Observations from the Executive Suite

First, AI is moving at breakneck speed. The push for data centers and related energy and infrastructure is huge. The Iran war is no help, raising energy costs and potential bottlenecks at peak data center build out time. Recent U.S. data shows that 2% of Q1 2026’s 2.5% GDP growth was due to AI/data center-related capital spending, plus capital spending (overspending?) related to unprecedented depreciation allowances. Q2 data will reflect the huge increase in fuel-related spen

If you would like more details, please refer to my prior NRC.com website blogs on the Electrification of Everything. Part 1 here and Part 2 here . It appears the Electrification of Everything is coming faster than everyone has thought. From rumors only, it sounds like Elon Musk is close to the creation of a much smaller and greatly improved computer chip called a nano chip, that will make space travel, vehicles, newly constructed manufacturing plants and more, much less expe

My first blog on the electrification of everything from May 2025 is accessible on NRC’s website here . The Iran War is creating a further interruption, but let’s hope it ends quickly. Yet another war over oil will bring back cries of reducing the world’s dependence on oil. In the meantime, AI activity adds to creating potential major supply disruptions on many things, so geopolitics will continue to bring uncertainties hindering capital decision making. First, it appears th