vanko

🚨BREAKING: European Commission confirms its website was breached after a hacker said they stole more than 350GB of data. The hacker plans to publish it online.

BREAKING: Trump says that Cuba is next

The Fed's worst nightmare is materializing in front of our eyes. What is often overlooked is that the Fed primarily controls demand-side inflation, not supply-side inflation. In other words, it can influence how much people borrow and spend, but it cannot directly increase supply, like producing more oil. This means that in the case of a supply-shock, as we are seeing now with energy prices, the Fed often has to overcompensate on the demand-side to contain inflation, and vice-versa. During the pandemic in 2020, this meant effectively cutting interest rates to zero, as lockdowns triggered a sharp collapse in demand alongside widespread supply disruptions. With oil and gas prices skyrocketing, our models suggest US CPI inflation is set to rise toward 3.5%, or 150 basis points above the Fed's long-run target. In a vacuum chamber, this means the Fed should tighten policy and theoretically hike rates. However, the issue becomes the fact that the US labor market is objectively at its weakest point in years, and it has not improved despite recent Fed easing. Therefore, if the Fed hikes interest rates now, the US is positioning itself for a full-blown labor market crisis. On the flip side, if the Fed does not tighten its policy stance, US CPI inflation could potentially even exceed 4.0%, depending on how long the Iran War persists, and how long the post-war recovery takes. In a sudden turn of events, the Fed is now forced to pick between 3.5%+ inflation or 5.0%+ unemployment. The Fed is in a very bad spot.

Iran will lose war, U.S. will declare victory. Oil will drop to around $60/barrel. The Dow will surpass 50,000. The S&P 500 will surpass 7,500. Interest rates will be cut 3-4 times. The 10 year interest rate will fall. Unemployment will drop below 4%. Republicans will win mid terms.

To manage growing demand for Claude we're adjusting our 5 hour session limits for free/Pro/Max subs during peak hours. Your weekly limits remain unchanged. During weekdays between 5am–11am PT / 1pm–7pm GMT, you'll move through your 5-hour session limits faster than before.

i know friends who made more than 10 million dollars in ai meta and are down to low six, high five figs and are fighting demons quietly It's a brutal game..

*FANNIE MAE TO ACCEPT CRYPTO-BACKED MORTGAGE: WSJ: BBG

To manage growing demand for Claude we're adjusting our 5 hour session limits for free/Pro/Max subs during peak hours. Your weekly limits remain unchanged. During weekdays between 5am–11am PT / 1pm–7pm GMT, you'll move through your 5-hour session limits faster than before.

JUST IN: European Parliament votes in favor of deporting illegal migrants to "return hubs" outside the European Union.