Josh Bodnar

youtu.be/833AGPTeqRM the dilemma the US government has gotten themselves into, a great explanation of the sovereign debt crisis.

Only 20% of people can afford to buy a home today We had a 79% increase in income needed to buy a house in SIX years. Wages increased only ~30%. Mortgage rates from 3% to 6.5%. This is why we have record low demand. This is not rocket science.

@Barchart Aren’t there also more humans alive today than ever before in history?

U.S. Credit Card Accounts delinquent by 90+ days have jumped to 13.1%, the highest level in 15 years and closing in on the highest level in history 🚨🚨🚨

@Jonathan_Blow You're making too much sense, stop it

If LLMs really made workers more productive in a general way, as is claimed, and this had been going on for a couple of years, as is claimed, wouldn’t we expect to see a boost to the economy and an uptick in consumer sentiment, rather than like, historic lows?

Stock market update: Dow - Record High ✅ S&P 500 - Record High ✅ Nasdaq 100 - Record High ✅ Where have all the bears gone?

People who just stayed the course and dollar cost averaged into the stock market instead of believing in the doomerism right now

Buckle the fuck up

@ashishps_1 I've got all of these 😄

If you want to level up as a backend engineer, consider reading these 7 books: 1) Clean Code 2) Head First Design Patterns 3) Designing Data-Intensive Applications 4) Fundamentals of Data Engineering 5) Database Internals 6) Building Microservices 7) Head First Software Architecture Which other book would you add to this list? ♻️ Repost to help others in your network

Existing home sales are already back to 2008 levels. That’s happening without a recession. No spike in unemployment. No credit crisis. No forced selling. Now imagine what housing looks like when the real economic stress begins.

BREAKING: The 10 largest US stocks now account for a record 41% of the S&P 500's market cap. This is 14 percentage points higher than at the 2000 Dot-Com Bubble peak. This means ~41 cents of every Dollar invested in the S&P 500 flows directly into shares of just 10 firms. ~35 cents of every Dollar flows specifically into the Magnificent 7 group. All while nearly 50 cents of every Dollar are now going into AI-linked stocks. Mega-cap tech is all that matters right now.

Do you think the person who lives here played it safe and worked 9-5?

GitHub just got hacked, a single VS Code extension did it. → Nx Console (2.2M installs) got hijacked, credential stealer hidden in an orphan commit → it harvested tokens from GitHub, npm, AWS, Kubernetes, even 1Password → a GitHub employee installed it → attackers accessed ~3,800 of GitHub's internal repositories → threat actor "TeamPCP" is now selling the stolen data on the dark web → the poisoned version was live for only 11 minutes before detection → GitHub confirmed it and spent the night rotating all critical secrets one extension, 11 minutes. 3,800 internal repos compromised. check your extensions right now.

All eyes on Nvidia. Today, Nvidia is set to report Q1 earnings with revenue expectations at a massive $78.8 BILLION for the quarter. That's an ~850% increase since Q1 2022, before ChatGPT was announced. Options markets are pricing-in a 7% implied move in Nvidia, $NVDA, stock. With a market cap of $5.4 trillion, markets are expecting a $380 BILLION swing in market cap. Buckle up folks.

My mum told us to go outside.

30y mortgage rate up to 6.56%

Something BIG is happening in Japan… You know what I’m talking about.

Average home price vs. average salary over the last 100 years

Equal Weight Nasdaq 100 is now underperforming the Nasdaq 100 $QQQ by the largest margin in history 🚨🚨🚨