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Situational Awareness' Collapse, Big Tech Earnings & The Fed
Fed holds rates but drops all forward guidance, GDP misses as AI imports mask strong consumer spending, big tech capex spooks Wall Street — plus Anthropic's secret book-shredding program and a hedge fund blowup.
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August 1, 2026 · 35 min
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Fed holds rates but drops all forward guidance, GDP misses as AI imports mask strong consumer spending, big tech capex spooks Wall Street — plus Anthropic's secret book-shredding program and a hedge fund blowup.

Check out this week's Rich Habits newsletter: Is The AI Bubble Popping?

And the latest Rate of Returns newsletter: How Will August Treat Your Portfolio?

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