ZeroHedge68%
Kimi, Kuwait, & Korean Chaos Cap Ugly Week For Tech; Oil Jumps Most Since Start Of War 94%
By Tyler Durden64%
7/17/2026, 8:00:00 PM
BS Summary: This article contains 14 faulty reasoning types, including Biased Writer Voice, Post Hoc (False Cause), and Confirmation Bias, with Negativity Bias as the most egregious example at 87% saturation with 161 hits. Analysis detected 843 faulty-reasoning hits from 185 analyzed words, generating a BS Score of 91% and a BS Rank of 94% (1,033 of 17,192 articles). This article is worse (more manipulative) than 94.00% of the article peer group.
Moonshot wrecks tech as all the stuff that’s "worked" YTD is going the wrong-way...
**Tl;dr**: *A busy week of macro (**inflation inflected lower, growth steady, Warsh hawkish**), was dominated by various headline catalysts impacting market narratives: Peace-premium ( **endless escalation culminating with Iran attacking Kuwaiti water** and power plants in counterstrikes against the US), AI Spendaholics (China's 'low cost to build' **Kimi from Moonshot **crushes the 'expensive' American dream), & Semis to the Moon ( **Korean retail wakes up** to the downside of leverage).
By the end of the week, stocks were down led by Nasdaq ( **Semis/Momo ugly**), bonds were bid (rate-hike odds tumbled) despite **oil's biggest week since war started**.
The dollar and gold were weaker, **bitcoin managed to end unch**.
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*China saved America's bacon (and its own) with its crude market stabilization, but is now exposing the flaws in a US economy driven almost entirely by current and anticipated (over)-spend on AI...
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Analysis
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