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”
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“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”
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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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.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Forwarded from DoomPosting
U.S. President Donald J. Trump has announced that due to “possible bad weather conditions,” tomorrow’s Cabinet Meeting, which was supposed to take place at Camp David, will instead convene at the White House
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