Constantin Gurdgiev

Academic & Research in financial markets & VUCA. If you are managing risk, you are mismanaging reality. 8,9,58

[Constantin Gurdgiev @GTCost]

Looting National Parks Service funds. After DOGEing National Park Service employment.

[Juliet Eilperin @eilperin]

SCOOP: Trump officials are diverting roughly $90 million in national parks entry fees to pay for the president’s July 4th plans, including a massive fireworks display. By @jakespring @ddiamond and @NaemaAhmed https://t.co/Oy1OqmYdZO

[ABC News Politics @ABCPolitics]

President Trump is floating the possibility of keeping the UFC arena on the White House South Lawn — built for a series of fights on his birthday and Flag Day — permanently.

Read more: https://t.co/3b9o9XIiBu

[Aaron Rupar @atrupar]

Trump: "Iran is a big success. Wait until you see. The economy is unbelievable."

[Constantin Gurdgiev @GTCost]

Well, if no one else says it, he just might declare it himself...

[Headquarters @HQNewsNow]

Trump refers to himself as "one of the finest intellects in the history of our country"

[Constantin Gurdgiev @GTCost]

Mental deadwood.

[Aaron Rupar @atrupar]

Ted Cruz on high gas prices: "I don't think it's gonna impact the midterms. I've seen no data that suggests this is having a big impact on the midterms. Under Biden, gas prices ... "

[David Wallace-Wells @dwallacewells]

“The public has swung 49 points against data centers in just nine months, underscoring the heightened political salience of the facilities and the AI industry that they embody.”

[The New York Times @nytimes]

Breaking News: Todd Blanche said that President Trump’s broad shield from IRS audits remained, even though the $1.8 billion payout fund had been dropped. https://t.co/YZk7KQx6B7

[Constantin Gurdgiev @GTCost]

This is entirely false. I live in a Blue State. Recently changed my credit card & bought a house - same bank, linked to existent accounts. Both transactions required me to prove my legal residency status.

[PatriotTakes 🇺🇸 @patriottakes]

Trump announces plan to seize assets and shut down bank accounts belonging to migrants:

“Access to our Nation's Financial Systems must be limited to those who have a Legal Right to be here…”

[Constantin Gurdgiev @GTCost]

This moron has no idea how catastrophic insurance works. And ACA is catastrophic insurance exemplified.

[Acyn @Acyn]

Oz: We believe that 35% roughly of the people that are using the Affordable Care Act are not legit because they have never filed a claim.

[Constantin Gurdgiev @GTCost]

Americans: Inflation is obviously the Blue States' problem... bullshit detector.

[Aaron Rupar @atrupar]

KUDLOW: How bad is the inflation right?

HASSETT: Right now it's on a deep, downward dive. And the inflation is really out of control in the blue states. So if you take out New York and California, then the story is radically different. And so there's really good news even on inflation right now.

[Constantin Gurdgiev @GTCost]

@nomorequangos Don't scare them! They might post a loss just to keep me away from The Gates!

[Hedgie @HedgieMarkets]

🦔A developer in California's Imperial Valley wants to build a $10 billion data center half a mile from homes that would consume 750,000 gallons of water per day. He claims it'll train Google's Gemini AI. Google denies any involvement. Residents' water bills have already doubled in six years, California doesn't require data centers to report water usage, and no central authority oversees any of it. A data center takes two to three years to build. A new water source takes up to twenty. Inside Climate News had the full investigation.

My Take
I posted about the Utah Stratos Project last week and this one runs on the same playbook. Developer shows up with a multibillion dollar proposal, name-drops a major tech company, and the tech company says they've never heard of him. California has no reporting requirement for data center water use and no central permitting authority. Hundreds of city and county governments are all figuring this out on their own with no playbook.

These facilities go up in two to three years but the water infrastructure they depend on took decades to build and nobody sized it for AI training loads. Margie Padilla, a mom in Imperial who grows her own food, already pays double what she paid six years ago for water and expects restrictions next. She's not against technology. She just wants to know who decided her water should subsidize a facility that a $2 trillion company won't even put its name on. Fair question.

Hedgie🤗

[Constantin Gurdgiev @GTCost]

What this omits is the fact that in probably 90% of all formal guidances issuance, the said 'guidance' amounts to little that is useful.

[Gallup @Gallup]

Despite widespread adoption of AI tools, about eight in 10 teachers (82%) say they receive no formal guidance on how they should apply AI tools to their work.

New data from Gallup and @WaltonFamilyFdn: https://t.co/d74R3WLAmV

[Constantin Gurdgiev @GTCost]

Because Tech Bros need some handouts.

[Matthew B @boes_]

The U.S. is now spending more on data center construction than on public transportation infrastructure, according to new Census Bureau figures out today (https://t.co/2SonuBrsvY)

[Constantin Gurdgiev @GTCost]

Oh, FFS! | NC bill would legalize killing those who seek an abortion. Really. | Opinion https://t.co/k15X3M6OsC via @usatoday

[Constantin Gurdgiev @GTCost]

Meanwhile, China is pursuing open platform AI models that are factors lower cost and comparable to Western models. But, never mind...

[Andrew Orlowski @AndrewOrlowski]

🎁Gift link for the curious, and some thoughts in the comment below:

https://t.co/2Nixb8q5Tt

[Constantin Gurdgiev @GTCost]

Things are going swimmingly. | PS: I wonder, do Iranians play oil derivatives markets?

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran says it has now decided to execute the full blockade of the Bab el-Mandeb Strait as the next operational step following the announcement of ending all negotiations and communication with the US, per Tasnim.

Oil is surging over 8%, now at $94.

[Constantin Gurdgiev @GTCost]

How does one "peacefully resolve" a conflict one started?

[Alternative News @AlternatNews]

The UN must open the Strait of Hormuz for us - Rubio

"What is the purpose of the UN?! The UN was supposed to be a place where you could peacefully resolve global conflict." 🤷‍♂️😎

“We are taking it to the UN”.

The US condemned the UN for years, because the UN wanted to peacefully resolve conflicts, and objected to American and Israeli wars.

The US must be in dire straits (pun intended) if they now beg the UN for help.

[Constantin Gurdgiev @GTCost]

@cate_long @HouseGOP Without "I" in it.

[Russian Market @runews]

German Companies Return to Putin’s Economic Forum – Globus Chief Thomas Bruch Attends

For the first time in four years, German business leaders are officially attending the St. Petersburg International Economic Forum (SPIEF), taking place from June 3 to 6, 2026.

Among the participants is Thomas Bruch, long-time head of the Globus Holding supermarket chain.

The German-Russian Chamber of Commerce says the move is necessary to maintain economic bridges after a potential ceasefire and to protect more than €100 billion in German assets in Russia.

Around 1,600 German companies remain active there.