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Here’s where I’m typing this post. It’s a picture of my back yard for this week, as I have rented a house for my family on the tropical island of Moorea. I enjoy making observations about new places, so this is going to be one of those types of posts.
I guess one of the reasons I keep harping on how terrifying it’s going to be for young graduates with C.S. degrees to find work is because I’ve got one of ’em in my own family! Hopefully the Knight specialness will kick in, and she won’t have anything to worry about. Still, I think millions of kids with very expensive degrees are going to find themselves in a world of hurt, as A.I. has usurped their opportunities.
Well, well, well. Precisely as I predicted (which was a ridiculously easy prediction), Bessent has reported Nothing But Good News from his weekend tete-a-tete with China. Seriously, what else is going to say? That there’s no way in hell he’d ever want to cut a deal with these scoundrels? Of course not. It’s all going to be peaches and cream. Thus:
At the risk of sounding morose, I’m getting the sinking feeling that the teeny yellow sliver of time, lasting only about 39 trading days, is going to be “it” for the bears. After all, the entirety of the plunge was based on the trade wars, and now that we’re in only the very earliest stages of negotiations with trading partners all over the world – – and considering the mega-rally which has taken place based on solving merely one (relatively minor) country – – it gives me pause to think of what’s next.
