SPCX is a great example proving that the market is primarily driven by market mechanics.

CBS: The Iranians are saying they're gonna have access to a $300 billion reconstruction fund. True or false? JD VANCE: That's the sort of things they could have access to so long as they honor their end of the obligation

All this conflict to increase shareholder value for defense companies and shaft the average consumer. Tale as old as time for the Republican Party.

Pumper in chief

So let me get this straight. Jake Tapper is focused on attacking my Mom. Jared and Ivanka are building a private island paradise on Albanian protected land. Don Jr married the daughter of Epstein’s banker, and a startup his fund backs just got a record $620M Pentagon loan. Eric is taking an Israeli drone company public for $1.5B in the middle of a war with Iran that nobody wanted. And I know: “But what about your paintings, Hunter?” Please.

We have been “melting up” since 2008 bear market bottom. These little blips followed by heavy liquidity injection and rate cutting is just kicking the can down the road.

The Trump administration has awarded a $9.7 billion contract to Dell. This comes after Trump purchased up to $5 million in Dell stock and repeatedly promoted Dell during public events.

Donald Trump has been fined $200 after he was months late to report buying and selling millions in stocks, per WaPo.

BREAKING: Trump bought stock in the UFC’s parent company while promoting fights set to take place at the White House on his birthday, per HuffPost

Party of grift: * Donald Trump — 3,600 disclosed trades (Q1 2026) (no blind trust) * Joe Biden — 0 known trades (blind trust) * Barack Obama — 0 known trades (blind trust) * George W. Bush — 0 known trades (blind trust) * Bill Clinton — 0 known trades (blind trust)

CFOs reviewing the latest Anthropic bill

28% of all 🇺🇸 debt has been created under Trump in just < 5.5 years in office. Meanwhile, wealth inequality in 🇺🇸 has never been wider.

It’s upsetting to watch so many people be led to believe a software feature created from human exhaust is an alien intelligence. It’s a psyop. LLMs are a clever way to compress and search large databases with patterns. They have now inhaled effectively all of human knowledge. From this point, there will be spikes of improvement in narrow areas, but the big models are already collapsing from inhaling their own exhaust. The core technology is at least 40 years old. Neural networks are nothing new. We’re just attaching obscene amounts of computing and data to them. The physical nature of an LLM is literally just a database of tokens (word parts) and weights (relationships) that can be queried. It is not magic. It can be made deterministic by setting the entropy aka temperature to zero. It is a clever way to store an immense amount of data and retrieve it through token predicting. “Agents” are just LLMs being queried in a loop. They take exponentially more energy and suffer the same problems as chatbots—hallucinations and sycophancy—but exponentially more complicated to solve. In reality, it’s all a category error. It’s a mirage created by the desire of a small group of elites to build a technological and financial moat around themselves. “AGI” is the McGuffin, the plot device, to serve as the messiah that will deliver people from the toils of everyday life. The broligarchs are trying to sell us our own replacements. According to them, we won’t have to drive, or work, or think anymore. The robots and AI will all do it for us. It’s the oldest con there is: magic beans. Your chatbot is not your Jesus or your girlfriend. Your Claude instance is not intelligent. It’s a search engine for human knowledge stolen from the internet and the destruction of physical books. So please understand. You are witnessing the biggest financial bubble in all of human history based on deceptive marketing, astroturfing, and cult dynamics. You are not witnessing the birth of a new intelligence. Unfortunately, that’s a battle we’re losing.

People now think -8.5% from ATH classifies as a “correction”. People like this are doomed when real bear markets happen.

The irony here is that his pumping led to the largest malinvestment in history, which when realized, will likely destroy more US jobs than any event in US history. Jensen is one of the most prolific economic villains of all time.

Jensen is one the smartest and most far seeing folks the world. "If an AI scientist warns people that AI is going to permeate across radiology and radiologists are going to get wiped out, it might seem helpful but it's hurtful. If we convince everybody not to be radiologists and we now need radiologists, that actually is hurtful to society. "It is hurtful to convince all the young college graduates not to study software engineering because we are going to need more software engineers than ever. That's hurtful." "Scaring people with nonsensical things, which are not going to happen, that this is an existential threat, there's a 20% chance that is is existential, that's ridiculous. "That it's going to wipe out 50% of college level jobs. "That is it going to completely destroy democracy. "These kinds of comments are not helpful. They are made by...CEOS. And you become a CEO, maybe you adopt a God complex and somehow you know everything." Brutal. And right.

Average consumer gets to suffer while trump and his cronies pump assets to ATH to appease all his cronies.

BREAKING: Brent crude oil prices officially surge to their highest level of the Iran War, at $119.50/barrel. This puts Brent crude oil prices at their highest level since 2022. The IEA has called this the “biggest energy security threat in history.“

All the Joseph Goebbels MAGAs out in full force tonight to garner support for the fearless leader.

Sounds bullish