Sorry, but no. Value of those assets declines more significantly because the DCF of those assets drops as a multiple of the fall in prices/profits

Except consumption in China is still growing, right? Maybe Deflation isn’t terminal after all?

From Gemini:

As a percentage of the total workforce it’s up but not crazy. (I think its about to get worse, but haven’t seen a massive AI effect in the data just yet.)

How low can he go? #Dumpster

This is below expectations and not that significant. There is a good discussion to be had in whether we should be targeting deflation, or why we haven’t seen more inflation, but this inflation falls within the orthodoxy of acceptable

I assumed you didnt want me to be Google but here you go:

This might be the meteorological equivalent of getting hammered by both the executive and judicial branches at the same time

Last five years is much bleaker.

Ask and you shall receive! :)

Friendly reminder that first-gen immigrants are significantly more law abiding than their republican persecutors