The S&P 500 has returned an average of 11% per year since 1950 and has done so despite an average intra-year drawdown of 14%, and often drawdowns that are much worse

Would love to see more US and European companies making open weight AI LLMs

The Interest Expense on US National Debt rose to a record $1.22 trillion in the last 12 months, more than doubling over the past 4 years

I expect to see progress on trade talks between the US and China over the coming weeks. Strength in exports have helped to keep the Chinese economy afloat, so there is a rather strong motivation to find a path forward where trade relations can normalize