alt Hacker NewsYeah this has to be some of it. No coincidence certain industries in the market always shifts up or down significantly just before and after each election, as people try to read the tea leaves of how a shift in political power will affect them.
Yeah this has to be some of it. No coincidence certain industries in the market always shifts up or down significantly just before and after each election, as people try to read the tea leaves of how a shift in political power will affect them.
Some of it is also just political fighting making it inconvenient to sign contracts and do work specifically right now. Even places that have favorable build out plans for data centers have strong fears on moving forward with them with how much political ads are using them as a focus.
Good news on that front is that political fighting typically evaporates with the campaigns. Bad news, of course, is that it typically comes back with them. So contracts have to be executed stupid quick.
Which flat out makes some things like the CHIPS act non-starters as long as we can't trust the next administration to give a good faith attempt at executing and honoring what came before.