Katy 📖📚💻

Sharing my confirmation bias

[Balaji @balajis]

AI glasses translate Chinese to English in realtime.

[Linda Xie @lindaxie]

The largest bounty ever posted on Bountycaster is a 10 ETH (almost $40k!!) online mystery puzzle

Super cool to see that people have been teaming up from all over the world to solve it. Have fun and potentially earn a major prize pool 🔥

https://t.co/CxAyukiVei

[Katy 📖📚💻 @katy_underhill]

@delk 100% agree!

[Patrick Zweifel @PkZweifel]

1/4
√ The world continues to slide further into recessionary territory with both activity and inflationary pressures falling

√ June global manufacturing PMI was down seven tenths of a point to 47.7, below the 50 threshold for the 10th consecutive month

[Harry Stevens @Harry_Stevens]

Germany has shut down the last of its nuclear power plants. Tonight, the country is emitting one of the highest quantities of CO2 per unit of electricity generated in all of Europe. Coal is its #1 source of electricity.

Source: https://t.co/J0ByD0ozje

[Lyn Alden @LynAldenContact]

Meanwhile, this trend shouldn't be dismissed:

[Joe Weisenthal @TheStalwart]

@modestproposal1 You don't think "The banking system is fine so depositors shouldn't worry, but we can't promise to protect all deposits, but if a bank is systemic than we can protect all deposits, and banks of any size can theoretically be considered systemic" is a compelling message?

[Lyn Alden @LynAldenContact]

These CBO projections also assume that the Fed cuts interest rates in 2024 without a recession having occurred, and that unemployment remains low continuously into 2033 with no recessions ever.

[Jim Bianco @biancoresearch]

For the first time since 2007, a US Treasury has a yield with a 5-handle.

[Katy 📖📚💻 @katy_underhill]

@GRDecter Omg. Is this the second time @elonmusk has commented on your tweet? On fire @GRDecter !

[Katy 📖📚💻 @katy_underhill]

@veSoze @DeleteFIAT @kremdser @dylanleclair No. The 6 month treasury bill rate of 5% is an annualized rate.

Interest = Principal x Rate x Time
Eg $1,000, the calculation would be:
Interest = $1,000 x 0.05 x (6/12) = $25

[Lobo Tiggre @duediligenceguy]

Mr. Market didn't care much for the FOMC statement. The 25-bp rate decision was already priced in.

Then spake Powell...

[Lyn Alden @LynAldenContact]

The World Bank estimates that 144 billion cubic meters of natural gas are flared (burned unproductively) per year by oil producers, for lack of anything better to do with it.
https://t.co/Z9CiCSNnCI

[John Quakes @quakes99]

@uraniuminsider For those interested, here's the YTD trading data for @Sprott Physical #Uranium Trust ticker $U.UN in Canada, the primary high volume #SPUT ticker, to verify what Justin has stated above.✅

[Lawrence McDonald @Convertbond]

India - One billion human beings, with no air conditioning.

China - One billion human beings, with no automobile.

*as we export jobs out of the USA, raise the standard of living globally - oil, gas consumption explodes higher. Carbon neutral 2090.

#TimeToGetReal

[Antonio Reza @theantonioreza]

Everyone is using ChatGPT.

But 99% of people don't understand how you can use it in your daily life.

Here are 9 things you can do right now to improve your life with AI:

[Alex Banks @thealexbanks]

1/ Organise your notes

In my opinion, this is a hidden gem.

Paste in your disorganised thoughts, quotes and ideas.

Let ChatGPT sort your writing into topics and themes.

This will save you hours spent refining or distilling.

[Lyn Alden @LynAldenContact]

Notably, if you are a career federal worker, you usually can't own equities associated with your work.

For example, a random administrative federal worker in the FAA has restrictions on owning airline stocks.

But if you're a member of Congress, you can day trade them. 👍

[FT China @ftchina]

Jack Ma cedes control of Ant Group https://t.co/jzaK3vRXzZ

[Jason Furman @jasonfurman]

Jobs report:

--223,000 jobs: Moderate slowing but still VERY fast given where the economy is.

--UR fell to 3.5%: Very tight

--Wage growth: 3.4% annual rate, reverse of last month, slowed a lot, unusually large downward revisions, best reason for hope on moderating inflation.