The Morale of Tech Workers Is Plunging as Layoffs Mount www.nytimes.com/2026/05/19/b...

‘The author of a nonfiction book about the effects of artificial intelligence on truth acknowledged on Monday that he had included numerous made-up or misattributed quotes concocted by A.I.’ www.nytimes.com/2026/05/19/b...

BARCLAYS: “.. Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — ‘get me out of duration!’” (via @johnauthers.bsky.social)

‘For AI companies and builders of the data centers that serve them, AI rejectionism is creating an acute crisis. All over the country, community-level organizations have been succeeding in blocking data-center projects.’ www.wsj.com/tech/ai/the-...

‘If there’s one thing of any value to take from the trial, it’s the ever-darkening cloud over Altman’s suitability as a custodian of one of the most important companies in the world.’ www.bloomberg.com/opinion/arti...

“We’re not excited to see these advancements in AI if it means it’s going to pollute our environment, spread misinformation, track us and take our jobs.” www.bloomberg.com/news/article...

‘A hedge fund run by a former OpenAI researcher has placed huge bearish bets against the top AI chip makers’ www.businessinsider.com/openai-hedge...

this is my life now

It’s not massively shocking that public sentiment is very negative on AI when CEOs say things like, they’re chopping staff to replace “lower-value human capital” with investments in AI. www.bloomberg.com/news/article...

‘Four major US industries are in bubbles that could crash at any time. That’s the implication of a seminal study entitled “Bubbles for Fama” which challenges University of Chicago professor Eugene Fama’s famous claim that bubbles cannot be identified in advance.’ www.marketwatch.com/story/these-...

'The pops of a vinyl record, the solar flare on Kodachrome film, the imperfect analogy and the punctuation peccadilloes (lovers of ampersands, unite!), stand out. The imperfections of writing are what make it good writing.' tomtunguz.com/observations...

'Accelerating inflation in the US and beyond is leaving the Fed and other central banks with an acute problem – negative real interest rates. Policymakers may wish to remain patient, but the ongoing rout in bonds is sending a clear message: raise rates now.' www.reuters.com/commentary/r...

'The bond market has a warning for the Fed: Get serious about inflation and potential rate hikes ASAP' www.marketwatch.com/story/the-bo....

"This is all just going to end so badly," said Matt Smith, director of commodity research at commodities- and shipping-data provider Kpler. "We have to essentially get squeezed to the point where prices move higher to stop the barrels leaving." www.wsj.com/business/ene...

'Dell, which has long sold traditional servers and storage to most of the biggest US companies, is trying to take advantage of a shift by these clients to use their own equipment to deploy AI, an area that has been dominated by cloud providers and AI-focused firms.' www.bloomberg.com/news/article...

‘In recent months, Jay Parikh, who oversees the division that includes GitHub, has privately warned colleagues that the unit faces a critical threat... The same criticism could be made about most of Microsoft’s other core applications.’ www.theinformation.com/articles/mic...

‘Bill Gates’ charitable trust has sold all of its Microsoft stock and no longer owns any shares in the company, it disclosed Friday. Gates, who is the sole trustee of the fund, is the latest major shareholder to dump his Microsoft position.‘ www.theinformation.com/briefings/ga...

After the 1929 crash, R. N. Elliott uncovered a striking reality: Markets move in repeating wave patterns driven by collective human behavior. Those patterns repeat across decades because human nature doesn’t change. Get a FREE digital copy of Elliott Wave Principle: tinyurl.com/mr6m3vt5

‘“Liz Truss” bond market sell-offs are becoming more common across the G10 as debt levels rise and institutional integrity declines.’ robinjbrooks.substack.com/p/liz-truss-... by @robin-j-brooks.bsky.social

‘Since 1990, there has been a close relationship between real new era stock price performance and the cash to new era economic spending ratio. The latter now indicates that new era economic spending may soon begin slowing.’ paulsenperspectives.substack.com/p/new-eraold... by @jimwpaulsen.bsky.social

‘AI now accounts for nearly half of all IG issuance, 87% of VC funding and a growing share of HY, underscoring how deeply the AI investment cycle has penetrated every corner of finance.’ www.apollo.com/wealth/the-d...

“Sell in May” sounds like an old market superstition. But 300+ years of data suggest otherwise. A long-term study found average winter stock returns far outpaced summer returns — and the S&P 500 has shown the same tendency over time. Get free market insights - www.elliottwave.com/join/?utm_so...

‘BofA’s high-net-worth clients have increased equity allocation to the highest level on record.’ thedailyshot.com/2026/05/18/c...

“.. Cleveland Fed's expected 5-year inflation is at its highest since July 2007.” - Schwab

‘Premeditated booing of controversial speakers is common but it’s worth paying attention when a speaker’s words—let alone two speakers’ similar words—ignite an unplanned outcry.‘ gizmodo.com/ex-google-ce...

‘There have been notable instances where a “gamma squeeze” was blamed in part for big moves in individual stocks. But seeing the entire market swept up in something like this is, ”abnormal — I haven’t seen anything like this in my entire career.“‘ www.marketwatch.com/story/these-...

‘The popular dispersion trade has mostly shaken off drawdowns in the early days of the Iran war, with single-stock volatility — especially in parts of the tech sector such as semiconductors — far outpacing relatively mild increases in indexes.’ www.bloomberg.com/news/article...

Public BDCs Are Pricing In Most Pain Since Covid www.bloomberg.com/news/article...

‘He believes the recent rise of retail investing since the pandemic is among the "great revolutions" in modern market history. He also said the trend has changed the investing landscape permanently, forcing financial institutions to rethink their strategies.’ www.businessinsider.com/etoro-ceo-re...

‘Data-center plans may be scaled back, AI uptake prove slower than hoped, or a political backlash may hinder expansion. All are plausible; none are considered that serious by the AI bulls driving stock prices.’ www.wsj.com/finance/stoc... by @jmackin2.bsky.social

‘Negative AI sentiment could become a financial liability for AI labs if it continues to curb access to their most valuable resource: compute power.‘ www.axios.com/2026/05/17/a...

Gov. bond yields have surged to their highest levels in more than 20 years, driven by: 1) renewed inflationary pressure 2) persistently large government deficits 3) the end of QE 4) investors demanding higher term premiums www.apollo.com/wealth/the-d...

‘The total assets in leveraged single-stock ETFs has surged almost 2x off the Q1 low as rising retail interest in leveraged speculation gets directed into an increasingly narrow list of names.’ www.chartstorm.info/p/weekly-s-a... via @topdowncharts.bsky.social

“The most asymmetric trade in modern financial history.” www.marketwatch.com/story/the-mu...

’The study found companies with the highest gains were those using AI as a form of “people amplification,” implementing the technology to make workers more productive rather than outright replacing them.‘ fortune.com/2026/05/11/a...

‘It’s the Sex Panther joke from Anchorman, except it’s a chart that gets written up in major newspapers and bandied about as proof of AI models becoming conscious.’ www.wheresyoured.at/premium-what...

‘The study, which was used by EY consultants in Canada to market their cyber security business, used made-up data, mis-attributed citations and referenced a McKinsey report that does not exist, online researchers discovered.‘ www.ft.com/content/a61c...

“Dirty Sharpe for NDX hit the highest level ever this week. A high dirty Sharpe ratio indicates the index is moving steadily upward with very small pullbacks or drawdowns ... Talk about an insane level of (false) security now.” www.dailychartbook.com/p/overbought...

“Only 24% of S&P 500 members outperforming the index over the past 3 months ... going back to the 1970s, there are only a handful of other periods with lower %s.” www.dailychartbook.com/p/overbought...

“Projected flows remain heavily skewed to sell if we get a downside catalyst. Large synthetic negative gamma from dealer index options, levered ETF rebalancing, and vol control sit underneath the surface. If that catalyst hits, sell flows can stack fast.” www.dailychartbook.com/p/overbought...

Market Vane Bullish Percentage. Highest since June 1997. (it is the 90s!)

NEW BLOG POST: The Biggest Bargains On Wall Street thefelderreport.com/2026/05/16/t...

“Nvidia claims that its business in China went to 'zero' after April 2025 U.S. trade restrictions. We believe that in reality, over 20% of revenues remained driven by China. Nvidia is now actually losing the business Jensen claimed it lost a year ago.” www.businessinsider.com/nvidia-stock...

AI chip bubble rivals French stocks in 1700s, surpasses Nasdaq during dot-com frenzy by one measure www.cnbc.com/2026/05/15/a...

‘Having too many AI agents, especially multiple agents performing the same tasks, can create a cybersecurity and management problem for corporate information-technology departments, and can drive up computing bills.’ www.wsj.com/cio-journal/...

‘Higher interest rates aren’t the right response to a temporary blip in energy prices. But this leaves two big questions. First, will there be more such blips? Second, if they do keep on coming, can investors still rely on the Fed to strive for 2% inflation?‘ www.bloomberg.com/opinion/arti...

‘Based on data from the past past 100 years, once inflation crosses the 4% threshold, the S&P 500 has fallen 4% on average in the three months that follow, and 7% over a six-month time frame.’ www.bloomberg.com/news/article...

‘We are now entering week 12 of this crisis and Cornerstone is estimating a 14.4MBPD output forfeiture, equal to about 14% of global supply. Based on their model, Brent Crude should be in the $190 range, up from $179 during the 11th week.’ haymaker.substack.com/p/haymaker-d...

“There is still a pervasive belief that this war will end soon, and that once it does, oil prices will retreat. I think that is where the surprise will be: over the next three months, oil prices may continue to hit new highs.” themarket.ch/english/this... via @cgisiger.bsky.social

‘Cerebras’ closing price on Thursday values the company around 134 times its revenue for the past four quarters. That is more than five times Nvidia’s multiple on the same metric.’ www.wsj.com/tech/the-blo...