(Part 3 of 4) -News and my thoughts from the past week (02Feb2026) > Ray Dalio Big Cycle, OpenAI, more
News and my thoughts from the past week (02Feb2026)
Several explosions were reported just now in Tehran and other cities in Iran. - X user Jesse Cohen
The U.S. Senate passes a bill to fund the government, averting an imminent shutdown. The legislation now moves to the House. Seems like the Government shutdown is over (for now). - X user Conflict Alarm
Ray Dalio just said the quiet part out loud. "If you depreciate the money, it makes everything look like it's going up." The Stock Market boom is a lie. We are witnessing the death of the Dollar, not the growth of the economy. 99% of people have no idea. - X user Bark
26.4% of US federal debt is maturing within 12 months, near the highest % in 26 years, according to Tavi Costa's analysis. This is about $10 TRILLION of debt. - X user Global Markets Investor
Sam Altman warns of OpenAI layoffs as "AI replaces workers." This follows reports of further layoffs at Pintrest and Amazon as "AI transitions from expansion to discipline phase." - X user Financelot
UPS to cut another 30,000 jobs in 2026 as it doubles down on turnaround - X user MacroEdge
Hundreds set to be laid off from Meta's Reality Labs division - USA Today
Nike is cutting 775 employees, primarily at its U.S.-based distribution centers, CNBC has learned. - CNN
Institutional investors sold -$9.2 billion in US equities last week, marking the 5th straight week of selling. They dumped -$8.1 billion in single stocks and $1.1 billion in ETFs - X user Global Markets Investor
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