NYC visitors take midnight ‘rat tours’…

The Empire State Building. The Statue of Liberty. Central Park. Times Square. A horde of rats sprinting between an underground nest and a restaurant, squeaking and squealing as a group of tourists cheer them on. New York has never lacked for attractions, but that last one on the list is …

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Massive resistance is taking place

“Colleges and universities across the country are scrambling to find legal means of maintaining the levels of diversity they would like to see.” “Though barred from actively using race as a factor, they will still ‘see’ race in signifiers such as name, ZIP code and, perhaps most notable, what students say …

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Xi’s gotta have it…

Tencent, others begin enforcing China’s new oversight move on apps. Mobile app stores in China run by Tencent Holdings (0700.HK), Xiaomi (1810.HK) and others have started to bar app publishers from launching new apps if they do not make all the disclosures required by authorities, documents seen by Reuters showed. …

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“Strong” economic growth. LOL

Manufacturing has been in contraction for nearly a year and declining for two. Institute for Supply Management's Aug manufacturing PMI confirms sector is contracting and still signaling broader recession; new orders still falling; only 1 out of 9 manufacturing industries adding jobs; price pressures down as increasing number of firms …

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The AI Bubble is becoming awkward

https://www.bloomberg.com/news/articles/2023-09-04/jpmorgan-s-matejka-says-us-stock-market-complacency-is-worrying?srnd=premium#xj4y7vzkg Note: this is why i am currently seeking cheap valued resilient dividend yielding european stocks. h/t gewur33

BLM returns…

1. Ta’kiya Young was shot while trying to run over a cop2. There is no evidence race is a factor3. Nobody ever said Black Lives *Don't* Matter4. BLM is a grifter organization that has scammed donors out of millions5. BLM pulls this every time the Dems need a race distraction …

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Erdogan: Only 6% of ships loaded with grain were destined for African countries, so Russia has every right to be angry….Putin: Russia is ready to supply up to 1 million tons of grain at a preferential price through Turkey to the poorest countries, counts on Qatar’s help

⚡️Erdogan said he had extensively discussed the grain deal with Putin, “it played a huge role in preventing a food crisis” pic.twitter.com/IiSRU0xOuz — War Monitor (@WarMonitors) September 4, 2023 Erdogan:Only 6% of ships loaded with grain were destined for African countries, so Russia has every right to be angry. pic.twitter.com/c3OgexD2N5 …

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BURNING MAN FESTIVAL EXODUS BEGINS THROUGH DRYING MUD:

via reuters: Thousands of Burning Man attendees readied to make their “exodus” on Monday as the counter-culture arts festival in the Nevada desert ends in a sea of drying mud instead of a party around its flaming effigy namesake. Rain over the weekend turned the once hard-packed ground to pudding. …

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Latest job numbers show weakness, suggesting contraction

Is the US in recession already like Germany? Latest jobs numbers weren't encouraging at all (even before revisions). In fact, that weakness is starting to look like other significant data suggesting more than possible contraction. HAPPY LABOR DAY? pic.twitter.com/ijCik2ZYb2 — Jeffrey P. Snider (@JeffSnider_EDU) September 4, 2023 Staggering figures reveal …

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We’re witnessing another bubble…

Tech stocks have now seen their longest streak of inflows since September 2021. Year-to-date, tech funds have seen a total of $34 billion of inflows. To put this in perspective, the second largest category is consumer funds with just $4 billion. Meanwhile, just 5 tech stocks… pic.twitter.com/xFHxJcR8Du — The Kobeissi …

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