The Pendulum Cycles

Overnight, the political landscape of the United States changed. Democrats won control of both the US Senate and House in Tuesday’s midterms, and it’s only the fifth time since World War II that a party has flipped both chambers in a midterm. And the markets reacted with a $2 trillion loss, as a result. For there are fears that a Democratic Congress and the blue states will now crack down on genAI and data centres. A delicate balance has shifted. But still, the United States' and Israel’s war on Iran began Feb. 28 and is still unresolved, with oil hovering around $100 a barrel. And in Canada, Thursday’s budget adds $142.1 billion in new measures over five years, with a $62.3 billion deficit, written under a US trade war. Salon, a pioneer of digital publishing, announced it will shut down after being online for over thirty years. People make plans, they invest in retirement accounts, they have AI-dependent jobs. People expect to know their energy prices, trade, the outlets they read.…

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