Forwarded from DoomPosting
University of California STEM professors want standardized tests back due to severe math deficiencies among students:
“We now observe preparation gaps so severe that instructors must reteach middle school mathematics”
“The current admissions metric, based primarily on GPA & essays, can no longer reliably distinguish readiness for university-level STEM majors in an era of severe grade inflation & AI assisted application essays”
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
“We now observe preparation gaps so severe that instructors must reteach middle school mathematics”
“The current admissions metric, based primarily on GPA & essays, can no longer reliably distinguish readiness for university-level STEM majors in an era of severe grade inflation & AI assisted application essays”
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
👍3
Forwarded from DoomPosting
US Treasuries are experiencing the worst bear market in history:
The US Treasury Total Return Index has now been in a drawdown for 69 consecutive months, the longest streak in over 100 years of data.
The previous record stretch that ended in 2019 lasted for ~30 months.
This is also only the 3rd time in history that a drawdown has exceeded 20 months.
During the current drawdown, the US Treasury Total Return Index fell as much as -18% from 2020 to 2022.
Since then, it has recovered some of its losses, but it is still down -6% since 2020.
Meanwhile, the 20+ year Treasury ETF, $TLT, is down -40% since its April 2020 peak.
US bonds are more unpopular than ever.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
The US Treasury Total Return Index has now been in a drawdown for 69 consecutive months, the longest streak in over 100 years of data.
The previous record stretch that ended in 2019 lasted for ~30 months.
This is also only the 3rd time in history that a drawdown has exceeded 20 months.
During the current drawdown, the US Treasury Total Return Index fell as much as -18% from 2020 to 2022.
Since then, it has recovered some of its losses, but it is still down -6% since 2020.
Meanwhile, the 20+ year Treasury ETF, $TLT, is down -40% since its April 2020 peak.
US bonds are more unpopular than ever.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶