Unbelievable. 3 hours later and the 10Y Note Yield is now above 5.20% for the first time in 19 years. The 10Y Note Yield is now up +50 basis points in 30 days and +30 basis points in 2 days. Even more remarkable is that the average American has no idea this is happening. Yet. The bond market is imploding in front of our eyes.

Home Alone, but instead of Catherine O’Hara, it’s Lindsay Clancy.

The first two ingredients in Hidden Valley Ranch are vegetable oil and water. Buttermilk is third, sugar is fourth. What makes it taste like ranch isn't the buttermilk. It's monosodium glutamate plus disodium inosinate and disodium guanylate, three savory enhancers that work together. Then phosphoric acid for tang and xanthan gum to hold the oil and water together so the bottle doesn't separate on the shelf. That's the same flavor system that goes into chip seasoning and bouillon.

BREAKING: I just signed an EXECUTIVE ORDER to dramatically accelerate independent oversight of AI companies and advance the creation of an “AI kill switch.” With Donald Trump and Congress failing to lead, California is stepping up to keep all Americans safe.

An unreleased Astra-family model added this to its persona during RL training.

TODAY WAS ABSOLUTELY INSANE IN THE STOCK MARKET. Here’s everything you need to know: 1. The Fed delivered its first rate hike in three years, lifting the funds rate 25 basis points to a 3.75%–4.00% range. 2. The vote was unanimous, and Chair Kevin Warsh said inflation "is too high and has been for too long." 3. Stocks were green into the 2 p.m. decision, then sold off hard once Warsh’s hawkish press conference landed. 4. The dot plot showed most officials expect at least one more hike this year, so this was not sold as a one and done. 5. The Dow took the worst of it, dropping 631 points as financials, energy, and transports got hit. 6. $NVDA, $DELL, and $INTC finished higher as chips bounced even while the broader tape cracked. 7. The 2-year yield jumped after the announcement, and the dollar extended its winning streak. 8. Warsh refused to give forward guidance, saying he is "not in the forward guidance business." 9. President Trump criticized the hike, putting the new Fed chair immediately at odds with the White House. 10. The S&P 500 fell 0.4%, the Dow dropped 1.2%, and the Nasdaq was basically flat. And that’s just ONE trading day. Are you ready for tomorrow?

"the market should price the chance, though very small, of a 50 basis point move tomorrow" - Scott Skyrm, Curvature

If Warsh doesn't hike tomorrow, JPMorgan expects S&P to drop 1.25%-1.75%

A Massachusetts family says the state took custody of their teenage daughter after they refused to affirm her as a boy, citing their Catholic faith. The parents allege a school counselor socially transitioned their daughter without their knowledge, then reported them to the Department of Children and Families. Now the state has guardianship, and a restraining order prevents the teen's parents and older brother from contacting her. A judge has temporarily blocked the state from administering high-dose testosterone as the family fights the case. The next court hearing is set for Oct. 29. | @LaurenGreenFox @AmericaNewsroom

have been gone all day come home to X and see that all the tech leaders woke up this morning at the same time and decided to tell us that the trillions of investment into AI we’ve made will lead to the end of humanity can they please fix the auto-email complete feature before they stop progress because right now AI can’t even respond to basic emails so that’d be nice before humanity is destroyed

He is literally having a temper tantrum! 🤣 🐂 Bull: This house is a prison! 🫏 Donkey: On planet bullshit!🤣