BTC below 60K and GC below 4K

why the investors are drinking the coolade investing in AI debt ..?

Because they.are spoiled with returns in technology and other markets which are driven due low interest rates in last 20+ years .. going forward rates will stay high and the funds invested at these rates may not be as lucrative as in past 20 years.

Moreover, a good chuck of the debt is funded by private equity which always chases new stuff.. remember the term venture debt used during late dot com period by companies like WebVan.com

another legend Alan Greenspan died today at the age of 100

Warsh created a great first impression [on me] ..!

Kudos to him and a great start on the new job .. with the shortest statement possible.. and giving up on providing forward guidance .. direct approach to answering people's question ... telling the geniuses in the room that half of their questions are ridiculous [of course in a nice way!]. So the reporters used their second serve cautiosly .. which will improve the quality of these conf. in future.

dots .. dot plots .. statements .. news conference .. everything is on the table ..!

He made an excellent point that rather than looking for guidance from FOMC, market should react to data available and FOMC should react to market's response to data .. and i love his approach and sequencing of steps in decision making ..!

finally, he says that inflation is a choice .. and i agree.

BRK invests additional $10B in GooG stock ...

And GooG issues new stock to generate $80B to invest in AI buildup ..  now that's smart .. but who's?

walk on the strip after a long time

Supreme Court rules 6-3 against Trump Global Tariffs ...

 ending a misery of last 1Y