Markets, Meditations, and Mental Models

Brief: Meta flips AI scarcity narrative


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New Fed Chair Kevin Warsh told the world's central bankers he is done managing their expectations, and the bond market heard him: the 10-year climbed roughly 3 basis points to 4.47%. The same morning, ADP printed +98k (a miss) and ISM manufacturing prices paid collapsed from 82.1 to 73.0, meaning Wa
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Markets, Meditations, and Mental ModelsBy Cosmic Trex