This is incredible competition from AMD. They now beat Nvidia in both speed and price for inference. They just need to catch up with robust software - with time, it looks like they will beat Nvidia in the performance/cost trade-off.
community.amd.com/t5/instinc…
That's it, switching from OpenAI to @perplexity_ai. It's simply better in my experience. Now with GPT-4 Turbo, the ChatGPT experienced has dropped for my coding tasks and an effective search for context that Perplexity leverages gives me more accurate answers.
Open your eyes, they are rerunning March 2020. Corona is gearing up again. New variant, vaccinations, lockdown, total control.
Corona + 2024 recession = epic dip in markets. Take advantage this time, do not let fear get to you. This is where you can make life-changing gains.
The only catalyst for a crypto bull run in the near future is the reopening after COVID lockdowns in the US.
- masks by October
- full lockdown like last time by December
First, we get a depressionary lockdown, then once things reopen, people go gambling
China has the upper hand, US could be forced into an ugly recession. China has enormous savings.
1) Export inflation to US by forcing spending by law
2) Pull investments out of US companies
3) Invade Taiwan
Xi playing chess, Biden sleeping, Russia+Saudi cut oil production.
These are the stocks with the highest revenue exposure to China. A Chinese depression is a death blow to US tech stocks, especially $NVDA.
The SEC is allowing Ethereum to be under an ETF but not Bitcoin? Did I read it wrong or what’s the deal?
If there is one thing to learn in life, it’s that when people point fingers at others, it’s usually a deflection of their own inadequacies.
US government and media pointing fingers at China is a great example. A real crisis is brewing in the US.
US media: Look at China’s economy lololol
US gov: Look at how much better we are than China
\*a few moments later\*
Burry puts in his shorts, crypto goes to hell, stock market finally dipping after shallow ai hype of MAFT, NVDA that held up markets
Cash is king.
Market nukes 10%. Which stablecoin is the one making problems though?
Consumers rekt before companies? They will be double rekt once earnings recession hits and massive layoffs begin.
Few reasons to stay in the market right now. Better to hoard cash.
JUST IN: Total credit card debt in the US rises by $45 billion in the second quarter to a record $1.03 trillion.
This is the first time in history that total US credit card debt crosses the $1 TRILLION mark.
Meanwhile, the average interest rate on credit card debt just hit a record 25%.
The borrowing spree continues.
Traders that think “You missed X move” are about to have a reality check when markets come crashing down after being long only.
This mentality is dangerous. Every time you try to catch a move, you risk portfolio drawdown in an uncontrolled manner.