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Top for risk on…?
Major AI companies came out this weekend and simultaneously started calling for slowing AI development
AI stocks will most likely crash hard on open and next week + we can see a risk off (especially if the FOMC does hike or indicate hike Wednesday)
We Must Pace the Frontier: I’ve written a new essay on why the AI industry should slow down, with a three-part plan for doing so.
Anthropic is unilaterally committing to the first of these steps. We’ll provide third-party evaluators with permanent, employee-level access to our systems, so that they can verify adherence to our safety measures, report on incidents, and assess models’ alignment during training.
You can read the full post here: https://t.co/OGyPb7yaYt
Imagine the smell…
New weekly high
Clarity passes
FOMC doesn’t hike
Final peace deal with Iran
Trump wins midterms
Stimulus arrives
Money printing starts
Bitcoin and alts pump
Every bear get’s left in the dust
Send this to someone overly bearish…
Imagine the smell…
No weekly high
Clarity fails
FOMC hikes
War back on
Trump loses midterms
Trump gets impeached
Bitcoin sub 60k
“Bottom callers” get humbled
I hope not, but at this stage, this is more likely than not…
Send this to someone overly bullish…
The loudest KOLs are the ones you should trust the least
Jumping from one thing to the next, calling out everyone when they are right, never owning when they are wrong.
The ones telling you they want you to succeed but use you as exit liquidity and a cash cow every day
Watch