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S&P 500 just hit a new all-time high of $7,000 right in the middle of the worst energy crisis in decades. Since 1928, this is the first time the S&P has made new all-time highs in 11 days or fewer after falling 5-10%.

S&P 500 hits new all-time high as investors shrug off Iran war oil price spike The S&P 500 hit a new all-time high Wednesday, a remarkable turnaround for the broad-based stock index while the war with Iran continues and rising energy costs threaten global growth prospects. The S&P 500 closed higher by 0.8% pushing the …

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Nvidia launches Vera Rubin AI platform at CES 2026, claims 4x fewer GPUs needed vs Blackwell and 10x lower inference token costs

Source: https://finance.yahoo.com/news/nvidia-launches-vera-rubin-its-next-major-ai-platform-at-ces-2026-230045205.html AI powerhouse Nvidia (NVDA) announced the launch of its next-generation Vera Rubin superchip at CES 2026 on Monday in Las Vegas. One of six chips that make up what Nvidia is now calling its Rubin platform, Vera Rubin combines one Vera CPU and two Rubin GPUs in a single processor. Nvidia is framing the …

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People ordering smaller pizzas and fewer toppings… Ozempic changing how we spend money and time, plus what we eat

For much of this year, business at Prima Pizza Kitchen in Somerville, N.J., was booming. On most Fridays, as many as 325 pizzas would fly out its doors, with customers frequently adding drinks and side orders. But in recent weeks, orders began to change, the owner, Jerry Carollo, said. “Before, a customer would get two …

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Massachusetts grocery stores could soon have fewer self-checkout machines under new bill

Key points: S.237, filed by state Sen. Paul Feeney, D-Foxborough, would limit grocery stores to eight self-service checkout stations. It would also require stores with self-checkout stations to have a minimum of one manual checkout station operating for every two self-checkout stations. Employees would not be allowed to manage more than two self-checkouts at one …

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Turns out cutting labor oversupply still works. Fewer undocumented workers means tighter job markets, which means pay goes up.

According to a new op-ed from the Center for Immigration Studies, nearly 1 million illegals have self-deported under Trump’s renewed enforcement push, aided by cash incentives and digital check-ins. The report ties this exodus to a measurable increase in average wages, particularly in lower-skilled sectors. via CIS: The Washington Post claims “a million foreign-born workers …

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“The fewer the words, the bigger the issue.”

The Chinese news release on the Trump-Xi phone call, which is the only confirmation of the call we’ve gotten so far, is 14 characters. As a Chinese proverb goes: 字越少，事越大。“The fewer the words, the bigger the issue.” Or if you don’t have anything nice to say, say nothing. pic.twitter.com/jOIHLK6t0B — Steve Hou (@stevehou) June 5, …

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Google researcher warns Bitcoin encryption could fall to quantum computing, study shows quantum computers need fewer qubits to break crypto security

A new study from Google’s Quantum AI team has raised alarms about the future of Bitcoin’s encryption. Researcher Craig Gidney revealed that quantum computers could break 2048-bit RSA encryption with far fewer resources than previously estimated. While Bitcoin does not use RSA, it relies on elliptic curve cryptography (ECC), which experts warn is also vulnerable …

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California post mortem — Kamala got 2 million fewer votes than Biden. ‘You don’t get redpilled overnight.’

With the dust barely settled on the 2024 election in California, the biggest political players in the state are constructing their post-mortems — determining what to make of the mixed results from the Democratic stronghold that saw a deep plunge in voter turnout. The state experienced a muted version of the rightward lurch that swept …

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Global consumer decline, low-income producers face fewer affluent buyers, growth-driven system unsustainable. Credit crisis hits 50% of Americans

The global consumer is in secular decline (with an average 10:1 spending, saving, consuming capability over low-income nation consumers) …and the global low-income nation producers will have fewer and fewer customers of means to purchase their products. Few will acknowledge that a “free-market economy” amid depopulation of consumers is incompatible with a financial system that …

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Leveraged ETFs volume on US single-stocks hits $84 billion, doubling rapidly. Fewer than 65% of S&P 500 stocks are above 200D moving average. Bulls, we’ve suffered enough of your stupidity.

So why are we at all time highs? pic.twitter.com/wxMt4agzwH — JettBlast (@JettBlast00) December 15, 2024 🚨BUY-EVERYTHING ON LEVERAGE MANIA IS A WARNING🚨 Leveraged ETFs volume on US single-stocks hit $84 BILLION last week, the most on record. This value has DOUBLED in just a few weeks as trading speculation has hit insane levels.. 👇https://t.co/CLOnsa8mwt — …

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Fewer than 2% of BTC holders control over 90% of it.

Credit to Microsoft Copilot According to data from BitInfoCharts, approximately 1.86% of wallet addresses hold more than 90% of all Bitcoin currently in circulation. This concentration of ownership can indeed influence market dynamics and potentially lead to price manipulation. https://www.techopedia.com/who-owns-the-most-bitcoin https://cointelegraph.com/news/1-percent-bitcoin-holders-btc-supply The key point to all cryptos is a majority stake that never sells unless …

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With 5 Million fewer workers in Germany in just few years who is supposed to pay for pensions and healthcare for all the new retirees?

Same story in U.S. But hey they don’t have a solid pension and healthcare system anyway. Btw pension is changing from DB to DC for this very reason. German pension system is behind and needs reform pic.twitter.com/7aT60zuYLI — Dutch 🇳🇱🧡 (@Mio_Mind) July 9, 2024 pic.twitter.com/wdzsBt4FTF — 🐒 Stephen 🐒 (@Tarzan_Stan_) July 9, 2024

UNEXPECTEDLY: Delivery Drivers Got Higher Wages. Now They’re Getting Fewer Orders.

Food-delivery apps have responded to cities’ new wage-increase requirements for gig workers by ratcheting up fees. Now, they are contending with frustrated consumers, plunging restaurant orders and an exodus of delivery drivers. Lawmakers in New York City, one of the cities where pay increases for delivery drivers recently were adopted, say that their changes have …

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Nonfarm payrolls added 272,000 jobs in May 2024, yet unemployment rose to 4% with 408,000 fewer people reporting jobs.

US outstrips expectations with 272,000 jobs added in May https://t.co/aXJ5Z4ehoT — Financial Times (@FT) June 7, 2024 Probably nothing https://t.co/Arf3av21Aj — The Macro Guy (@SagarSinghSetia) June 7, 2024 You can't make this up: First you say the economy added ~150K-200K jobs a month to a total ~500,000 in a quarter showing that everything is wonderful. …

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Philippines – Hundreds of thousands of excess deaths and a birth rate going off a cliff – a MILLION fewer babies born

Absolutely shocking data out of the Philippines presented in a committee meeting. Hundreds of thousands of excess deaths and a birth rate going off a cliff – a MILLION fewer babies born than would be expected Absolutely shocking data out of the Philippines presented in a committee meeting. Hundreds of thousands of excess deaths and …

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In the last 6 years 60% of ATMS in Australia have disappeared with fewer than 6,000 remaining. Digital cash inevitable?

Tweet reads: The reality of a cashless society appears inevitable with terrifying implications for government overreach. In the last 6 years 60% of ATMS in Australia have disappeared with fewer than 6,000 remaining. “Once the government gets control of our money and then they combine that with Medicare. When they combine that with ATO. And …

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Weak Job Growth Signals Concern: US Companies Add Fewer Jobs Than Expected in January, ADP Report Reveals

Good Morning Everyone! US companies added fewer jobs than forecast in January, according to the ADP jobs report. Private payrolls increased 107,000 in January from a downwardly revised 158,000 (was 164,000) gain in December. Nominal wage also growth continued to slow. This… pic.twitter.com/lDOZGumoP1 — Genevieve Roch-Decter, CFA (@GRDecter) January 31, 2024 Jan ADP job report …

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I wouldn’t give it twenty years. Maybe ten. Perhaps fewer.

US debt will become unsustainable and trigger default in about 20 years, if it stays on current path, per BI. — unusual_whales (@unusual_whales) October 11, 2023 The tweet is kind of incorrect. We are already unsustainable, it will become unmanageable in 20 years. h/t bareboneschicken

Credit conditions likely to worsen; Consumer confidence plummeting; Fewer are quitting their job

Credit conditions are likely to worsen in H2 2023 Commercial bank deposits have been contracting sharply, pointing to a decline in lending pic.twitter.com/L2HRt5ZT1n — Bravos Research (@bravosresearch) August 30, 2023 High bond yields imperil America’s financial stability Don't forget, $140 billion in OCE loans by these banks are required to be paid back to the …

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