Can I ask a STUPID tech question?
If I delete a photo from my phone, it's gone.
If I delete it from the trash, it's REALLY gone.
But hackers and governments can recover deleted data.
Where does deleted information actually go?
Selloffs and pullbacks usually lead to big winners, but you have to avoid FOMO and be able to sit and wait.
My biggest wins over 28 years have often come from buying recovery moves after a sharp pullback or selloff.
Recently, COVID lows, 2022 rate hikes, the regional bank selloff, tariffs and the war this year - among others.
The key for me is to let my stops reduce risk, hold extra cash, and to not get FOMO or be in a hurry to try to find the bottom on a pullback chart.
The chief economist at Apollo is warning that mass adoption of AI agents could trigger a bank run as they optimize user investments. Gary Gensler spent his last few years as SEC chair warning that the exact same problem will hit the markets: the pursuit of algorithmic perfection at scale destroys system stability. Personal-finance agents making simultaneous optimal decisions could potentially cause a massive flash crash.
Agent acausal coordination, with no messages passed between them, will show up in a lot of places. Markets will get the big headlines, but huge numbers of clever advisors making very similar choices will impact all of human society. Capability gains make this worse, not better. The smarter the agents, the narrower the optimal path; and knowing that other agents see that exact same path lets them move together without talking to each other. Agents do not need to collude to act in unison. Thus, they break no human laws by doing so. Human laws were not written for this. They were not written for a lot of what is coming, and it is about to start happening very fast.
@TonyIsHere4You@ekwufinance What you say is 100% true: The insanely high stockmarket levels and real estate levels are nothing more than inflation. This can get deflationary very quickly.
In 2000, the valuation difference between the US GDP & the stock market was 10 trillion vs 17T. Now it's 32T vs 78T
Redfin said the median U.S. home price was $440,004 in Aug. 2025.
Now it says $398,596 -- and headlines a 2.2% GAIN.
How? It changed the methodology and restated 2025 to ~$390K.
This is how propaganda works: change the baseline, bury the disclosure, sell the headline.
"Supply Shortage Problem Has Disappeared": Acer CEO Says Memory Prices To Decline In 2027 As CXMT Starts Mass Production Of New Chip Platform https://t.co/NmKYkdwNVi
🇯🇵 Japan 10-year yield hits highest since 1996
🇺🇸 U.S. 10-year yield hits highest since 2007
🇬🇧 U.K. 10-year yield hits highest since 2007
🇫🇷 France 10-year yield hits highest since 2008
🇩🇪 Germany 10-year yield hits highest since 2009
The global bond market is on fire.
10-year Treasury yields hit 5.04%, a 20-year high and 30-year yields hit 5.4%, a 24-year high. The rise is neither temporary nor close to over. It's the start of a long-overdue reset that'll return interest rates to levels incompatible with current asset prices or debt burdens.
If you own a home, open a 123street@gmail email for your house address.
Every single receipt for renovations goes in there, as it can save you money on capital gains taxes when you sell.
Here’s how to set it up right (and what counts):
Your glasses cost $5 to make. You paid $300. And one company you've never heard of is the reason why.
Luxottica owns Ray-Ban. They own Oakley. They own Persol. They own Oliver Peoples. They own Costa. They own Arnette. They make the glasses for Prada, Chanel, Versace, Dolce & Gabbana, Burberry, Giorgio Armani, and Michael Kors. They own LensCrafters. They own Pearle Vision. They own Sunglass Hut. They own Target Optical. They own the online retailer https://t.co/kRIbMGKUAX. They own EyeMed the vision insurance provider that tells you where to buy your glasses. And they own the lab that makes your lenses.
One company controls the frames. The brands. The stores. The insurance. The lenses. And the price.
A guy spent 11 years working in the optical industry 4 in a lab making lenses, 3 managing a retail optical store, 4 consulting for independent eyewear brands trying to compete with Luxottica.
He told me: "The frame on your face cost between $2 and $5 to manufacture. The lenses cost $1.50 to $3. You paid $300–$700. That's not a markup. That's a scheme. And it only works because one corporation owns every step between the factory and your face and nobody knows it."
"There are 4 billion people on Earth who need vision correction. Most of them are paying a 1,000%–2,000% markup on a medical device they literally cannot live without because the entire industry from factory to face is controlled by one company pretending to be 50 different brands."
"The glasses on your face right now are almost certainly made in the same Italian factory as every 'luxury' brand on the wall at Sunglass Hut the store that Luxottica also owns."
Here are 10 things the glasses industry doesn't want you to know and exactly how to stop overpaying for a product that costs less than your morning coffee to make:
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