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Degens Deteriorating
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President of El Salvador, Nayib Bukele, shares more footage highlighting the transformation of his country’s streets and buildings.

β€œPhilosopher King is the concept that a leader should be a philosopher before he is a king…” he previously said during an interview.

β€œIt describes someone who meditates on all angles, analyzes every possibility within a decision, and asks, β€˜What is the best decision I can make for the people I serve?’ In my case, that would be the Salvadoran people.”

β€œThe decisions, or at least what I aspire to, are not based on what is most popular or what offers the fastest return.”

β€œInstead of, β€˜What is best for me personally or our political movement?’ the question is, β€˜What is in the best interest of my people and the future of my country?’”

β€œThat way of thinking, analyzing, questioning, and philosophizing before making a decision is a style of government.”

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BREAKING: Oil price hits $106 as Iran strikes more crude oil carriers

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A new court filing argues that the bullet that killed Charlie Kirk did not match the rifle allegedly used by suspected killer Tyler Robinson.

Robinson's defense attorneys now argue that the ATF (Bureau of Alcohol, Tobacco, Firearms, and Explosives) β€œwas unable to identify the bullet recovered at autopsy as having come from the rifle allegedly tied to Mr. Robinson.”

Robinson is facing capital murder charges and a potential death sentence for Kirk’s murder at Utah Valley University on September 10.

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JUST IN - Trump shares a rendering of the Donald J. Trump Presidential Library, to be constructed in Miami

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Bearish sentiment is through the roof:

Median short interest in Russell 3000 stocks is up to 4.3%, the highest in 15 years.

This is now 1.0 percentage point above the 2022 bear market levels.

At the same time, short Interest in the energy sector ETF, $XLE, is up to the highest since the 2008 Financial Crisis.

Short interest in the sector has DOUBLED over the last few weeks, posting its most rapid jump this century.

All while put options volume in the S&P 500 ETF, $SPY, surged to 8.6 million contracts, the highest since "Liberation Day" in April 2025.

Conditions are ripe for a short squeeze.

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Redditor with 8 β€œgaslighting” prompts for LLMs that deliver β€œbetter results”

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Compute Wars: OpenAI vs Anthopic.

Why was Opus 4.5 such a breakthrough? Anthropic got lots more compute from AWS Madison and New Carlisle sites likely more than doubling their capacity.

This got Anthropic got close to OpenAI's total capacity, and probably much higher effective capacity available for new model runs.

Remember that it takes 6+ months between getting capacity and releasing the model, so the extra OpenAI capacity might be aligning well with the 'spud' model rather than GPT-5.4.

Unless something dramatic happens, OpenAI will pull away in terms of compute available in H2 2026, but 2027 will be close. Future years are less certain but so far OpenAI has much higher planned capacity, though can't imagine Anthropic isn't pushing as hard as they can to get lots more compute.

Always watch the compute, other things matter, but any new capability breakthrough probably came from throwing more compute at it.

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