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Degens Deteriorating
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BULLISH: $1.3 Trillion Morgan Stanley Global Investment Committee recommends allocating 2–4% of client portfolios to cryptoc and says Bitcoin is a scarce asset, comparable to digital gold

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The US manufacturing sector remains under pressure:

The ISM Manufacturing Index came in at 49.1 in September, marking the 7th straight month of contraction.

The manufacturing sector has now been in a contraction for 33 out of the last 35 months.

New orders declined -2.5 points, to 48.9, marking the 7th month of contraction this year and reflecting softening demand across the sector.

The Employment Index rose +1.5 points, to 45.3, but remained below expansion for the 8th-straight month.

Meanwhile, prices paid fell -1.8 points, to 61.9, posting the 3rd consecutive monthly decline.

US manufacturing needs help.

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A Nation of 160 million Whites walked on the moon alone. The power and glory of a Nation isn't the big line

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Fear&Greed has jumped up to the upper edge of bad

Not quite, but almost back into good territory

(Neutral = bad, if you calibrate it properly)

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HOLY CRAP

Chicago police were ordered NOT TO ASSIST ICE when they called for help while surrounded by throngs of violent, dangerous rioters

.JBPritzker any comments??

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This is incredible:

Venture capitalists have poured a record $192.7 billion into AI startups YTD.

This puts 2025 on track to be the first year where more than 50% of total VC dollars flow into the AI industry.

In the US, AI’s share of venture deals has surpassed 60% over the last 12 months.

That percentage has TRIPLED since the 2020 pandemic.

Overall, VC funding has reached $366.8 billion so far this year, with a major share coming from the US, at $250.2 billion.

The AI revolution is growing exponentially.

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American is on Broadway in Nashville, Tennessee. Vehicles full of Muslims are driving around shouting in Arabic with Islamic Flags

β€œWe’re on the strip in Broadway and there was vehicles going up and down Broadway and they had flags, Islamic flags, and they were all dressed in the black with the red thing and they were all yelling in like a different language that we didn't understand and it was so unnerving. It was so unnerving”

β€œThey're going up and down. They're honking their horns. They got this flag outside, and it was really weird β€” driving around, yelling chants and have their Islamic flags”

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