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BofA: Last week (S&P 500 +1.8%, best week since March), clients were net sellers of US equities for the first time in three weeks.
It was the biggest retail outflow in 13 weeks. pic.twitter.com/OgSrMwdK7Q
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) June 6, 2023
ISM Services Prices Paid lowest since May 2020.
In the two and a half years leading up to COVID (Feb 2020), there were only three months where Prices Paid was lower than last month.
— Bespoke (@bespokeinvest) June 5, 2023
Jamie Dimon is one of the world’s most respected business leaders. Politically he is a centrist. He is pro-business and pro-free enterprise, but also supportive of well-designed social programs and rational tax policies that can help the less fortunate. He is extremely smart,…
— Bill Ackman (@BillAckman) May 31, 2023
Why AI Will Save The World
By Marc AndreessenThe era of Artificial Intelligence is here, and boy are people freaking out.
Fortunately, I am here to bring the good news: AI will not destroy the world, and in fact may save it.
🧵— Marc Andreessen (@pmarca) June 6, 2023
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