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Degens Deteriorating
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There is literally zero incentive to work if you’re a homeless person in California

This is the brand new $9 million dollar luxury apartments of Melrose in Los Angeles

There apartments are nicer than 90% of the apartments that people who work full time with 2 jobs can afford, they even have a rooftop area with planters and a great view

I looked more into these apartments, and yes they are FREE if you don’t work. Taxpayers pick up the tab

Many residents pay $0–$50 per month, often $0 if on SSI disability. Housing vouchers and subsidies cover the rest

Amenities: include rooftop decks, planters, modern finishes, and views

A person who is homeless can access brand-new, high-quality housing with minimal or no work requirement.

Meanwhile a working person in LA often faces one-bedrooms renting prices of around $3,000+ per month for something comparable to this

This model prioritizes β€œhousing as a human right” but it’s only a human right and free if you’re a drug addict who didn’t follow the rules

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Google has hidden thinking traces on the Gemini site. You have to use the 3 dot menu to pull up summaries, which are so minimal as to be unusable.

Did it do web searches? Did it check results? You can't tell. This makes Gemini unsuitable for any serious work you need correct.

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This is unusual:

The S&P 500 has now seen 29 trading days where the index moved opposite to overall market breadth, the most through the first 93 trading sessions of any year on record.

In other words, on many days when the S&P 500 closed higher, more stocks actually finished lower than higher, and vice versa when the index closed down.

This is also the 2nd year on record with more than 20 such sessions through this point in the year.

This comes as only 10 stocks have accounted for ~70% of the S&P 500’s 16% gain since the March 30th bottom.

At this pace, the market will experience 79 sessions like this until the year ends, setting an all-time high.

By comparison, the current full-year record is 57 trading days seen in 2024 and 2025.

A handful of tech stocks are driving the entire market.

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ELECTION ALERT: Georgia Secretary of State Brad Raffensperger is trailing in LAST PLACE in the four-way GOP gubernatorial primary, pulling just 4% in early returns

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It’s been revealed Tempe’s Democrat-led city government spent over $2 million on a seven-letter β€œMill Ave” sign, with each letter costing $285,000 under a contract awarded to a firm closely tied to the Democrat mayor

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I ran the calculations.

At this rate, Virginia will cease to exist in 42 years.

(stay positive)

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Neat new survey:

Reasons doctors cite for no longer practicing medicine.

The top reasons are that it's stressful, that it's a hassle, and that patients have unrealistic demands.

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