← Leaderboard
JL
John Lonski
The Lonski Group
First call on the ledger
No calls filed yet. Quotes in curly quotation marks are verbatim; everything
else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
Answering 'you're not expecting a rate hike anytime soon, are you?' He adds the Fed 'would only respond to increases by price inflation that are demand driven' @1:47 and 'I don't think that's gonna happen' @1:57, discounting supply-driven energy inflation.
“I am not. I think the Fed is going to keep monetary policy steady moving forward. To the degree that inflation picks up because of higher energy prices, I think the Fed will stand pat.”
Asked whether AI spending is inflationary he answers 'No, I do not' @2:21, sizing data-center construction at '80 billion to 100 billion dollars' against '$2.2 trillion' total construction @2:35, and concludes 'I don't think by itself that represents an inflation risk' @3:01.
“I think there's more than enough room for the US economy to accommodate and increase in spending on AI and increase in spending on people that are gonna be hired to work at developing AI programs and the like.”
Nasdaq since this was said: ▼ -0.0% · 25,520 → 25,508 · as of 2026-07-20
Asked whether he would put new money into semis after they 'roll over in the last couple of sessions'; he notes 'still they are up by 50, 75% for the year to date' @3:38 as the reason for caution.
“that would still prompt me to be cautious as far as putting money into semiconductor stocks. I'm a very conservative bet. Maybe I'd like to see those share prices drop lower before I went ahead and bought semiconductor stock shares.”
Immediately preceded by 'But the future for AI is very, very bright. Unfortunately for companies, that's going to invite more competition' @4:03 - the bright macro future is exactly what invites the margin pressure.
“That would put pressure on margins and it might well be that some of the returns that we expect to see from AI on a company by company basis come in lower than anticipated.”
Nasdaq since this was said: ▼ -0.0% · 25,520 → 25,508 · as of 2026-07-20
Follow John Lonski
One short email when John puts a new call on the record, and when a verdict lands on one. Plain words, free.