AI’s Risks Are Getting Harder to Ignore

It's Chuck, Mike, and Tucker with you, and we got equity indices modestly down today.

Nothing crazy going on.

S&P about a quarter percent down.

Dow's off about a third of a percent.

Nasdaq composite, half a percent.

So garden variety Thursday, nothing crazy going on.

But, uh, hey, you can't hit all-time highs every day as much as you'd like to.

Bonds continuing to, uh, struggle to find their footing.

Ten-year Treasury up another two point eight basis points to five point three oh five percent.

Uh, dollar, little bit of weakness today, not very much.

Uh, off point, uh, oh five percent to one oh one ninety-six.

Gold catching a little bit of a bid on that weakness after struggling the last month or so now.

Uh, gold up, uh, nine dollars now.

It's to forty-one forty-nine.

Crude oil, uh, is, uh, finding its footing in a big way today, up, uh, four thirty-eight a barrel on West Texas Intermediate to ninety-two seventy-two.

And, uh, AAA national average for gas prices, uh, down half a cent to four thirty-six and one tenth.

Diesel down two cents to six twenty-eight.

But, uh, both gas and diesel futures up about, uh, four and a half percent.

And so we may, if those moves hold, start to see, uh, a little bit of a reversal, uh, in, uh, gas and diesel prices that have both come down.

Gas about ten cents over the last week, two weeks.

Diesel about, uh, twenty-five cents in the past couple weeks.

Uh, we may still have, uh, you know, another run at all-time highs on diesel.

Gas, I'm still not really sure.

Uh, again, the supply situation isn't quite as tight.

Uh, but I gotta tell you, uh, based on the EIA data yesterday, th- there's, there's nothing that's overly encouraging that's still happening.

It's Chuck, Mike, and Tucker with you, and we got equity indices modestly down today.

Nothing crazy going on.

S&P about a quarter percent down.

Dow's off about a third of a percent.

Nasdaq composite, half a percent.

So garden variety Thursday, nothing crazy going on.

But, uh, hey, you can't hit all-time highs every day as much as you'd like to.

Bonds continuing to, uh, struggle to find their footing.

Ten-year Treasury up another two point eight basis points to five point three oh five percent.

Uh, dollar, little bit of weakness today, not very much.

Uh, off point, uh, oh five percent to one oh one ninety-six.

Gold catching a little bit of a bid on that weakness after struggling the last month or so now.

Uh, gold up, uh, nine dollars now.

It's to forty-one forty-nine.

Crude oil, uh, is, uh, finding its footing in a big way today, up, uh, four thirty-eight a barrel on West Texas Intermediate to ninety-two seventy-two.

And, uh, AAA national average for gas prices, uh, down half a cent to four thirty-six and one tenth.

Diesel down two cents to six twenty-eight.

But, uh, both gas and diesel futures up about, uh, four and a half percent.

And so we may, if those moves hold, start to see, uh, a little bit of a reversal, uh, in, uh, gas and diesel prices that have both come down.

Gas about ten cents over the last week, two weeks.

Diesel about, uh, twenty-five cents in the past couple weeks.

Uh, we may still have, uh, you know, another run at all-time highs on diesel.

Gas, I'm still not really sure.

Uh, again, the supply situation isn't quite as tight.

Uh, but I gotta tell you, uh, based on the EIA data yesterday, th- there's, there's nothing that's overly encouraging that's still happening.