Subscriber Data Update Sept22 2025

Subscribers FOMC Miran spoke today and his views align very closely to what Magnelibra views as the appropriate level of the Federal Funds rate. Its refreshing to hear an FOMC participant, especially one just sworn in last week correctly assess that the lower rate is appropriate. He views the appropriate level somewhere down near 2%, but honestly I think he believes it should be lower, he just didn’t want to set off any alarm bells!

Anyway, you can watch his full speech and Q&A here, FOMC Miran at NY Econ Club

We also saw today the Nvidia and OpenAi partnership, but honestly at this point this whole Ai big dollar game just seems to be one big circular economic benefit structure by which the key players just feed off themselves. As we stated time and time again, its one big club but that club is getting smaller and smaller via connected merger and affiliation.

Alright let’s move onto the Magnelibra Subscriber section with all our data for the markets that we cover.