Anybody Buying Yet? Where’s the Bottom?

[SAJ-99]

Believe I heard the other day that we are paying more for the interest on the debt than we are for the entire military, or medicare, or Social security outlays.

And rates aren’t really even that high. At least not high enough for the average American to buy a 5yr bond and feel good about it. Dip-buying in equities is the new normal. This whole thing could go arse over tit in a heartbeat. Welcome to the job Kevin Warsh.

 

[Bonasababy]

Scary stuff. Nowhere near enough regulations or safety measures in place. AI risk goes way up because of stuff like this--at least investing in individual stocks.

https://www.reuters.com/world/how-texas-student-blew-whistle-rogue-ai-hacking-attempt-2026-08-20/