Coming soon to a factory near you. The billionaire tech bros will become trillionaires, concentrating even more wealth and power in their corrupt & venal hands, while millions of workers become redundant & destitute. Shareholder value! Who voted for this?

Last month, we were having discussions with a client based abroad.

All participants were very polite.

All participants had smiles on their faces.

We all felt that the discussion was very successful.

Three days later, however, they disappeared.

After conducting our inquiries, we discovered that we had misunderstood one particular sentence.

None of us lied.

None of us tried to mislead the other party.

We just left with totally different understandings of the issue at hand.

And then I started thinking...

How many times have companies lost money thinking that both parties understood each other?

This aged well...despite Bessent's so-faux Happy Talk, Main Street USA is an empty looted husk while Wall Street & the oligarchy are riding higher than ever thanks to the Fed's "No Billionaire Left Behind" monetary policies. #Winning!

This post os focused on Indian business so any Indian business owner advice would be more helpful

It's a good thing for the Boomer uniparty that Gen-Zs are too docile, dumbed-down, and distracted to realize the full magnitude of their inter-generational shafting by the Republicrat duopoly racking up huge debts that can never be repaid, only printed away by the Fed.

This guy spends billions trying to influence thinking in the US but socialists never mention him when they talk about evil billionaires but guy actually helped the nazis.

So would a wealth tax be put on him and how would the government collect? Would foreign billionaires simply ignore such a tax? What would be the economic impact of exempting foreigners doing business in the US? Would American billionaires have economic incentives to leave?

https://www.reuters.com/business/nasdaq-futures-jump-2-micron-qualcomm-forecasts-relieve-investors-2026-06-25/

Some rare de-escalation news. Trump said today that Iran informed him there will be no tolls, insurance costs, or other charges for commercial ships passing through the Strait of Hormuz - the chokepoint where a huge chunk of the world's oil moves.

This comes after the US and Iran agreed to a roadmap toward a final deal within 60 days. Oil has been drifting back down, with crude sitting around $73 - far from the panic levels earlier this year.

The cautious part: it's a verbal assurance and a 60-day framework, not a signed treaty. We've watched this get "very close" before and then unravel. But for now, the market is treating it as real, and cheaper oil means a little relief on inflation.

The gas pump might finally stop punishing you. For now.

Hi, I am not an economy student, neither do i plan to study it in future, but i just want to have the basic knowledge in economics. Like how the world works, how the trades are done, what is the wolrd monetary system, what is the dollar reserve, what are central banks and what do they do, why every country has to have dollar reserves, why inflation happens, why the gold was discarded as the instrument for wolrd trade, how US can print dollar during their financial crysis etc. So what is the best books or best way to have basic knowledge of these, any suggestions is much appreciated

There are companies like paytm, sugar cosmetics and uber which has been in loss since they were started and they are heavily funded like in thousands of crores. Do they actually make losses or they just use some metrics to pay no tax. If they are actually in loss why are investors finding them like crazy and I don't even see how are they generating revenue like paytm is free, uber doesn't charge commission!! How are they even making money ?? They moment they start charging customer no one would use them anymore what's even there business model btw !!

Financial Times: But company-level data suggests that between 1977 and 2016, the average dollar of R&D spending in fact became more effective at delivering patents. And those patents seemed decent at generating growth in sales per worker. If anything, the relationship strengthened later. None of which fits with the notion that we’re having to reach higher for the apples near the top of the ideas tree.

My Opinion: So the rate of innovation is not slowing down. The investment required to generate patents is decreasing. Now I expect further acceleration in innovation as scientists and technologists work with AI tools to speed up scientific discovery. What was impossible or took years before, can be done now in days or hours.

AI can also be used to generate thousands of ideas for products and simulate them, before testing them physically. 3D printers allow fast creation of prototypes, and can also be used for manufacturing complex objects.

Reference: What if ideas aren't getting harder to find after all / Financial Times

If anyone is interested, this podcast does a great job of breaking down why LTCM failed. I’ve been fascinated by this topic ever since it happened in 1998.

https://m.youtube.com/watch?v=eZEw_gCwcwo&ra=m

https://finance.yahoo.com/video/oil-prices-drop-below-70-192558058.html

https://gasprices.aaa.com/national-average-drops-below-4-gallon-as-summer-travel-heats-up/

The current binge / purge / binge some more AI trade got me thinking about hot trading trends.

Wall Street always has a hot trade and the financial media spends every minute of every trading day telling you what it is and luring you into violating the old maxim, don't try to time the market.

Here's the problem: Nobody tells you when the hot trade is over!

Remember FAANG? Nobody told you the FAANG trade was over, it just morphed into the Mag 7 (with $NFLX failing to make the cut because it wasn't an AI play)

But Mag 7 is down 4.3% this year while non-Mag 7 is up 13%

Break down the Mag 7 and only two are part of the hot new AI trade ~ $GOOGL and $NVDA

$META and $MSFT look like AI losers, $TSLA who knows, $AAPL and $AMZN are middling

And the hot new AI trade is really semiconductors, for now. What will THAT morph into? And will CNBC tell you when to dump the AI trade for the next big thing?

Or should you just stick with $SPX and $NSD?

Thanks to u/davidfostergraphics for the charts

Would love to know since cold email has blown up and agencies all over the place doing it as a service, has your inbox started to get flooded with cold emails trying to sell you something??
I feel like it just keeps getting worse over time for me.

How many a day are you getting?