Incredible. One of the most crucial links in the supply chain, has been for years, built on the premise that some workers would provide labor for free.

Wow, check out the timing of the text that California sent out to the public, and then the moment that electricity consumption in the state started to roll over.

Instagram is putting a context warning label on memes that connect inflation to corporate greed (HT: @IolaElla )

1997: World's best human chess player gets destroyed by computer. 2017: World's best chess computer gets destroyed by Artificial Intelligence program that had only learned about chess a few hours earlier.

A dimension to this story that we can’t forget. Many of the leading folks in the industry that now wants Powell to step up and protect them spent the last 5 years telling lies and breeding cynicism about the Fed as pretext to sell cryptocurrencies to retail bagholders.

Horrific economic toll. 3.2 million initial weekly jobless claims in one week. Previous crises and recessions are barely a blip on this chart.

OH. MY. GOD.

Oh my. Some Silicon Valley startup was set to announce layoffs today. But it had to cancel the announcement, because the SVB collapse means it currently doesn't have the money to offer severance

Goldman predicts that over 2 million people are going to file for unemployment benefits this week. You can barely see the 2008 crisis on this chart!

BREAKING: JOBS REPORT OBLITERATES EXPECTATIONS 528K new jobs. Unemployment rate drops to 3.5%, wages accelerate to 5.2% YOY Economists had expected 25K new jobs and the unemployment rate to hold steady at 3.6%