https://macronotebook.com/2026/11/amd-earnings-a-97-data-centre-jump-gives-ai-a-breather/The Macro Notebooken2026-11-04T08:36:00.000ZAMD earnings: data-centre sales nearly double and give the AI trade a breather https://macronotebook.com/2026/11/democrats-win-congress-what-it-means-for-markets-and-money/The Macro Notebooken2026-11-04T07:56:00.000ZDemocrats win Congress: what it means for bonds, tariffs, the debt limit and AI https://macronotebook.com/2026/11/power-of-the-purse-what-it-is-and-how-congress-uses-it/The Macro Notebooken2026-11-04T07:54:00.000ZPower of the purse: what it is, and how Congress uses it to control federal money https://macronotebook.com/2026/11/ai-debt-big-tech-borrows-50bn-as-lenders-charge-more/The Macro Notebooken2026-11-03T23:35:00.000ZBig Tech borrowed $50bn for AI in six days, and lenders are charging more https://macronotebook.com/2026/11/ai-job-displacement-shows-in-slow-rehiring-not-layoffs/The Macro Notebooken2026-11-03T23:32:00.000ZAI job displacement shows up in slow rehiring, not in layoffs https://macronotebook.com/2026/11/interest-on-the-national-debt-hits-a-record-326-of-gdp/The Macro Notebooken2026-11-03T23:30:00.000ZInterest on the national debt hits a record 3.26% of GDP, above the 1991 peak https://macronotebook.com/2026/11/down-friday-down-monday-sp-500-warning-11-times-a-year/The Macro Notebooken2026-11-03T10:02:00.000ZDown Friday, down Monday: the stock market warning fired again, as it does 11 times a year https://macronotebook.com/2026/11/apple-earnings-record-quarter-but-memory-costs-cut-margins/The Macro Notebooken2026-11-03T09:30:00.000ZApple earnings: a record $114.5bn quarter, but memory costs squeeze its margins https://macronotebook.com/2026/11/prop-40-california-the-billionaire-tax-and-its-two-rivals/The Macro Notebooken2026-11-03T09:08:00.000ZProp 40: California votes on a 5% billionaire tax, and two rivals that could void it https://macronotebook.com/2026/11/rba-rate-hike-why-australia-raised-rates-to-485/The Macro Notebooken2026-11-03T09:07:00.000ZRBA rate hike: Australia raises rates to 4.85%, the highest since 2008 https://macronotebook.com/2026/11/wealth-tax-what-it-is-and-the-four-countries-that-keep-one/The Macro Notebooken2026-11-03T09:06:00.000ZWealth tax: what it is, and why only four rich countries still levy one