(Part 4 of 5) news and my thoughts (24Aug2026)

KYHBKO
08-24 18:57

News and my thoughts from the past week (24Aug2026)

I don't know what's worse, knowing 70% of U.S. GDP is the AI bubble... Or knowing that 70% of U.S. GDP is entirely funded by private credit and retirement funds. - X user Financelot

Canada suspends trade talks with US and says it will match tariffs dollar for dollar. - X user Watcher Guru

Meta’s former engineering director is back on the stand, and his testimony is as brutal as the courtroom drawing of him. Whistleblower Arturo Bejar says Meta knew young users were being harmed at “extraordinarily high rates” but its own tracking failed to capture the real damage. He told jurors parents “would have wanted to have known” what the company knew. The case accuses Meta of addicting kids, worsening anxiety and depression, and illegally collecting data from children under 13. Source: Reuters / Writer: Julie

OpenAI's revenue grew much slower than Anthropic's last quarter, per WSJ

@TigerStars

$Cboe Volatility Index(VIX)$

$Vanguard S&P 500 ETF(VOO)$

U.S.-Iran Ceasefire Signals Emerge — Did Oil Already Price It In?
Crude −2.11% Tuesday on a Sputnik report, unconfirmed by either government, that the U.S. and Iran have agreed ceasefire terms including free navigation through Hormuz, an announcement expected in days. One part is verifiable: the U.S. Navy has cleared mines from the strait. Pressure continues: Bessent unveiled sweeping measures against Iran covering digital assets, gold, aviation and shipping. The risk premium is compressed, not removed. S&P 500 +0.32%, QQQ +0.62%, Bitcoin above $80,000 intraday. Rotate into growth on cheaper oil, buy energy on enforcement, or wait for the data?
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Comments

  • chikki
    08-24 19:53
    chikki
    I care less about the weekly headlines and more about whether VOO's fee can grind even lower over time, that compounding difference is the part I actually feel
    • KYHBKO: 
      I see. Is this your long term strategy?
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