Why are stocks collapsing?

The stock market has been getting destroyed, and it looks like it's going to happen again today.

Normally I start these with a cute story, like a warm hug to start the day.

But today, we need an ice bath.

There is fear in the streets:

Why? Trump’s tariffs

Markets

PAST WEEK

YEAR-SO-FAR

Nasdaq

-7.8%

-19.2%

S&P500

-7.8%

-13.5%

MSCI Emerging Markets

-6.3%

-2.8%

Bitcoin*

-4.8%

-16.5%

Ethereum*

-12.6%

-53.0%

Stock of the week:
Goodyear Tire & Rubber

+10.5%

+10.9%

Crypto of the week:
EOS*

+20.6%

-6.5%

*Source: CoinGecko.com As of 8:00PM April 6, 2025

World news

Top news stories of the past week

1) Panic takes over the stock market: Stocks around the world have been getting absolutely crushed, but especially in the US, as the trade war of the US vs. everyone accelerates. Trump came out last week with his Liberation Day - outlining all the tariffs that will begin. Turns out that we are just being liberated from all our profits. Whoops!

2) TikTok still isn’t banned: Trump granted TikTok a 75-day extension to divest its US operations after new tariffs disrupted a deal to transfer ownership to American entities. So TikTok gets an extension but tariffs don’t?? COMMON MAN.

3) Tesla still in the hot seat: Even though Musk will apparently be backing down from his role of “special government employee” soon (apparently), Teslas are still getting targeted/protested all over the place. The impact has been huge. Tesla has their biggest sales drop in three years, down 13% year-over-year.

Top WEIRD stories of the past week

1) First time parent later in life? This tortoise couple has you beat - giving birth at nearly 100 years old.

2) A museum in St. Louis “won” the Guinness World Record for the most people wearing banana hats at 5:30pm on a Wednesday. This may be the dumbest record of them all. They’re just giving them out at this point.

3) NASA scientists discovered a massive star, BPM 37093, located in the Centaurus constellation, which is five times the size of Earth and made entirely of DIAMOND.

Personal finance

Ultimate Financial Checklist

Are you in your 30s and wondering if you're on track financially?

Most people think they’re doing fine—but small gaps today can become huge regrets later.

That’s why we put together The Ultimate Financial Checklist for Your 30s—a simple, step-by-step guide to help you:

Optimize your spending
Build your emergency fund
Crush high-interest debt
Max out employer benefits
Start investing with confidence
Ultimate Financial Checklist for your 30s - 02.25.pdf4.91 MB • PDF File

Technology

On the edge - Living Intelligence

Living intelligence is artificial life. It refers to systems that combine AI, sensors, and biotechnology to sense, learn, adapt, and evolve autonomously. Freaky.

Unlike traditional AI, these systems can change themselves or their environment over time, making them dynamic and capable of responding to complex challenges in real-time.

This revolutionary concept moves beyond static programming, enabling technologies to grow and improve without constant human intervention.

The implications for the future are vast, as living intelligence could transform industries like healthcare, education, and infrastructure. For example, adaptive medical devices could personalize treatments for patients, while evolving urban systems could optimize energy use and traffic flow.

By bridging the gap between artificial intelligence and biological adaptability, living intelligence has the potential to reshape how humans interact with technology.

Chart

You like charts? Graphs? Ya you do

You know who isn’t worried about the market volatility? Warren Buffett, who had nearly half a trillion dollars in cash as of the end of December 2024.

Investment idea

What are we investing in?

Our sanity

In volatile times, the best course of action is to stay consistent. DO NOT PANIC. Keep investing regularly in high quality investments.

Why?

History

On this day…

…in 1969, the internet was born.

Music

Banger of the week

Most important thing

Meme? Nah. Art.

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