fritz01.bsky.social
@fritz01.bsky.social
Independent Trader. Futures, Stocks, Bonds, Options since 1972
Reposted
BLS this morning, with revised 2Q data: "The labor share, which is the percentage of output that accrues to workers in the form of compensation, was 52.8 percent in the second quarter of 2026, the lowest level in the series, which begins in the first quarter of 1947."
September 3, 2026 at 12:57 PM
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Another high profile resignation from leading AI company Anthropic. This is the warning to the world he wrote this evening on Twitter.

"The people building AI earnestly believe that it could kill us all by the end of the decade."
September 9, 2026 at 3:13 AM
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Why Berkshire Hathaway might be an active hedge ft.trib.al/bDfuVqe | opinion
Why Berkshire Hathaway might be an active hedge
The financial citadel is well positioned if there are market dislocations
ft.trib.al
September 4, 2026 at 6:43 PM
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It is official now: the new UN report finds we'll cross the 1.5 degree warming limit very soon. Now what?
Two months ago we described the range of plausible climate trajectories ahead in this article (open access).
In short: it's like we're stuck in quicksand, where only an active pull can free us.
We are in the Age of Humans - the Anthropocene.
Our new article (open access) shows how even with a moderate future emissions scenario, global temperature will still be elevated by 3-4°C in the year 3000!
Lifetime of our CO2 in the air is that long.
agupubs.onlinelibrary.wiley.com/doi/10.1029/...
We Are in the Anthropocene—Now What?
The Anthropocene's enormous consequences are of long-term nature, the slow pace of recovery currently under-appreciated among the public The smallest unavoidable residual emissions (e.g., from fo...
agupubs.onlinelibrary.wiley.com
September 2, 2026 at 7:46 AM
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„Fortschritt”
September 2, 2026 at 8:39 AM
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97 years ago today, ‘The Skeleton Dance’ released in theaters.
August 22, 2026 at 11:31 PM
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Wait. I. What. But.
Breaking news: Scientists in the US have for the first time used artificial intelligence to create viruses unknown in nature, a milestone that promises advances in healthcare but also raises important biosafety and biosecurity concerns. ft.trib.al/Uk6VCRG
August 6, 2026 at 8:04 PM
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Brown University has a widget that tracks the cost of the Iran war to American consumers (as contrasted to whatever the Pentagon is spending).

Per-household cost now exceeds $600.

iranwarcost.watson.brown.edu
August 5, 2026 at 12:19 AM
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July 21, 2026 at 9:23 PM
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In extraordinary news from India, a private startup full of university graduates and geeks has become the first in the world to get their rocket into orbit on the first attempt!

Only US and China have companies that can do this at all. No European company has managed this yet.
India's Skyroot launches Vikram-1 in first private orbital rocket mission
Indian space startup Skyroot Aerospace on Saturday launched the country's first ‌privately developed orbital rocket, a key test of national efforts to compete for a bigger share of the global commerci...
www.reuters.com
July 20, 2026 at 9:07 AM
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July 18, 2026 at 6:08 PM
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Good news about the cutting-edge AI tools from the $3-trillion-dollar company.
September 2, 2025 at 12:10 AM
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Jose Mujica, a one-time guerrilla and later president of Uruguay who drove a beat-up old VW Beetle and enacted progressive reforms that carried his reputation well beyond South America, has died aged 89 reut.rs/4mgpesb
OBITUARY Jose Mujica, Uruguay's former leader, rebel icon and cannabis reformer, dead at 89
Jose Mujica, a one-time guerrilla and later president of Uruguay who drove a beat-up old VW Beetle and enacted progressive reforms that carried his reputation well beyond South America, has died aged 89.
reut.rs
May 13, 2025 at 9:59 PM
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Why can’t more financial heavyweights write letters like Warren Buffett? | Opinion

https://www.ft.com/content/884880b1-28cb-4beb-8984-42126d569b30
Why can’t more financial heavyweights write letters like Warren Buffett? | Opinion
Everyone loves the annual missives from Berkshire Hathaway’s boss, but others cannot or will not replicate them
www.ft.com
May 11, 2025 at 5:03 AM
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Here's the best Americana record you've even never heard of (unless you saw me post about it a couple of years ago).

Via Oslo.

Listen to it once, it's a fascinating postmodern pastiche of Springsteen via Scandinavia.

Listen to it a second time, it's desperately sad and utterly transcendent.
Sweetheart, by Sweetheart
10 track album
sweetheartoslo.bandcamp.com
May 5, 2025 at 2:27 AM