
David Merkel
@AlephBlogDM
The two main goals: teaching investors about better investing through risk control, and tying all of the markets into a coherent whole.
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European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines bloomberg.com/news/articles/… It's a long shot, but worth a try. Sadly, Russia picks up land from Ukraine, but Putin's nation paid a very high cost to get it.
Cohere CEO Aidan Gomez said the AI startup hopes to make its public market debut “soon,” in what would be one of the first IPOs from an AI model maker bloomberg.com/news/articles/… If it does go public, it will give us an interesting data point for valuation purposes.
A growing group of critics say we’re in an AI bubble. Is it true? If so, how would we know? bloomberg.com/news/articles/… Revenue from end-users must increase dramatically to justify the capex. The deals between AI-related companies produce no net revenue for the industry as a whole
Global investors who poured billions into China’s property market are now staring at steep losses and fears of a "lost decade" bloomberg.com/news/features/… Foreigners bought high, and are selling lower, fearing that prices might go lower skill.
Dan Neil has seen the future of privately owned, solo-piloted aircraft, and its name is the Pivotal BlackFly. wsj.com/lifestyle/cars… Range of 20 minutes. Max speed 55 knots (63 mph). Relatively unregulated at present.
A policy meant to empower poorer Black South Africans has instead enriched elites connected to the ruling African National Congress, critics say, as support for the party dwindles wsj.com/world/africa/c… Crony corruption replaces Apartheid. Poor blacks less well-off.
Stolen Louvre treasures are uninsured, France says ft.com/content/e8fb09…… It is very difficult or prohibitably expensive to insure unique items
Some Amazon delivery contractors say they’re ready to quit amid dwindling profits related to rising costs and the company’s performance metrics that determine how much they can earn. bloomberg.com/news/articles/… $AMZN does not pay enough.
Small businesses challenging many of Trump’s global tariffs urged the US Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies bloomberg.com/news/articles/… "Regulating importation" does not mean tariffs but embargoes
Ted Cruz said that GOP must take seriously the surge of political energy across the country after millions of people turned out for “No Kings” protests over the weekend opposing President Trump’s agenda bloomberg.com/news/articles/… Unlikely that Dems win Senate; likely they win House
China’s dominance of rare-earth minerals was decades in the making wsj.com/economy/trade/… China outwitted the US a number of times in the last 35 years. Still, free societies will in general beat autocratic societies. It is just a matter of time.
From viral videos to screaming clients, inside the historic squeeze that's gripped the global silver market bloomberg.com/news/articles/… Scary for those who were short silver. Significant demand for silver in Indian investors, and gold for China's Central Bank.
Immigration Agents Have Held More Than 170 Americans Against Their Will, ProPublica Finds propublica.org/article/immigr… This bodes poorly for all of our civil rights.
Rarely if ever has a US administration been so confused and at a loss about what it wants from China, and how to get it, says @andreaskluth bloomberg.com/opinion/articl… If we have 5 years, we can catch up to China in rare earth metals. The problem is refining.
Inside the US race with China to ramp up its submarine power. “We need a transformational improvement and the ability to deliver twice the capacity we’re currently delivering.” bloomberg.com/news/features/… As with the rest of our military readiness, it is not looking good.
Global insurance losses from natural disasters have topped $100 billion in 2025 bloomberg.com/news/articles/… Light hurricane year though. Remember the scary predictions of a tough 2025?
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