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On today’s show, we discuss:
- The Doomsday Scenario for AI and Jobs
- Something Big Is Happening
- Dario Amodei — “We are near the end of the exponential”
- Wealth Manager Stocks Sink as Traders Flee Next AI Casualty
- Gen Z, Locked Out of Home Buying, Puts Its Money in the Market
- Older Americans power a gray-shaped economy
- Work Less, Play More, Live Longer
- The CEOs of Kalshi and Polymarket Are Betting On the Most Hated Experiment in Business
- Thousands of Amateur Gamblers Are Beating Wall Street Ph.D.s
- The Millionaire Next Door
Listen here:
Charts:
Recommendations:
Tweets/Bluesky:
1 in 5 businesses on Ramp now pay for Anthropic. A year ago, it was 1 in 25.
Latest Ramp AI Index shows Anthropic surged from 16.7% to 19.5% of businesses while OpenAI slipped to 35.9%. The natural question: is Anthropic winning at OpenAI's expense?
I think popular analyses… pic.twitter.com/Vzy9Z4fYsB
— Ara Kharazian (@arakharazian) February 11, 2026
Wild market. We haven't seen anything like this since the dotcom bubble burst.
Over the last 8 sessions, 115 stocks in the S&P 500 have decline 7% or more in a single day.
The average drawdown when that happens is 34%. Right now we're 1.5% below the all-time high. pic.twitter.com/SDy5kAXzGp
— Michael Batnick (@michaelbatnick) February 12, 2026
Here's a look at the Nasdaq 100's action in the year leading up to and the year after its March 2000 peak versus its actin in the year leading up to its 10/29/25 peak. $QQQ pic.twitter.com/qKZPbHqAES
— Bespoke (@bespokeinvest) February 12, 2026
US vs World ex-US … worst start to a year in decades @augurinfinity pic.twitter.com/eXlBiJJYN0
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) February 14, 2026
The average stock reporting so far this earnings season has moved 5.2% up or down, the biggest post-earnings move since at least 2012–Citi pic.twitter.com/Avh8yKzn1V
— Gunjan Banerji (@GunjanJS) February 11, 2026
This chart is for all the folks who couldn’t understand my post (below) a couple of days ago because, you know, words… https://t.co/tzFJFYFGZr pic.twitter.com/UMxX8ckOGS
— Kalani o Māui (@MauiBoyMacro) February 10, 2026
BREAKING: Japan’s 30Y Government Bond Yield surges to a new record high of 3.52%.
At what point does something break? pic.twitter.com/tfVsGsPTcN
— The Kobeissi Letter (@KobeissiLetter) January 7, 2026
OOPS! The slump in Japanese bonds deepened, sending yields soaring to records as investors gave a thumbs down to PM Sanae Takaichi’s election pitch to cut taxes on food. Japan's 30y yields rocketed 26bps towards 4%. pic.twitter.com/NzsbWQhnXV
— Holger Zschaepitz (@Schuldensuehner) January 20, 2026
The truth about millionaires in America:
-Half have less than $2M in net worth (and less than $340k in liquid assets).
-Most are NOT business owners.
-Almost all are house/401k rich but cash poor.Is this what you expected? pic.twitter.com/mBwNgOOZp0
— Nick Maggiulli (@dollarsanddata) February 12, 2026
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