@JeffSnider_EDU how exactly is a rich exodus bad for ca? Mega-cap personal discretionary spending will take a hike, then a 5% tax for those left will flatten out that K-shape real nice..
@dampedspring He may be talking his book, but the incentives are way off. Ship goods that may never reach their destination, with potential burial at sea? it will interesting to see if there are any risk premium takers (vs real risk)
@AheadoftheNews Most bots are registered and percolate to the top. Keep scrolling past all the bluechecks to where the thoughtful, unverified non-click-bait comments are
@anasalhajji Ignore. Thousands of hostile state sponsored AI bots were created last month to disrupt Canada’s election. Now the election is over they are like wasps in falltime wandering around seeking purpose
@MacroAlf The fed is forward thinking as the question implies. Add in the fact rates are rising further as the market demands it and fed risks policy divergence if they cut. It’s happening right now in Canadia.
@sama Enable multimodal between models in the same session.
Enable medical imaging upload/analysis.
Enable “adult mode” to allow power users to accept the associated risks.
@nope_its_lily There is a small elite army of very crafty developers and engineers who are leading the way to openly dethrone NVDA’s lock-up in the GenAI/LLM world. Give it another 6 months for their work to gain traction.
@nope_its_lily Been trying to think of the black swan not on anyone’s bingo card..
- EMP pulse
- moon leaves orbit
- 20% bond yields
- Fed lends direct to retail
- ..
Midday Update:
Boring day so far. Stocks sold off 1% and everyone lost their shit.
Long end lift in bonds continued for the 2nd day. Now at support.
Fed continues ping-pong policy. Guiding forwards all over the place, meanwhile the actual FF rate hasn’t moved since July ‘23 and likely won’t this year.
$SMCI & $MSTR weighed bigly on the Russell.
$BTC doing what Bitcoin does. $5k swings every 12 hours.
Chinese stocks strong. Xi making positive headlines wherever he can. $TCOM is a monster. Boockvar called it.
$TSLA sold less cars and everyone’s acting like the overlords aren’t dead-set on transitioning to an electric carbon credit world. China’s EVs are sick and only cost a handful of beans (dirt cheap).
IMO, the best looking chart isn’t $NVDA, it’s $L.
Kicking myself for not getting a piece of the insurance extortion racket taking place. “Oh you’ve refi’d into a low fixed rate? That’s terrific. Now that I know you have additional discretionary income, your home and car insurance are going up over 20%. Why? Uh… because the sun, and you know… wind… and uh, hot. Yeah, hot. It’s hot.”
Gold and silver rallying again because the whole economy is a spinning plate circus show.
Lastly, there’s a guy who amassed power and influence by presiding over $5T in retirement money and that very same guy wants to raise the age of retirement and apparently nobody cares.
Oh yeah, chocolate bars are $250 now.
You are up to date.
@RealHerbHoover Boomers flipped from hippie to outright capitalists overnight.
Gen-x had good intentions.. but with ideas way before their time.
Millennials in survival mode. No faults given.
Bullish gen z who are primed in every way to unwind every other generation’s mess.