

Trump: China Deal "Is Done," Inflation Watch, Musk's Mea Culpa 6/11/25
Jun 11, 2025
The hosts dive into President Trump's bold social media claim about finalizing a U.S.-China trade deal. They discuss surprising CPI inflation data that boosted stock markets and lowered bond yields. Elon Musk admits regret over recent comments about Trump while pushing for Tesla's robotaxi vision. Insights into major investments highlight Meta's $14.3 billion commitment to AI and GM's $4 billion production boost. Meanwhile, Nvidia's stock flirts with record highs, suggesting a tech-driven market shift.
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US-China Trade Deal Update
- President Trump announced the US-China trade deal is done, pending approval from him and President Xi.
- Details include tariff adjustments and cooperation on rare earths, but semiconductor terms remain unclear.
Quantum Computing Growth Tips
- Quantum computing is reaching an inflection point with increasing logical qubits.
- Expect exponential growth and improved performance roughly every five to ten years, according to NVIDIA's Jensen Huang.
AI and Robotics Age of Abundance
- The age of abundance driven by AI and robotics will disrupt jobs but enrich society.
- Sam Altman envisions gradual social changes and new policy ideas as billions of humanoid robots assist industries.