Silly con valley folks sell dreams, (2025 WEF curing cancers anyone?) Bears like Zitron sell subscriptions, that dump on perceived bubbles. Neither is fit for balanced informational diet.

@bcaresearch : It's not wars that determine oil prices, but oil prices that determine the intensity of conflicts Very true, and given tacos we been getting, also UST yields... #oil

SpaceX reports earnings today, but Bernstein says "the quarterly results should not matter." Instead, analysts are focused on management's confidence in its AI and orbital data center strategy. ICYMI: Tesla does not offer completely driverless, unsupervised use yet. Waymo does.

During 22-23' inflation shock, 10Y treasury yield peaked at 5%. $IGV bottomed half yr before. We recently revisited 4.7%+. Not that far off. Why the strength? -fwd inflation expectations are tamed -peak techbro self-regulation -clearing AI tailwinds within SaaSapocalypse -..?