The Fidenza Macro Digest, April 24
Eight things I read and listened to
Where We Are in the Big Cycle: On the Brink of a Period of Great Disorder - by Ray Dalio
Hint - not optimistic. Best paired with the animated version of his book
Your Work Should Put You In The Zone - by Justin Ross on Substack
Advice from someone who left a corporate desk job to become a trader.
Determined to Flee China Thousands Take a Long, Dangerous Route to the Southern U.S. Border
Illegal immigration from China to the US is the highest in a long time. It’s a sign that China’s covid restrictions have scarred the labor market. Perhaps these illegal immigrants are locked out of the digital system that the CCP requires everyone to be a part of. Either way, it’s an interesting and troubling trend.
My favorite quote was “The main thing is to keep the main thing the main thing.” Sometimes we need to be reminded of how to stay focused on the most important things in life.
Some great gems, and advice that never gets old.
Good analysis on the upcoming debt ceiling negotiations.
Some mind-blowing commentary about AutoGPT, which is best described as ChatGPT to the nth power.