Independent thinking for complex markets and current events
Quantum computing has crossed the threshold from concept to threat. The foundation that made encryption viable for decades is now mathematically exposed. It’s not about stronger chips. It’s about unbreakable codes becoming breakable. For the first time, logical quantum operations designed to bypass classical protections are no longer hypothetical. They’re executable. The firewall separating conventional …
NEW: Purdue students demolish the Guinness World Record for fastest Rubik’s cube-solving robot, solving the puzzle cube in just 0.103 seconds, faster than the blink of an eye. Insane. The previous record was set by Mitsubishi Electric engineers in 2024 in Japan with a speed of 0.305 seconds. The team says they can probably go …
via notayesmanseconomics Events in the economic world continue to move very quickly. I note that at some point over the weekend President Trump responded to an issue I raised last Tuesday. Smartphones and several other categories of products will be exempt from sweeping tariffs imposed by the Trump administration earlier this month, a filing showed late Friday. …
Bill Ackman sees the freight train coming, and he’s stuck on the tracks. The billionaire hedge fund manager, usually composed in the face of volatility, is openly spooked this weekend. You don’t see that often. But what’s unfolding isn’t just market noise. It’s a tectonic shift in policy direction with teeth, and no indication of …
Three American children struck by lightning on a beach in San Juan, Puerto Rico. The kids were huddling together in the rain. All three are still alive, with one in critical condition.pic.twitter.com/8Xv89SZ4i6 — Citizen Free Press (@CitizenFreePres) May 29, 2024 Authorities reported that the lightning strike happened on Monday, causing serious injuries to the children. …
The Fall in Home Prices May Already Be Over. Scarcity is a big reason. High interest rates have prompted homeowners to stay put rather than buy new homes and take on more expensive mortgages, resulting in an unusually low inventory of homes for sale. Many potential home buyers have given up their search because mortgage …