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

KYHBKO
08-24

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

$Cboe Volatility Index(VIX)$

$Vanguard S&P 500 ETF(VOO)$

Fed Chair Warsh Speaks Tonight — Will He Give Markets a Direction?
Jackson Hole runs August 27–29, themed "Financial Innovation: Implications for Payments and Policy," with Warsh speaking 10 p.m. Beijing on the 28th. Thursday may have front-run it: QQQ +1.37%, spot gold +1.12% to $4,649, Bitcoin +2.96% to $81,370. Equities, gold and crypto rising together is a bet on liquidity and the dollar, not on any one asset's fundamentals. With payments and digital assets on the official agenda, his remarks may land harder on stablecoins than on the indices. Does he shift the rate path — and are you watching equities, gold, or BTC?
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Comments

  • chikki
    08-24
    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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