Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG

1230.936 - 1251.813 Jason Calacanis

And I think that that's a pretty reasonable thing to do. So I think we're in the part of the cycle where people are getting a little bit more sober and risk managing. We're also in the middle of the summer where a lot more vacation is taken, which how it manifests is that people tend to be, frankly, more risk off and be more liquid because a lot of people are in and out of the office.