Trump has a newfound respect for urtherance of democracy? seriously?!🤣
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il10gic
Most overrated financial theories: 1) efficient market 2) risk free rate as the cornerstone of asset pricing Central banks have run over free market.
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SoftBank’s Masayoshi Son thinks the math doesn’t support space-based data centers. on.wsj.com/4wesSqN
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Spent most of my career talking down the endless stream of unjustified oil market alarm. Now I’m acutely alarmed to the point of disbelief, the oil market is still shockingly sanguine, and I feel like this guy.
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Exactly! So we emailed and got this response. They have been using the source data despite it not meeting CPI publication standards for years but suddenly shifted when there was a large gain. A shift in source data would typically be done as part of an annual revision and disclosed ahead of time:
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An obscure methodological tweak -- a change in the source of data on the price of legal services -- resulted in meaningfully lower monthly PCE inflation in January. That's prompting questions about why the change was made and why it wasn't disclosed publicly. www.nytimes.com/2026/03/13/b... #EconSky
What the Department Of War has just made crystally clear is that they may either do massive domestic surveillance, or enact automous weapons (deployed internatinally and domestically), or both. Just think abou that. The division for national defense wants to massively surveil US citizens. WTF?!
Ed BradfordAnthropic has framed the issue well: "you can use our models for anything other than domestic spying or autonomous weapons." I am not sure how any of the other AI companies can comply without absolutely horrendous rep damage