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Kira (Hindsight Capital) on X: "The 2028 Global Intelligence Crisis That Wasn't A Macro Memo from the Actual June 2028, Not the Fanfic Version The unemployment rate printed 3.8% this morning, roughly where it's been all year. The market yawned. The S&P 500 is at 7,400, which is somehow both a record high and a" / X

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To view keyboard shortcuts, press question mark View keyboard shortcuts Home Explore Notifications Chat Grok Bookmarks Creator Studio Premium 50% off Profile More Post Douglas Qian 钱钟理 @douglasqian Post See new posts Conversation Kira (Hindsight Capital) @Klaudnin3 The 2028 Global Intelligence Crisis That Wasn't A Macro Memo from the Actual June 2028, Not the Fanfic Version The unemployment rate printed 3.8% this morning, roughly where it's been all year. The market yawned. The S&P 500 is at 7,400, which is somehow both a record high and a disappointment to people who were promised 10,000 by every DCF model with a "AI Upside Case" tab. We are writing this memo because in February 2026, a widely circulated Substack piece predicted that by this exact date, the S&P would be down 38%, unemployment would be 10.2%, and the mortgage market would be in free fall. It was beautifully written, rigorously structured, and wrong about nearly everything. We feel it is our duty — nay, our privilege

The 2028 Global Intelligence Crisis That Wasn't A Macro Memo from the Actual June 2028, Not the Fanfic Version The unemployment rate printed 3.8% this morning, roughly where it's been all year. The market yawned. The S&P 500 is at 7,400, which is somehow both a record high and a disappointment to people who were promised 10,000 by every DCF model with a "AI Upside Case" tab. We are writing this memo because in February 2026, a widely circulated Substack piece predicted that by this exact date, the S&P would be down 38%, unemployment would be 10.2%, and the mortgage market would be in free…

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