Sometimes I find these Macro Monday's noisy but this one is good.

- Deflationary impacts of tech from China

- Trumps tariffs adding to global market uncertainty

- China's ability to innovate may not be something we should keep ignoring. Chinese scientists achieved a major milestone in nuclear fusion, sustaining a temperature of 100 million degrees Celsius (seven times hotter than the Sun) for 18 minutes, far surpassing previous records.

https://www.youtube.com/watch?v=VNp_M12kTIc

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And yet, even with an event such as DeepSeek, and its wide ranging impact there will be primarily copious cope and basically zero lessons learned.

When it comes to #China, I’ve seen this movie more times than I can remember. Hubris for the win!!

Ah yes very interesting to think about.