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Wealthion’s Macro Bites 9/19/25

On Thursday, the U.S. Department of Energy (DOE) announced the Speed to Power initiative designed to accelerate large-scale grid infrastructure projects for power transmission and generation.  DOE analysis suggests the current rate of power project development is inadequate to support targeted U.S. reindustrialization and exploding AI power requirements.  DOE intends to collaborate with the corporate sector to develop large-scale grid infrastructure projects to overcome complex grid challenges.

The Warren Buffett indicator (ratio of U.S. stock market value-to-GDP) just hit a record 217%.  Never in history has the U.S. stock market outpaced economic growth by this degree.  What could go wrong here?


DXY dollar index +0.26%, spot gold +0.15% and spot silver +0.85% (gold/silver ratio at 86.5).

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