Archive
💰 5 Fact Friday: California’s $100B Insurance Gap
The wildfires in Los Angeles are projected to rack up $40 billion in insurance losses, with the total bill nearing $150 billion. That $100 billion gap between insured damage and actual damage will hit one of two groups: homeowners or taxpayers.
Daniel Anderson
đź’° 5 Fact Friday: Quantum Computing Gets A Reality Check
On Wednesday, Nvidia CEO Jensen Huang declared that “very useful quantum computers” are likely 15–30 years away. His words triggered a quantum stock sell-off, with Rigetti Computing (-45%), IonQ (-39%), and D-Wave Quantum (-36%) bearing the brunt of the fallout.
Daniel Anderson
đź’° Maniac Minute: The Power of Endless Breadsticks
Even though last week’s trading screens looked redder than Santa’s suit, we got some sweet gifts: PCE inflation dipped to 2.4%, Q3 GDP growth popped to 3.1%, and Congress finally squeezed out a deal to keep the lights on till March.
Daniel Anderson