just incentivizes domestic coffee producers to grind harder

this is why im never leaving this website💀

Omg it’s happening

When you cut 300bp, re-start the ‘elixir’ of QE, and send spoos to 7000 all at your first Fed meeting

DEEPSEEK’S LAUNCH OF NEW AI MODEL DELAYED BY HUAWEI CHIP ISSUES - FT

meanwhile

The S&P 100 now has 27.2% of its total value in stocks that have a P/E of at least 50. There is only one company that has a P/E below 10.

INDIA IMPORTED 2M BARRELS PER DAY OF RUSSIAN OIL IN AUGUST.

#NewsAlert | "India-China now seek to move ahead," says External Affairs Minister S Jaishankar on meeting with Chinese FM Wang Yi and the key focus areas for the nations👇 Dr. S. Jaishankar #IndiaChina #WangYi

We're so back? Chamath Palihapitiya filed to launch a $250 million SPAC called American Exceptionalism Acquisition Corp. A $AEXA

Remember Scamath launched his last SPAC in April 2020. We still got like a year.

BESSENT SAYS PLAN TO UP TARIFFS ON INDIA OVER RUSSIAN OIL BUYING

Hahaha.

It is sort of amazing that a company which has seriously and publicly stumbled on two of its last really major endeavours (metaverse and AI) has also offered >300% returns to investors in the last three years

"Nothing about the future" is admittedly a very funny complaint to have about museums

We have ~100bps of cuts priced in over the next 12 months and the 10yr note remains in the exact same place The lack of transmission from front-end to back-end might be a sign this type of overt lobbying isnt very helpful. And may even be counterproductive

Japanese automakers have begun passing the costs of U.S. tariffs, imposed under Trump-era policies, onto American consumers, Nikkei reports.

A hiring freeze at Meta Platforms’ AI operations is in effect, after investors voiced concerns about the scale of Meta’s stock-based compensation costs wsj.com/tech/ai/meta-a…