Absolutely true

This isn't something I would have expected from anyone in the German policymaking elite. ft.com/content/702d21… via @ft

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From ⁦Financial Times⁩ reader. It’s quite the list #SouthKorea

WOW. Most of the S&P 500 gains this year came outside the trading hours. The index has gained 23.7% in overnight trading while only 3.2% during trading days. Over the last 3 decades, overnight returns have hit 1090%, compared to only 16% gains during the trading hours. Wild.

BREAKING: Chinese hackers known as Salt Typhoon compromised at least 8 telecommunications companies, deputy national security advisor Anne N announced on a call with reporters, and “we do not believe any have fully removed the Chinese from their networks... Until they

China imposed new export controls on the US for critical minerals. Will they be effective? We're skeptical. 1/

5 yrs ago, i dropped out of high school in sweden to join a startup, with close to zero experience as an engineer. today i'm joining OpenAI as a research scientist to build agi with sora

Starlink’s giant latency advantage is the real killer. Current Starlink satellites at ~550km are ~65 times closer than geosynchronous satellites. Our next generation satellites will be at ~350km, so >100 times closer.

In socialist Norway everyone's tax returns are public. They just got published. Norwegian media proceeds to publish article about the wealth and income of people owning bitcoin and/or crypto, complete with lists, full names, birth year etc. Completely insane, putting a target

Latest 'Capital Wars' Substack on American (Dollar) Exceptionalism open.substack.com/pub/capitalwar…

Woah! They got a UAE production baseline increase delay to now start with rest of production increases. And doubled the window over which it’ll be phased in—from 9 to 18 months. Honestly surprised that they managed to get that concession from Abu Dhabi.

The S&P 500 hit record highs for the past 3 days. It also had more stocks decline than advance each day. That's only happened 3 other times in almost 100 years. Even 2 days in a row is highly unusual. $SPY

this is how disjointed EU bureaucrats are from reality >>> Denmark Receives No Bids in Largest-Ever Offshore Wind Tender (Bloomberg) Denmark received no bids in its largest-ever wind power tender, aimed to more than triple its offshore capacity by the end of the decade. The

Sam Altman announces the release of OpenAI's full o1 reasoning AI model and ChatGPT Pro, which will cost $200 a month, and allow unlimited access to o1 in Pro Mode

France is literally falling apart - there’s a lot of blackmail in all this (from all sides) but it does tell an important story: France - and the EU - are reaching a breaking point in terms of over-regulation and confiscatory taxation. That’s the jist of it. There is no

Cons Discr rose most today while Materials, Industrials, and Health Care fell most; Health Care remains in last place YTD and is up by just 6.1% … small caps got hit much harder relative to large caps, with Russell 2000 Growth bringing up rear (but still up a healthy 23% this

I am glad to say I have been able to remain on X and will continue posting here, but I have been advised to block some of my nastier followers, which I will start doing. Thanks for all the support. I really appreciate it.

1/13 Very good Foreign Policy interview of the very smart Adam Tooze. He has a real talent for identifying and explaining fundamental differences in intellectual positions without distorting the views of those he might not agree with. Adam Tooze foreignpolicy.com/2025/02/07/one…

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