$NVDA stock a little volatile rel to GDP, but nice model to follow: 1) See the future demand 2) Attract a great team 3) Solve the problem -Deliver 4) Build out the eco-system, acccelerate adoption. Started in 1993 with $40k, now 27,000 employees. Badass!
Breaking: US stock market is most overvalued in over 100 Years
A basket of valuation metrics indicates that the stock market is more overvalued than at the 2000 dot-com bubble and even 1929 market peak.
#NonfarmPayroll
Let me be clear!
No Economy goes from +160k to -133k the month after to +178k the next month.
This is complete nonsense!
My thesis is that BLS frontload the numbers to satisfy politicians.
As nobody is observant on the revisions - my thesis is that BLS make every second month strong (frontloading) - then next month bad - and then they let the backward revisions the coming months take care of the adjustments lower.
And - in 2025 - the job creation was 180k.
It does not jump to a “178k job creation economy per month” in few months.
I normally never say this… but these are manipulated numbers!
And it will show in the yearly correction - just like it did in 2025.
But who cares 12 months later….
An old joke, newly relevant:
A Finn and a Russian are fishing on opposite sides of a river along the border between their countries. The Finn pulls fish after fish out of the water, to the Russian's growing frustration. Finally, the Russian can't bear it any more and bursts out: "How come you're getting all the fish?" The Finn replies calmly: "It's because the fish on your side are too afraid to open their mouths."
🚨 JUST IN: A migratory bird just shattered world records — flying 8,425 miles (13,560 km) NON-STOP across the Pacific without landing once.
The bar-tailed godwit doesn’t stop to eat, drink, or sleep during its migration across the Pacific Ocean. Its journey from Alaska to Australia takes roughly 11 days of continuous flight, covering over 13,000 kilometers through storms, headwinds, and open ocean with zero land beneath it the entire time.
Before departure, it does something almost surgical to its own body. It shrinks its digestive organs down to almost nothing, converting the stomach, intestines, and liver into raw fuel. The bird essentially eats its own gut to make room for fat reserves that will power its wings for nearly two weeks straight.
The brain doesn’t fully sleep either. Half of it stays active while the other half rests, alternating in shifts mid-flight at altitude over the open Pacific. The godwit is simultaneously unconscious and navigating with magnetic field sensitivity that no human instrument in the 18th century could replicate.
What makes this genuinely staggering beyond the physical record is the navigational precision involved. The bird leaves Alaska and arrives in New Zealand with accuracy that would embarrass early GPS systems. It reads Earth’s magnetic field, atmospheric pressure gradients, star positions, and potentially quantum-level compass mechanisms inside its eye that literally let it see magnetic field lines overlaid on its visual field.
Evolution spent millions of years building an aerospace navigation system inside a 300 gram animal.
We spend billions engineering machines that do what this bird does on instinct, fat reserves, and half a sleeping brain.
The longest recorded non-stop flight by a commercial aircraft is around 20 hours.
This bird does 11 days.
Without a runway.
“If you’re concerned about private credit, you should be really worried about your equity,” Sadkin said. “If private credit fails, the economy is in bad shape.”
https://t.co/k0ARwN8VLY