The market represents the big incumbents with a line to the White House. As policy tilts toward crony capitalism, they're offered a carveout-for-compliments deal. Main Street gets no such deal.
Result—Weak economy yet strong stonks
The market represents the big incumbents with a line to the White House. As policy tilts toward crony capitalism, they're offered a carveout-for-compliments deal. Main Street gets no such deal.
Result—Weak economy yet strong stonks
1. The Fed is projecting GDP growth of 1.4% this year
2. Nearly every time growth has slowed to this rate, the economy stalls, and a recession follows
1. The Fed is projecting GDP growth of 1.4% this year
2. Nearly every time growth has slowed to this rate, the economy stalls, and a recession follows
This chart shows only the tax cut side of things, and they only find the rich. The spending cuts, which are separate, somehow only find the poor.
This chart shows only the tax cut side of things, and they only find the rich. The spending cuts, which are separate, somehow only find the poor.
(this is an Anthropic employee talking about Claude Opus 4)
(this is an Anthropic employee talking about Claude Opus 4)