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Update from January Sell-Off in Artificial Intelligence January 27, 2025, saw several dozen stocks related to artificial intelligence infrastructure post lag single day drops, in many cases just days after reaching 52-week highs. The news of a large language model being developed (DeepSeek) for much cheaper than had been previous thought capable was released. Shortly after, we looked for past precedent of stocks dropping very quickly from highs and for what the playbook going forward had been. We looked back over the past four years, and when stocks above the $10B market cap dropped at least 15% from 52-week or…

Idaho, like its Rocky Mountain neighbors, Montana, Wyoming, Utah, and Colorado, has changed significantly over the last 50 years. From a population of around 700,000 in 1970, by 2024 that figure had grown by 180.9%, to just over 2 million. Over the same period, the United States population grew by 67.2%. The economy of Idaho has also changed dramatically and is now far more diversified. Thus, not coincidentally, Idaho has witnessed a major increase in wealth compared to its past. According to the Economic Policy Institute (EPI), the top 1% takes home 14.9% of all income in Idaho and make…

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