The S&P 500 capped off a middling month in June 2026, but had a stunning 2nd quarter, up 14.87%. Rising earnings helped, and the equity risk premium for the index stood at 4.17% over the 10-year treasury rate.
Number three, I think it would be really materially helpful if the power of the most powerful super intelligence was somehow capped because it would address a lot of these concerns.
the shift from 50th to 99th percentile earnings has no negative effect on women’s fertility, and unearned income for women has a neutral-to-positive effect
if we if if today PEs were 15 as opposed to 23, I say that's a lot less risk. A lot less to fall and you have some upside. I would say at 23, there's not a lot of upside and there's a long way to fall.
Well, everyone always says, the few were the last line of defense against the Nazi hordes and all this kind of stuff, and it’s all rubbish. They’re the first line of defense.
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