Jared Lechner

Things in motion tend to stay in motion especially in this market that hangs onto a narrative like a pitbull when it finds one. The current theme seems to be oil back to Earth and SpaceX to the moon (too easy). Confidence is building on both fronts, with hopes the long-promised end to the war with Iran is coming to fruition, and the valuation on the space tech company is apparently infinity. But not everything held true to course, the Nasdaq and its ilk taking a much-deserved breather after rea…

As if the week wasn’t chock full of market-moving goodies as it was, the frontier models said, ‘hold my beer.’ Specifically, OpenAI after a bombshell report suggested they must, you know, make money to justify those trillion-dollar data center bills. Suddenly, the AI Halo turned into an AI headache, and this became a helmet on market today. Truth be told, tech has been on an absolute heater. So given the run of late and bombastic headline, while the moves in a vacuum were a bit unsightly, the m…

“a whole civilization will die tonight”

Baby steps…like, the very first steps a baby takes. Wobbly, tentative, and unsure but encouraging nonetheless, US equities gained on another day the footing wasn’t quite fully there but progress was made. For now. This crisis is far different than a tariff tete-a-tete but an exchange of peace proposals, even the mere acknowledgement of communication, is going a long way. Of course, a wayward comment or dare I say missile could scotch those efforts. While gains and volumes remain tempered, bread…