a phrase like SAAS-pocalypse mean..

Those who are managing your money aka Wallstreet, or in general, have no clue of what's going on  .. or about cause and effect in this world; in other words, take emotional decisions, hence many tech stocks are doing a comeback with 20% jump on qe.

rates rise worldwide bring equity down

Countries/economies need to start thinking/ acting about reducing debt , rather than simply printing more, else it will cause a system wide / worldwide inflation to harm everyone

treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.

US debt has grown to 40T ...

but WS is silent .. no reaction by bond markets ..!

although has risen to 5.3%

AI and unemployment

It's like the talk of the town .. my own feeling is that it's not that AI will eliminate the jobs rather it will develop a new thought that why does a job exist or what does a person do or about their productivity that will end up eliminating the job .. there is so much slack in corporate America... yes it will lead to low jobs growth and higher corp. margin 

Happy Independence Day ...

Love Modi's masterstroke to make complete Vande Matram as National song (geet) .. which is objectionable to radical Muslims ..& it could be seen at the flag hoisting ceremony at the congress headquarters.. where Sonia and Rahul couldn't handle it .. proves a point that i have been saying that the Congress family doesn't follow Hinduism rather these characters are Muslim and have been ever since ... case  closed.

SanDisk CEO talks about a portfolio of multi year agreements .

Talking about the memory prices over several years ... really .. !