BIGGER THAN GOLD: WHEN INNOVATION OUTVALUES THE WORLD’S MOST HISTORIC STORE OF WEALTH
Source: Investorsight
America isn't retiring anymore. It's working longer than ever.
One in three Americans aged 55 and older is still working or looking for work, and that share has been climbing for nearly 40 years. The biggest change is among older workers: • Ages 65–69: participation has nearly doubled since the late 1980s, now above 30%. • Ages 70–74: from under 10% to almost 19%. • Ages 75+: participation has doubled to roughly 8%. The numbers are striking. Nearly 11.9 million Americans aged 65+ were employed last year, more than double the level of three decades ago. Between 2015 and 2024, the 65+ workforce expanded 33%, while the overall labor force grew by less than 9%. Longer life expectancy is part of the story. But so are disappearing pensions, rising living costs, and Social Security benefits that no longer stretch as far. Retirement is increasingly becoming a luxury rather than the default. Source: hedgeye
Japanese Retail Traders have now built the largest U.S. Dollar short position since the Global Financial Crisis
Source: Barchart
Massive sell-off in Asian Markets this morning (and Korea market was closed)
Over $970 billion has been wiped out from Asian stock markets today. 🇯🇵 Japan: $350B erased (51 trillion yen) 🇨🇳 China: $360B erased (¥2.6 trillion yuan) 🇭🇰 Hong Kong: $110B erased (HK$860 billion) 🇹🇼 Taiwan: $140B erased (NT$4.1 trillion) 🇦🇺 Australia: $10B erased (A$15 billion) Nearly $1 trillion has been wiped out across Asia in a single trading session. Source: Crypto Rover
China is forcing AI prices lower
DeepSeek V4 Flash costs $0.09 per million input tokens. GPT-5.5 and Claude Opus 4.8 cost around $5. That's ~55× cheaper. Source: Lukas Ekwueme
Global electricity consumption by data centers
Source: zerohedge
In case you missed it
Apple $AAPL surpasses Nvidia $NVDA as the World's Most Valuable Company ($4.92 Trillion vs. $4.86 Trillion in early hours trading) Source: Barchart
SPACEX HAS JUST CALLED OFF IT’S MAJOR TEST MISSION OF STARSHIP ROCKET AT THE LAST MOMENT
$SPCX Source: Gurgavin on X
