Ric

[Ric @ItsRicJames]

@LukeGromen With SPCX & OpenAI & Anthropic IPO's coming out, it seems the market is in 1998/99 territory and there might be a massive bubble move higher, Thoughts? Is the level of printing going to make it so bubbles go higher even with CAPE/Buffet indicators showing stretched valuations?

[Ric @ItsRicJames]

@LukeGromen Hey Luke, looking at the current administration & the price action on crypto specifically fintech & stablecoins to be bullish, due to adoption into financial institutions? do you see the structural change into more digital assets (recent bill on XRP) as being massively bullish?

[Ric @ItsRicJames]

@hkuppy Do you think they are in no rush as there is the timeline with the shutting down of Iranian oil production which will have to occur in the next few weeks?

[Ric @ItsRicJames]

@LukeGromen so based on this, one of the issues was food riots & shortages felt, but what if the US doesn't feel this longer-term is it still a mistake? is it public perception around the world that would sour as it isn't a 200,000 causality loss for the US? The view of US as Hegemonic?

[Ric @ItsRicJames]

@LukeGromen Hey Luke, Long-time fan & subscriber. Will there be meaningful impact of the Straight being closed for over a month on the world as there is an "air pocket" occurring in many regions around the world or will the market shrug this off? Are EM stocks a concern going forward 3-6m?

[Ric @ItsRicJames]

@LukeGromen @MartinSkold2 Do you see any version where the US is not wanting to open the straight to shock / force the hands of allies that have not carried their weight? Such as exposing them for being paper tigers and forcing their hands to quit green energy, build up military and be self sufficient?

[Mario Nawfal @MarioNawfal]

🇺🇸🇪🇺Trump basically just gave 450 million Europeans an ultimatum: sign the $750 billion trade deal by March 26 or lose favorable access to U.S. LNG.

Qatar's Ras Laffan LNG (17% of global capacity) is offline for 3–5 years after Iranian drone strikes, Russia’s pipeline gas is cut, and Norway is maxed out, leaving America as Europe's only scalable supplier.

With LNG prices up 35–50% since Hormuz closed, this isn't impulsive... it's the most calculated energy play in U.S. history, using the crisis to force a massive trade win.

Source: @shanaka86 CNBC

[Ric @ItsRicJames]

@LukeGromen Negatives: current iran war, energy shock, inflationary shock (rate cuts gone this year?), private credit faltering, AI eating jobs

There is a lot of negatives hitting the markets right now, how do you position for a global peace dividend, cheap oil & concerns hitting markets?

[Ric @ItsRicJames]

@LukeGromen How long before you see the economies around the world break? It seems like the US admin is saying anything and everything to control the markets and it has done a decent job so far but that has limits. What gets hit the hardest? Will it be a sell anything & everything moment?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Volkswagen is in talks with Israel’s Iron Dome maker over a deal that would switch production at one of their factories from cars to missile defense, per FT.

The German government is actively supporting the proposal.

[©️redit From Ⓜ️acro to Ⓜ️icro @Credit_Junk]

Hormuz is both alive and dead

[Ric @ItsRicJames]

@LukeGromen Do you think any changes in flows such as Saudi diverting oil & the seizure of the Iranian oil already out at sea will have any effects?

[Citrini @citrini]

An aphorism from I don’t know who/when: “When people are worried about the future, they buy gold. When people are worried about the present, they sell gold.”

Will be interesting to see if that plays out.

[Ric @ItsRicJames]

@AndreasSteno They laughed at him, pulled pranks at the UN elevator & prompter, ignored him when he told them to pony up more for NATO and then when he called them out a 2nd time they take it personally? Them not acting is only hurting Europe as they are the ones in dire need of energy...

[van00sa @van00sa]

China knows exactly what this does. Their domestic version of TikTok caps kids under 14 at 40 minutes a day, locks access between 6am and 10pm, and swaps the entire feed to educational content. Science, history, museums.

The version they export to everyone else? Unlimited, unrestricted, pure dopamine on demand.

When kids in the US and China were asked what they wanted to be when they grew up, the number one answer in America was influencer. In China it was astronaut.

Macron calls this a cognitive war. Export what dulls young minds and keep what makes them intelligent for your own population.

This is the most effective weapon ever deployed against a generation’s ability to think.

[Michael A. Arouet @MichaelAArouet]

The year is still young, but that’s a solid candidate for the wildest chart of the year award.

[Charles Curran @charliebcurran]

Seedance 2.0

Prompt: Sum up the AI discourse in a meme - make sure it’s retarded and gets 50 likes.

[BIG ENERGY🇦🇷 @Energycrypt]

Always take profit before the screenshot 😂😂😂😂😂

[Just Another Pod Guy @TMTLongShort]

Somewhere in the HQ of every AI lab there is a giant whiteboard.

It breaks down every pool of economic rent extracted by the services economy based on market cap, revenue and margins.

It ranks these pools based on proximity to the existing research roadmap towards AGI and the ratio of intelligence to network effects and dependence on non-digital business process that each of these pools of economic rent have.

It ranks them on regulatory factors. It ranks them on cost and tolerance of being wrong.

And every single day the labs will systemically work towards destroying each of these pools.

One by one.

Because that is the cost of funding the machine needed to get digital god.

You can’t just skip to curing cancer.

You need to be able to afford to build the automated wetlabs and the GPU clusters that support them.

First it’s tutoring. Then customer support Then coding. Then consulting. Then financial analysis, accounting and law.

Entertainment soon after.

One by one pools of profit implode. And in the eating the models get smarter. The clusters get bigger. The momentum accelerates.

The appetite is in the eating.

You haven’t seen shit yet anon 🫡

[Anthropic @AnthropicAI]

New Engineering blog: We tasked Opus 4.6 using agent teams to build a C compiler. Then we (mostly) walked away. Two weeks later, it worked on the Linux kernel.

Here's what it taught us about the future of autonomous software development.

Read more: https://t.co/htX0wl4wIf