 A Message From Brownstone Research Dear Reader, Do you hold any of these AI stocks? 
Wall Street insider Jason Bodner — the man who called Nvidia at $4.50 — says today’s AI stocks are about to hit a wall. And a completely different group of AI firms… names Wall Street is starting to ignore… are about to take off. This has nothing to do with SpaceX… A new chatbot… Autonomous robots… Or anything you’re likely hearing about. It has to do with a brand-new “light-speed” device turning AI as we know it into “Accelerated AI”… Making it 100 times faster… And 100 times more energy efficient — right here, on Earth. Already, some of the biggest tech investors like Elon Musk, Mark Zuckerberg, Cathie Wood, and Bill Gates are moving money into it. Just to name a few… They’re all moving money to prepare for what’s coming. But you won’t hear anything about it in the mainstream news… In fact, TV pundits spent most of this past year talking about AI worries and its “existential risk” to jobs… Or arguing whether we’re in an AI bubble and when it would pop… That’s why most Americans won’t see it coming until it’s too late. Don’t be one of them… Because if you’re holding the wrong AI stocks when “Accelerated AI” goes mainstream… You could spend the next decade just trying to claw back to even… But if you make the one move Jason reveals in this urgent video message… The next 12 to 24 months could hand you bigger gains than the entire AI boom of the last three years. Click here to hear the full story and get ahead of the crowd. But hurry, because this opportunity won’t stay hidden much longer. We have so much to look forward to, Jeff Brown
Founder & CEO, Brownstone Research P.S. Jason also shares details on 10 popular AI stocks he says you must dump before this shift goes mainstream. Names sitting in millions of 401(k)s, IRAs, and brokerage accounts. Click here to see if yours made the list.
Further Reading from MarketBeat Media
First Citizens BancShares vs MP Materials: A Tale of 2 Regulation BetsReported by Bridget Bennett. Posted: 10/5/2026. 
Key Points
- Joel Litman of Altimetry argues deregulation creates competitive winners while government equity stakes merely keep weak companies alive without rewarding shareholders.
- First Citizens BancShares stands to gain from lighter Federal Reserve bank supervision, easier mergers, and rising commercial and industrial loan growth.
- MP Materials, backed by a federal equity stake, has lost about 50% of its value and has yet to prove it can earn durable margins.
- Special Report: My #1 coin for October (still under $1)
Washington has spent the past year and a half writing checks to private companies, and the scoreboard on those investments has been rough. The quieter story—a lighter supervisory touch on banks—has barely made the front page. Both are regulation stories, but they point in opposite directions.
One side of the trade is an industry where the rulebook is getting shorter and competition is becoming easier. The other is a company whose biggest new shareholder is the federal government—and whose stock has gone the wrong way ever since. That split is the real investable idea right now, and it has almost nothing to do with the AI headlines dominating the tape. Deregulation Builds Winners, While Regulation Only Builds SurvivorsRegulation creates survivability but never guarantees profits, according to Joel Litman, chief investment strategist at Altimetry. Deregulation creates competition, and competition is where the best-performing stocks tend to come from. Litman recently spent several hours with former Congressman Ron Paul in Lake Jackson, Texas, working through the same idea from a constitutional angle. Heavy regulation tends to produce regulatory capture, in which incumbents endure because the rules protect them rather than because customers choose them. The United States Postal Service is the extreme version. It has lost roughly $100 billion since 2007 and is approaching a $9 billion to $10 billion annual loss, according to Litman, yet nobody is betting on its disappearance. Meanwhile, FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) move freight worldwide under constant competitive pressure. Survivability and shareholder returns are not the same thing. Lighter Bank Supervision Is Already Showing Up in Loan GrowthMichelle Bowman's arrival at the Federal Reserve changed the tone of bank oversight: narrower examinations instead of sweeping audits, targeted supervisory action instead of blanket reviews, and some relief on capital requirements alongside a friendlier path for bank mergers. That frees up management time and balance-sheet capacity, and it is feeding commercial and industrial loan growth, according to Litman. The beneficiary is not the obvious one. When airlines and trucking were deregulated, the legacy carriers that leaned hardest on the old rules were not the winners. The nimbler operators were. That logic points to First Citizens BancShares, Inc. (NASDAQ: FCNCA) rather than the $100 billion money-center names. First Citizens has absorbed roughly 20 banks, including the Silicon Valley Bank assets that the Federal Deposit Insurance Corporation (FDIC) needed off its books. A looser merger environment gives a serial acquirer more targets, while organic commercial and industrial lending provides a second engine. Return on equity at First Citizens screens slightly higher under Altimetry's uniform accounting than under reported generally accepted accounting principles (GAAP) figures, according to Litman. That matters because deregulation can make a weak lender bigger just as easily as it can make a strong one bigger. The share price of roughly $2,000 is not the obstacle some retail investors treat it as. Price reflects share count, not quality, and Berkshire Hathaway has never been held back by it. Litman's preferred entry point is in the roughly $2,150 to $2,200 range, with a margin of safety built on at least a 3-to-1 upside-to-downside ratio and what he describes as high-double-digit percentage potential. What to watch: commercial and industrial loan balances, deposit costs, and whether the next acquisition announcement arrives on friendlier regulatory terms. Government Equity Stakes Guarantee Survival, Not Shareholder ReturnsRon Paul calls it corporatism: The federal government stops writing rules and starts taking equity, which means it starts picking winners. The United States has taken positions in roughly 40 to 50 companies over the past 18 months or so, and the track record since each investment has been poor, with declines of 20%, 40% and 50%, according to Litman. Verify those figures before acting on them. MP Materials Corp. (NYSE: MP) is the clearest example. The rare-earth producer lost money in 2024 and 2025, is expected to lose money again in 2026 based on Litman's numbers, and the stock is down roughly 50% from around the date of the federal investment. Survival is not the question. Litman expects the company to be around. The question is what has to go right for the stock: margins the company has not demonstrated it can earn, achieved at something close to total market saturation in its corner of the rare-earth market. Both look unlikely to him, which is also why he thinks a 50% decline does not make the stock cheap and could extend further. The onshoring goal is legitimate. The method is the point of debate. Tariffs have already pushed manufacturers toward domestic capacity, and Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is building in Arizona for reasons that have nothing to do with a federal equity check. Processing limits on China-based refining could do similar work without putting taxpayers on the cap table. The Cash Test That Settles a Losing PositionFor anyone still holding from the hype phase, Litman's discipline is blunt: Imagine the money is sitting in cash. Would it buy the stock today? If the answer is no, that is a sell, with the proceeds better deployed in something like the Vanguard S&P 500 ETF (NYSEARCA: VOO) or broad exposure to the S&P 500. He does see a few rare-earth names worth owning. The ones with federal backing are not on that list, and the backing itself is the signal to step away. No alternative tickers were named in the conversation. Follow the Rule Changes, Not the Government's PortfolioFirst Citizens and MP Materials present the same question in two different ways: Who benefits when the state steps back, and who gets stuck when it steps in? The bank case depends on supervision remaining light, merger approvals remaining available and loan demand holding up. It does not depend on rate cuts, an AI narrative or a market melt-up. The rare-earth case depends on margins and market share that have not shown up yet, and a government stake does nothing to produce either. Stay focused on who is writing the rules and who is taking the equity, because that distinction is what moves these two stocks in opposite directions. For the full argument, watch Joel Litman's complete conversation with Ron Paul and the deregulation research behind it. . |
