Jim Bianco says it’s China’s way to “take what we have and make it cheaper” on the DeepSeek news. He says it makes it easier for smaller players to enter the A.I. market and could disrupt U.S. dominance. He also thinks traders have been watching for opportunities to short the Mag 7. On the Fed, he doesn’t expect a rate cut this month and is waiting to see if Trump publicly “rips” Powell on social media.