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Degens Deteriorating
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Polymarket odds give Trump a 71% chance of deporting only 400-500k illegal immigrants in 2026 and only a 16.2% chance of deporting more than 500k

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How that first negroni hits after a long day of doing nothing

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Messi according to brown muslims/

Messi according to white leftists

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β€œWe are trained Marxists.”

β€” Patrisse Cullors, founder of BLM

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Shocking stat of the day:

The Memory ETF, $DRAM, has surpassed $25 billion in assets under management (AUM) for the first time, officially overtaking the 26-year-old South Korea ETF, $EWY, despite launching on April 2nd.

This comes as $DRAM has attracted a record +$22 billion in inflows since its debut.

Over the same period, $EWY has posted -$2 billion in outflows.

To put this into perspective, before $DRAM launched, $EWY had attracted +$6 billion in inflows in 2026.

Prior to $DRAM, investors largely used $EWY as the international proxy for memory stocks.

Today, these two ETFs still carry a 46% overlap in underlying holdings.

The memory trade has never been more popular.

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BREAKING: The Fed is now officially blocked from issuing a CBDC until 2030.

A provision buried inside the 21st Century ROAD to Housing Act prevents the Federal Reserve from creating a CBDC or similar digital currency without congressional approval.

Stablecoins like $USDC and $USDT remain unaffected.

A major win for the crypto industry.

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Does anyone else find it disturbing that so many Aussie feminists are β€œfree bleeding” in public pools when they have their period?

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Big tech is resuming market leadership:

The proportion of Nasdaq 100 stocks trading at least -20% below their peaks is up to 48%, the highest since the February-March selloff.

This percentage has doubled over the last 12 months, though it remains below the 60% recorded before the late-March market bottom.

By comparison, during the 2022 bear market, this metric surged to as high as 80%.

This comes despite 64% of Nasdaq 100 stocks still trading above their 200-day moving average, near the highest reading of the year.

To put this into perspective, only 38% of index constituents were trading above their 200-day moving average before the market bottomed on March 30th.

The rally is becoming increasingly dependent on a shrinking group of stocks.

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