai THE 2028 GLOBAL INTELLIGENCE CRISIS
The 2028 Global Intelligence Crisis models AI-driven white-collar layoffs, collapsing consumer demand, mortgage stress and a 38% S&P…
Citrini Research
aerospace & defense Thematic Update: Modern Warfare
Modern warfare investment themes center on directed-energy weapons, subsea drones and Arctic infrastructure as geopolitical tensions lift…
Citrini Research
aerospace & defense Atoms vs Bits
AI disruption fears are compressing software multiples as data-center, defense and aerospace demand tightens materials supply chains.
Citrini Research
ai Semis Memo: Muscle Memory
Semis Memo maps second-order AI infrastructure opportunities in memory, semiconductor equipment subsystems, advanced packaging and silicon…
Citrini Research
ai Macro Memo: Running Hot
U.S. GDP grew 3.8% in Q2 and 4.3% in Q3 as AI-linked productivity gains offset stagnant job creation; Fed liquidity expansion eases funding…
Citrini Research
portfolio management 26 Trades for 2026
26 Trades for 2026 presents a thematic watchlist spanning potential winners, scenario hedges, and ideas to monitor after 2025’s equally…
Citrini Research
ai Carving Up the TPU
Google’s TPUs give it vertically integrated AI training and inference economics as Anthropic and Meta consider adoption, challenging…
Citrini Research
crypto Macro Memo: Mo-vember
Macro Memo expects a deteriorating US job market, December Fed hold and near-term volatility before fiscal-expansion hopes fuel a Santa…
Citrini Research
healthcare I Can See Clearly Now… The Rain Is Gone?
Healthcare small caps have rebounded as policy fears recede, fundamentals improve, and 2025 M&A accelerates.
Citrini Research
ai Power Struggle: Natural Gas
U.S. natural gas faces structurally higher prices as AI data centers and LNG exports outpace maturing, increasingly price-sensitive shale…
Citrini Research
inflation Macro Memo: Red October
U.S. equities remain supported by secular capex and fiscal stimulus while tariffs, weak cyclical demand, and policy-driven mortgage-rate…
Citrini Research