Muni is not doing well. They've adjusted service to address a huge budget deficit, and the buses are noticeably more crowded and less frequent.
Given how SF has a big global immigrant population, there's a lot of World Cup spirit in the air. Also because Santa Clara is a host stadium.
Housing demand is back up. Not just single family homes but also condos.
Bars are supposedly closing because the 20-somethings are drinking less. Yet at the same time apparently the youngins have discovered the charm of Vesuvio...? Anchor still has not reopened. Woods (IMO) is now the preferred beer spot for locals.
The recall of the Sunset supe was a big deal. Fight over cars on the Great Highway is ongoing.
Pride is in full swing this weekend. Bay To Breakers was great as always. Weather is decent. The "SF doom spiral" story is being discussed less. I.e. SF seems safer. It's a good time to live in SF.
I'm curious about the logistical details of Newmark's donations. Skimmed the article but didn't see an answer. This is just a pledge to donate at this point, right? Newmark has not yet actually transferred any money? Presumably his trust would handle the transfer after his death or something. But then what exactly are they donating? Shares in a private company?
> The image exemplifies the popular internet aesthetic of “liminality”: the exploration of spaces that appear “in between,” that are uncanny and uncomfortable despite being mundane or familiar.
Liminal in the context of liminal dreaming has very different emotional connotations. Liminal dreaming is the state where you are beginning to fall asleep but are not quite there (hence liminal because you're on the border between awake and asleep). You can also experience it at the end of a sleep as you transition back into being awake. It's a flowing place where colors, shapes, and sounds keep morphing in very interesting and often beautiful ways. Unlike lucid dreaming there is no notion of being in control. Supposedly this was a secret to the creativity of Dali. He would sit in a chair with some keys in his hand and allow himself to drift off. When he fell asleep the keys would fall out of his hand, hit the floor, and the sound would wake him up. Then he would draw whatever he had been imagining during the liminal dreaming right there on the spot. Edison supposedly also had a similar trick. Supposedly. I have sometimes imagined some really beautiful (and catchy!) music but I've never been able to remember it in detail after waking.
This also means that the pre-2018 index had a fundamentally different portfolio of companies. So comparing today to anything pre-2018 is apples-to-oranges
Aside: why are Alphabet and Meta bucketed into the Communications sector rather than the IT one? Meta kinda makes sense, but Alphabet much less so.
Are there any other notable IT companies that aren't actually part of the S&P500 IT sector?
Edit: Apparently this happened in 2018 and is known as the de-FAANGing of the IT sector. I.e. FAANG used to all be lumped in a single sector. ^SPX tried to redistribute to spread the companies across different sectors. AMZN is another notable company now outside of IT sector. https://en.wikipedia.org/wiki/Communication_services_sector_...
This is my single biggest complaint about reStructuredText. You create headings by putting underlines and (optional!) overlines around the section heading text. But all of the following are valid title adornment characters:
He really is a remarkable person. An actor plays a high school teacher who is secretly filmed ranting against government corruption. The secretly filmed video goes viral and the teacher is unexpectedly elected president. Reality ends up mirroring fiction: the clip from the show truly does go viral and the actor who plays the teacher actually gets elected president! But then said actor gets thrown into a war against a superpower and really rises to the occasion. What a remarkable life.
How do people hold yuan? I was surprised at the lack of ETFs in this space. There's of course a lot of Chinese equity ETFs. There used to be a pure currency ETF but it was liquidated a couple years back. CBON seems like a good way to get exposure via bonds, but its AUM is quite low.
> “It is in nobody’s interests for there to be worries and instability in the U.S.,” said Jonathan Haskel, an economics professor at Imperial College Business School and former member of the rate-setting committee at the Bank of England. “Other countries hold lots of American assets. Savers in Europe will implicitly be invested in the American stock market. America is in many ways a flagship engine, with the A.I. revolution going on. Nobody in the world wants to see that at risk.”