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Degens Deteriorating
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DEVELOPING: MilkBarTV released this compilation of promising her audience "EXPLOSIVE REVELATIONS" for 282 days since Charlie Kirk's death

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πŸ‘Œ2
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WOW! Chinese sweeper truck clears roads at up to 80 km/h & vacuums up heavy debris

It even sucks up bricks on highways!

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It starts with videos like this and dominoes into literally being told by TikTok to divorce your husband with hordes of women encouraging the decision.

Why would any man sign up for such a risk?

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πŸ’―10
BREAKING: Semiconductor stocks now account for a record 18.8% of the S&P 500’s market cap.

This percentage has more than TRIPLED since 2022.

Over this period, the semiconductor index, $SOX, has rallied a massive +546%.

To put this into perspective, semiconductors accounted for less than half of their current weight at the peak of the 2000 Dot-Com Bubble.

Meanwhile, the Magnificent 7 stocks now reflect a record ~33% of the S&P 500’s market value.

Tech is all that matters.

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Fed continues to inject liquidity.

Just now, the Fed balance sheet has reached a 15-month high.

Since ending QT last December, $200 billion has been added back to the Fed balance sheet.

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Modern woman from Tik Tok reminisces on the time when she was 15 years old and grown man bought her designer bags, clothes and shoes then blocked her on Snapchat so now she’s comparing every man she dates to that man she never even met. The dating market is toast

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The leveraged loan market is heating up:

US leveraged loan funds have seen +$3.5 billion in inflows since the start of May.

These funds have now seen inflows in 10 consecutive weeks.

This follows a February-March sell-off when weekly outflows rose to as much as -$1.6 billion.

Demand is recovering as easing Iran conflict fears support risk appetite, while expectations for higher rates make leveraged loans more attractive.

Meanwhile, investment-grade corporate bond funds have seen 13 consecutive monthly inflows, with +$39 billion in inflows in May alone.

Confidence is returning to credit markets.

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More evidence, from a large-scale study in China, that using AI hurts learning if it undermines mental effort. When homework time drops due to AI use, so do test scores.

Across studies, a theme: AI tutoring in support of classes is good, using AI to "help" with homework is bad.

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πŸ’―18πŸ₯°3🀯1🌚1
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A whale just sold 800 Bitcoin and walked away $35 MILLION poorer than when they started.

They bought the whole stack near last November's top at around $107,000 a coin, held it for seven months as the price fell and finally let go today at $62,800.

Seven months is a long time to watch a position bleed before deciding you've had enough.

Whoever this was didn't get unlucky on a trade, they slowly ran out of conviction and sold at close to the worst moment they could have picked.

They're also not the only one. Over the past few weeks the biggest holders have been slowly shrinking and the people who once looked unshakable are leaving crypto for good.

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