| Blog | https://adrianco.medium.com |
| Sounds | https://soundcloud.com/adrian-cockcroft |
| GitHub | https://github.com/adrianco |
| Loops | @adrianco |
In his first 150 days, Mayor Mamdani has:
- closed a $12B deficit
- collected $9M in unpaid fines from Bezos
- recovered $5M in stolen wages for gig workers
- raised minimum wage to $30/hr
- drove violent crime to record lows
- marched for trans rights
I don't ever want to hear an excuse from a single Democrat ever again. Turns out the "radical leftist agenda" is just competent representation.
Nah, there's too much Winningâ˘ď¸ to be had.
A decade ago, Mark Carney warned that leaders needed to prepare for climate catastrophe. He should take that advice
https://www.theglobeandmail.com/opinion/article-climate-change-policy-mark-carney-clean-energy/
AI Capex Trap (cont)
This equipment goes on the hyperscaler's balance sheet as CapEx, or 'capital expenditure', and is depreciated over 20 to 30 years.
But here's the rub, the equipment only lasts a couple years. These chips are obsolete long before either the loans are paid for or the CapEx is depreciated. As J. Allen says, "this is a critical mismatch."
-more-
3/
No enemies had ever taken Ankh-Morpock. Well *technically* they had, quite often; the city welcomed free-spending barbarian invaders, but somehow the puzzled raiders found, after a few days, that they didn't own their horses any more, and within a couple of months they were just another minority group with its own graffiti and food shops.
Terry Pratchett, Eric
This week's Other People's Music is a special one for y'all that like a good rock or pop song: 4 of 5 entries are song-based acts based in rock and pop idioms & there's some good tunes in there!
https://www.etherdiver.com/2026/06/05/opm-this-ones-got-tunes/
Those who prefer it weird & out there get an entry, too!
So maybe you are breathing as sign of relief tonight that your S&P 500 fund is not going to be 'fast tracked' into buying SpaceX immediately after it IPOs. But what about folks that own Vanguard Total Stock Market or Large-Cap Index Funds tracking Morningstar CRSP indexes. What about Russell Top 50, Top 200, Russell 1000 funds, FTSE All-World and FTSE World Index.
Well tough luck, your funds are still going to be buying SpaceX at the IPO price five days after it goes public.
SpaceX Must Wait a Year to Be Part of S&P 500. The Rules Wonât Change for Megacap Companies.
https://www.barrons.com/articles/spacex-s-p-500-megacap-companies-2baa838c?utm_source=flipboard&utm_medium=activitypub
Posted into Markets @markets-Barrons
đżđśđđś "not yet begun to fight"
Ron Dyck
David D. Levine
Mastodon Migration
Terrybot
Brian Marick
Ether Diver
Barron's