This Week's

• Markets 📈

• Geopolitics 🌍

• Business 👔

Markets 📈

• Inflation expectations rose in March: five-year outlook hit 4.1% (up from 3.9%, highest since Feb 1993), and one-year outlook climbed to 5% (highest since July 2022), per University of Michigan.

• The S&P 500 ended Q1 down 4.4% YTD, with pressure from AI-related trade uncertainty and concerns about Donald Trump’s proposed tariffs. Dow Jones data shows mixed full-year outcomes following similar first-quarter losses.

Geopolitics 🌍

• California Governor Gavin Newsom called the Democratic brand “toxic,” saying the party talks down to people and operates in an echo chamber. His remarks reflect a broader shift as leaders move away from Biden and Harris toward the political center.

• Amid U.S.–Canada trade tensions, officials and commentators floated restricting access to Pornhub, a Canadian-owned platform, as leverage. Initially satirical, the proposal has been referenced in real policy discussions.

Business 👔

• BlackRock CEO Larry Fink warned that mass deportations could worsen labor shortages in agriculture and construction. He also cited a growing shortage of electricians driven by data center demand.

• OpenAI’s GPT-4o update introduced a new image generation model capable of replicating diverse animation styles. A trend emerged across X and Instagram with users mimicking Studio Ghibli, renewing scrutiny over copyright and AI-generated content.

Coming next week:

• Mystery Chart of the week

• Stocktwits integration

• Author bio/welcome/story

• Quote of the week

• Deepresearch report

• Read last weeks issue

• Discord server (lol)

• Something else? Reply and let me know.