Besides less people working, the real dangerous part is some of the wrong employees were let go who then create their own company and take market share. With AI, the costs and time to do this has plummeted for the highly motivated.

Good to see the job market still cooking. U.S. Mar. Nonfarm Payrolls: 115K, [Est. 62K] Mar. Unemployment Rate: 4.3%, [Est. 4.3%] Mar. Average Hourly Earnings (MoM): 0.2%, [Est. 0.3%] Mar. Average Hourly Earnings (YoY): 3.6%, [Est. 3.8%]

whoever leaked that he’s panicking about leaks is the funniest person in the government

Nice to see baggy #$QCOM not so baggy these days.

Semi's slightly down (we will see) while a bunch of other beaten down places showing some signs of life. Rotation would be a pretty good thing.

Biden should get more credit for his CHIPs bill in 2022, which you could make the argument has been the primary catalyst in the AI boom and earnings explosion.

Seeing a bunch of middle finger charts starting to form.

The semis unwind is going to be so funny.

If you have downloaded Claude Desktop and have spent at least 5 minutes working with it or creating a basic project, you are probably 12 months ahead of 95% of the workforce.

There are so many people who work in finance that are terrible at finance and are even worse at investing.

I would be taking my parents car keys and selling the car if they needed a cognitive test. Elder abuse.

Gas up to $4.59 from $2.79 in February.

Kind of boring but the Capital Group, Dimensional, and Avantis all have a bunch of Active ETFs that are crushing it and getting a ton of AUM.

It wasn't politics that cost me friends; it was morals.

First time using Chatgpt in awhile (gotta conserve the sweet Claude tokens). A robinhood ad is new.

Now having dreams about my AI projects. I was worried this was going to happen and not the first time the ADHD hyperfixation went wild.

The "Nvidia of China" released financial results and was halted limit up 20% overnight. Kind of crazy.

Whoever booked this earnings calendar day, well done. Expert level troll.

RYAN: Before the war starter, there was clear intelligence that the base was high on Iran's target list and internal analysis that said the site is indefensible. Yet you sent our soldiers there anyway. True or false? HEGSETH: Are you just gonna play gotcha? RYAN: Six of our soldiers are dead

Wonder how much the move in Oil is a product of bonds, gold, crypto (lol) not working as a hedge.

Also stop redistributing all of the Blue state federal tax collections into Red state hell holes. Spend that money back in Blue states.

Please let this happen.

Melania is calling for @jimmykimmel.com to be fired. @jimmykimmel.com should call for the release of Melania’s Citizenship Test…

Easily the best recap of the WHCA dinner “shooting” I’ve read yet. From the always relevant @lebassett.bsky.social www.laura-bassett.com/p/the-irony-...

TUDOR JONES: “.. We're 252% of stock market cap-to-GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%. “.. Since 1970, we get a mean reversion about every 10 years. Let's say mean revert to the past 25 or 30-year PE. That would be a 30, 35% decline.” youtu.be/S31J5ACsOqU?...

Was able to deliver a project ask in under 15 minutes that would have taken 4 hours. Other than a handful of saas names, they are in trouble.

Retracing almost the entire move. Would love to get another crack at #$RMBS under $100. Down 50 something percent from recent high.

Millennium filed an updated 13G last night taking ownership from 5.7% to 9% in one of my positions. Not sure if its a good sign or not.

Investment world figuring out that OpenAI / ChatGPT kind of suck and Claude is crushing them.

I might be addicted to Claude Code. Being able to code software has been this gatekeeper for a long time. I never had the drive to really learn how. I have been putting together interesting ideas for the last 15 years and can finally see them start to work. Its pretty crazy.

Zillow alerts going crazy with new listings and price cuts in my area. About time but very worrying. Looking across sunbelt is extremely troubling.

Epstein survivors are here in DC today to press for a full release of files by Trump Admin They’ll be on national mall… as Trump and some of the media have a black-tie dinner together

Happy to say I got this one very right. Dummies were selling it under 20x ntm.

i’ve worked in tech more than 20 years. it has never been more ridiculous.

Starting to feel like the blow off top in semis is coming. Looks out of gas.

This photo should be on the front page of every single newspaper in America today.

Good lord, DeepSeek's new model claims to have roughly similar performance to new state of the art models from the big US firms at roughly 20-50x lower cost

Still mad about this one. Gassed up 40 something percent now.

Schwab limiting and restricting the long short strategies. I think people got massacred in the #$CAR squeeze in their tax alpha sma.

Here is what I see, AI has sucked all of the oxygen out of every other tech sector, which flows directly to Semi's / DCs because its easy & it has been working. I ask the Venture / PE guys what else should I be reading about for new tech opps. Its a ghost town. Just a big AI cash grab.

What if I told you there is a very popular Long/Short tax alpha strategy that had a sizeable short position in #$CAR as of 3/31 and I suspect the other Long/Short strategies at big houses were also caught in the squeeze. Schwab started limiting access. www.taxalphainsider.com/p/longshort-...

Rick Rieder's monthly fixed income webinar is always really interesting. Wish he was selected instead of Warsh.

Good thing I got fixed last month!

It could take six months to fully clear the Strait of Hormuz of mines deployed by the Iranian military, the Pentagon has informed Congress. -WaPo

Claude Pro even running Sonnet 4.6 is cooking through usage way faster than prior weeks.

I read things daily that I unfortunately can’t share here, but the situation with Iran is far more chaotic than most people realize. The effects will reverberate across the Middle East for a long time.

This Trump Taco doesn’t have the same juice as the others and I think there is a good chance it sells the news with a nasty red flip at some point.

Bonds, Oil, Gold, Crypto is sniffing out something equity isn't just yet.

Another Mid MAGA dude who can't answer very easy questions.