Powell: We remain laser-focused on our dual mandates of privatizing profits and socializing losses.

I've been saying it for months: The AI hype will die. And I'm watching it happen in real time. Let me tell you something about market cycles after 45 years on Wall Strett: When everyone believes the same story, when valuations price in perfection, when "this time is different"

I kinda think if you're that impressed by AI's intellectual output you need to raise your standards a little bit

Telltale sign of AI-generated writing: Too long. Too many words. Too much detail. Too many examples. The modern mark of a human amid the onslaught of AI slop: brevity

Sandy Berger flew to Epstein Island on a flight purchased by Jeffrey Epstein in 2005, two weeks after being sentenced to 100 hours of community service after illegally removing highly classified documents from the National Archives relating to 9/11 and intentionally destroying

A great post from a man with almost double the number of years in this business that I have. He’s absolutely right, which is why I was also telling you that the AI hype got way ahead of itself and would correct significantly. And yes, I believe that there will be an actual

Me, too.

AI was always more hype than substance. Now the market will figure it out.

$MSTR

I miss the days when moloch-worshipping cannibalistic pedophiles running the government was just another crazy libertarian conspiracy theory.

"The manufacturing boom President Trump promised would usher in a golden age for America is going in reverse," per WSJ

“Try, as far as you can, to get rid of beliefs which depend solely upon the place and time of your education, and upon what your parents and schoolmasters told you… every approach towards it is a step towards a scientific habit of mind.” — Bertrand Russell

“It Will Bounce Back Anyway” – The Brutal Reality of Long-Term Investing with $MSFT, $GE and $CSCO Microsoft shares are down 17% year to date. From the ATH set in July 2025, the decline now stands at 28%. Many will think: “Nothing to worry about – it’ll bounce back anyway.” In

Can we stop pretending yet? The economy is shit no matter what sprinkles they put on it.

Omg I’m dying’ over here 🤣

Marcus Aurelius wrote this 2,000 years ago:

Truly a crying shame.

Remember how, in 2023 and 2024, "conservatives" were rightly lampooning how the BLS would consistently revise down its jobs numbers? How they kept calling those numbers fake and said it was to hide what a terrible job Biden was doing? Well, the BLS revised down the 2025 jobs

💯

Watching older live performances is a stark reminder of how much the bare minimum floor for “professional musician” has collapsed over the last decade or two. Chris Cornell famously said: “A true musician should be able to walk into a room with nothing but an instrument and