Althouse: Sunrise.

May 27, 2026

Sunrise.

Write about whatever you want in the comments.

26 comments:

tcrosse said...: Brava, Althouse!; 5/27/26, 6:13 PM
Achilles said...: I was always curious what happened to Chip Roy.

The first I heard of him he said all the right things.

Then he acted like a Democrat.

It must be the human skin suits they give lawyers when they pass the bar.; 5/27/26, 6:41 PM
Howard said...: SAN FRANCISCO -- The parents of a 26-year-old OpenAI researcher turned whistleblower who was found dead in his San Francisco home in November 2024 are intensifying their push for answers, expanding their advocacy into a full-time effort to challenge the official ruling of suicide.

Suchir Balaji's death was ruled a suicide by the San Francisco medical examiner, but his parents, Poornima Ramarao and Balaji Ramamurthy, believe he was killed and are calling for further investigation.; 5/27/26, 6:50 PM
Howard said...: His death comes three months after publicly accusing OpenAI of violating U.S. copyright law while developing ChatGPT, and almost exactly a month after he went public with his allegations in an interview with the New York Times.; 5/27/26, 6:51 PM
BUMBLE BEE said...: All five are splendid. Kudos.; 5/27/26, 6:58 PM
Howard said...: First non wetsuit pond swim this season. Water temperature a perfect 69°F. A bald eagle soared by before we entered the water.; 5/27/26, 7:00 PM
Aggie said...: A lovely, rich palette with the golden alexander.; 5/27/26, 7:19 PM
narciso said...: Yeah that was a curious one; 5/27/26, 7:31 PM
narciso said...: I think the last is most evocative; 5/27/26, 7:32 PM
narciso said...: https://x.com/EricLDaugh/status/2059756739906670836; 5/27/26, 7:33 PM
narciso said...: Stranger than fiction; 5/27/26, 7:33 PM
Kai Akker said...: @Meade -- what is the basis for your bullish adviceon stocks? Does it include 1929-32; 1965-82; 2000-02; 2007-09?

In the first two cases, bear markets destroyed 80-90% of stocks' value. In the latter two, blue chips only declined 45-60% but NASDAQ, the hotties, dropped 65-78% with plenty of (briefly) hot names going to zero. Indexes, of course, try to beat that statistical problem by periodically dropping weak stocks and adding strong names.

Current valuation levels are higher than: 1929; 1965; 2000; 2007; or anything else for which there are accurate records. Stocks did recover in 1932 but the Dow Industrials did not attain their pre-crash level until the mid-1950s. Long time to wait underwater.

There is much more risk in stock prices today than at any of those prior peaks. Trouble is, only Warren Buffett seems to appreciate that fact.; 5/27/26, 7:34 PM
Narr said...: Wonderful pix.

I'm going to watch the Tom Hanks WWII effort sooner or later (as much as I can stand) but I have already seen enough of the Roman Empire doc to write it off.

Definitely a case of "better than nothing" being a high bar.; 5/27/26, 7:34 PM
narciso said...: https://share.google/hgdvYzu0mMXKp2YSe; 5/27/26, 7:35 PM
narciso said...: A corrective; 5/27/26, 7:38 PM
narciso said...: The longest day and other project relayed the brutal cost of the allied victory without being gratuitous; 5/27/26, 7:40 PM
Political Junkie said...: Was Talarico ever photographed with a long term girlfriend in the past?
I have not seen it, and doubt it exists, because I think he is as queer as a 7 dollar bill.
"Not that there is anything wrong with that, right"? So why the hiding. Don't Jim McGreevey down my back and tell me you are straight. Man up. My God. As a very conservative D who has not voted D since 1992, are there any normal masculine D Anglo men?
Fucking clown show.; 5/27/26, 7:44 PM
narciso said...: Platner also attacked favorite son the lead sheepdog chris kyle

Is he going to blame that on ptsd; 5/27/26, 7:48 PM
narciso said...: They are pretty much all psychos as candidates; 5/27/26, 7:48 PM
n.n said...: This comment has been removed by the author.; 5/27/26, 8:10 PM
n.n said...: Talarico is trans? Homo or sim? Social? Humane? He is Democratic.; 5/27/26, 8:11 PM
narciso said...: Pod person; 5/27/26, 8:13 PM
Lem Vibe Bandit said...: WSJ: US military conducts new strikes on Iran; 5/27/26, 8:23 PM
Indefinitely Extended Excursion™️ along with $1.8bn of Kleptocracy said...: Kai Akker writes: “There is much more risk in stock prices today than at any of those prior peaks.”

The reason is simple: there are more buyers than sellers. The market is being underpinned by relentless retail inflows into index trackers and the momentum stocks of the moment. As long as unemployment remains low, this dynamic is unlikely to change.

This AI-driven rally is stirring up memories of the dot-com era, which began with the launch of the Netscape browser in 1994 and peaked with the bubble in 2000. If history offers any parallel, we may still be in the very early stages of this AI bull market, with a promising long-term outlook.

That said, stocks never go straight up, and this cycle won’t be any exception. My main takeaway from the dot-com boom and bust is that the investors brave enough to hold the high-flyers through years of extreme volatility on the way up were often the same ones who rode them all the way back down. Will that pattern repeat this time? It’s too early to tell. The dot-com boom lasted roughly seven years; by comparison, the AI boom is still in its infancy.

Jamie Dimon, CEO of JPMorgan Chase, noted yesterday that he believes current stock valuations are high—including JPMorgan’s own—and that he isn’t comfortable buying at these levels. While no CEO is a guaranteed market-timing expert, Dimon has lived through many cycles. Still, as always in the markets, we never truly know how it will unfold.; 5/27/26, 8:31 PM
narciso said...: Life imitates Star trek

https://x.com/CharlesMullins2/status/2058549607794102447; 5/27/26, 8:34 PM
Indefinitely Extended Excursion™️ along with $1.8bn of Kleptocracy said...: Is that imminent peace deal with Iran signed yet?
95% done -- 2 weeks on Tuesday; 5/27/26, 9:01 PM