The gap is not getting smaller, and in practice is much larger than bench let you believe

Not specifically an issue with Chinese models benchmaxxing, it's the same for Grok, or even 5.6 Luna or Opus etc vs the real frontier

Imperative to show china is not isolated ahead of the summit and after the 19-1 vote at G20 on Iran

Everybody is getting squeezed, so far in the west it has rewarded asset owners but now workers and middle class have nothing left and the debt are immense. How much more can they be squeezed without touching the wealth of the top 10%?

U want more?

Correct assessment

BREAKING: President Trump is having private discussions with senior aides about potentially declaring the Iran War over, per WSJ.

Aides are reportedly advising President Trump that an escalation of the war beyond recent strikes could cost Republicans the midterm elections.
(@TheKobeissiLetter)

Now the ball is in Iran court, if they don't find a way to get oil prices even higher (the higher the merrier) they are taking a risk that Trump can win the midterms

Trump has the upper hands but he is not the one who decide what happens next

i hope he does it because it will the best chance to go very fat in oil, the situation is becoming increasingly dire and trump has not choice but to fully withdraw (which I won't think he will ever do) or come back harder later

Nice price action, only 12 more days of that

the more an asset pump or dump into FOMC the better the RR to take the opposite side

I'm sure he won't be able to stop himself from trying to get oil price down before midterms this way or another

I did and I will double the put spreads I sold again, not the calls

Signs of a short end to the war

I wouldn't discard the possibility of Trump being dumb enough to think he couldn't survive one week without his golden toilet and extanding the reasoning that Iranian will not tolerate living hands to mouth a lot longer

I'm so tilted by gold

I think if it revisits the lows it's not a buy and chasing here is madness

Maybe punting on btc instead?