F&Ck it we ball. codex solve a maths problem for me.dont care which one. make no mistakes
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Absolutely incredible things happening on the TL:
alibaba effectively admitted to being MANDATED by their Big Guy to pivot AWAY from closed and TOWARDS open (weights)
while the US is throwing export controls around like a game of blind pin-the-tail-on-the-donkey, China is really going all in on commoditization, forcing their corps to foot their own AI bills and release the final artifacts to the public (thereby controlling public fear of walled gardens and mass job displacement while allowing their AI labs to build goodwill at the same time)
now tell me, who is the blind one in their policy strategies?
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alibaba effectively admitted to being MANDATED by their Big Guy to pivot AWAY from closed and TOWARDS open (weights)
while the US is throwing export controls around like a game of blind pin-the-tail-on-the-donkey, China is really going all in on commoditization, forcing their corps to foot their own AI bills and release the final artifacts to the public (thereby controlling public fear of walled gardens and mass job displacement while allowing their AI labs to build goodwill at the same time)
now tell me, who is the blind one in their policy strategies?
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US stocks have almost never moved this independently of each other:
The S&P 500's 6-month implied correlation is down to 0.15, an all-time low.
Implied correlation measures how closely stocks are expected to move together, with a reading this low meaning individual stocks are becoming increasingly disconnected from the broader index.
This metric has now more than HALVED over the last 4 months, when correlation was at 0.35 during the market selloff.
By comparison, the long-term average stands at 0.43, nearly 3 times the current level, while the high over this period was 0.82 during the 2020 pandemic crash.
This historic divergence highlights a market increasingly driven by a handful of mega-cap stocks, while the rest of the market trades more on its own fundamentals.
Market concentration has rarely been this extreme.
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The S&P 500's 6-month implied correlation is down to 0.15, an all-time low.
Implied correlation measures how closely stocks are expected to move together, with a reading this low meaning individual stocks are becoming increasingly disconnected from the broader index.
This metric has now more than HALVED over the last 4 months, when correlation was at 0.35 during the market selloff.
By comparison, the long-term average stands at 0.43, nearly 3 times the current level, while the high over this period was 0.82 during the 2020 pandemic crash.
This historic divergence highlights a market increasingly driven by a handful of mega-cap stocks, while the rest of the market trades more on its own fundamentals.
Market concentration has rarely been this extreme.
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“Benjamin Netanyahu will not be arrested, in any way, shape, or form, while in the United States of America. He is fighting against the Islamic Republic of Iran, which recently killed 52,000 innocent protestors, and has spent the last 47 years killing American Soldiers, and others. The only ones that should be arrested are the people that led Iran into this unprecedented SPIRAL OF DEATH AND DESTRUCTION, something that should have been dealt with years ago, by previous Presidents! President DONALD J. TRUMP”
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Footage shows part of the attack by an anti-ICE Leftist on 26 Federal Plaza in NYC, where ICE offices are
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