Down goes the Dow

I’m curious whether any of you have dabbled with querying AI models like ChatGPT for investing insight? I’ve made some preliminary explorations and been quite impressed with the speed at which ai can gather, compile, analyze and synthesize information with some thoughtful prompts.

I've never used it for any meanfingul analysis, but I use it all the time in general since it populates the response to every question I ask google.

My experience so far is that interacting with ChatGPT is kind of like talking to a fairly smart person who knows a lot of stuff and can access its very large memory banks remarkably quickly. Also like a real person it makes mistakes, and sometimes hallucinates, so it can’t be taken as gospel truth but is often quite reliable and informative. I’m starting to lean on it quite a lot more than simple google searches. It’s a much more direct way to get clear information than poking around web links from a search engine.

Funny you say this in that I am at this very moment researching a stock I am having issues with owning...

AI gives me the first response to every inquiry I enter into my google browser, so I cannot avoid it. But I almost always dig a little deeper than just reading the AI response, and go into a few of the relevant articles/sites google retrieved.

And what I almost always find is that AI is borrowing almost verbatim from the relevant sources it has listed in the google search.

FWIW, the links that the search reveals to Reddit discussions have been very much useful in navigating the question and consideration I am after, which is relevant, because I understand that Reddit is making claims about having its content lifted grom AI companies without fair compensation and without consent.

Try one of the ai tools directly and start a back and forth with follow up questions. You might be surprised how easily you can get to good answers. At least I’ve been surprised, although perhaps it’s because I’m dumber than the ai tools, unlike the rest of y’all 😀

On long distance running training theory, which I consider myself to be an expert, I found the query answers superficial. I would say, a good starting point for further discussion. Some of the answers were just wrong. At least that is my experience as a former spert.

I guess agip's on vacation or in social media rehab. Here's a post from Brian Gilmartin (Fundamentalist) on the ETF EMXC, Emerging Markets ex-China, which is poised to hit an all time high. I found interesting this statement:
"As someone who will never own a Chinese security directly, (and don’t
care to see any Chinese securities in international funds or ETF’s),"

When I was still living in NY State and had retired, I would go out Wednesday nights to a restaurant where a late friend of mine was the bartender. One of the regulars I got to know was the former head of a major investment bank,s IPO desk. When Alibaba was listed on the NYSE in 2014, the conversation was obviously about it's IPO. They told me they would never take part in any IPO by a Mainland China company. Didn't care if they left money on the table, felt they would betray their client's best interests by promoting a possible fraud.

One of my Morgan Stanley colleague's father, himself a retired MS advisor, was married to Bruce Lee’s widow. Investing in Chinese equities:

Linda Lee did have a cameo in Enter the Dragon and a very young Jackie Chan was a stuntman, I believe. I think he also got injured doing shooting. Was filmed without sound.

Her second husband a very nice man. At one time the top broker in Boise. Retired March 2000, talk about market timing.

Apple is announcing some major developments for their new iPhones coming out in the Fall. Among those are a new operating system, the first in about a decade, to be called iOS 26 (new operating systems are now being denoted by their year after release, i.e. the 26 for 2026.).

Many slick improvements, new features, and appearance upgrades. Features for Chat, camera, Texting, Spam dodging features, phone functionality, and some AI assisted real-time translation features. Additionally, their are Cisual Intelligence enhancements to identify a wide range of information about articles that appear on your screen, camera, and group chats and social media.

Should be good,

Wirecutter checked it out for us and reports about it, along with new design features for iPads and Macs:

nytimes.com

Apple Just Showed Off a New Look for iPhones. Here’s Everything Coming in iOS 26.

iOS 26 will launch this fall, bringing a sleek, transparent redesign and AI-powered features such as real-time call translation.

Open link

DoubleLine’s Gundlach has cut his allocation to speculative-grade credit to the lowest since his firm was founded. He sees elements of 1999 and 2006-2007 in today’s markets, and said longer-term US Treasuries are no longer risk-free investments.

Open image

Jason could also represent your typical Garden State driver, esp when you step into the crosswalk. Forgot how $hitty NJ drivers were.

Yeah, and it's not too pretty on the markets today, either.

And that's not all.

Anybody got some good news?

Tailgating has been imported to Idaho. I was rear ended in the Porsche last July, and my wife was rear ended in the same car this May. Fortunately minor, yet expensive repairs for the insured parties.

Powell just spoke, taking questions now. Not hearing much of anything unexpected.

What's with the Agip ban?

Can't see this as anything but a total and epic disaster.

“What's with the Agip ban?“

Huh?

just what i heard in passing on the official trump thread. I don't know anything other than that.

It doubt agip would post anything that extreme. He is likely taking a break or vacation.