Independent thinking for complex markets and current events
People have no idea how rare the events that are unfolding are. Todays guest breaks it ALL down.
It wasn’t a flare-up or a trader’s stunt. The number came and stayed. Gold clocked out Friday at $3,461 per ounce. That’s no typo. The yellow metal locked in the highest close in history, topping both the daily and the weekly charts. It didn’t whisper. It was a full-throated roar from a market that’s had …
Millions of Americans depend on daily medication to function, to work, to stay alive. Blood pressure pills. Antidepressants. Insulin. Thyroid tablets. Inhalers. Medications for epilepsy, anxiety, heart conditions, diabetes. Take a guess how many people in the U.S. are prescribed drugs long-term. Over 131 million. That’s more than half the population. And in a crisis, …
ALBANY, N.Y. (NEXSTAR) — New York Gov. Kathy Hochul signed three gun control bills on Thursday. The bills ban certain gun mods, make gun shops post clearer warnings, and change how gun sales are tracked. S744/A436 bans pistol converters from semi-automatic pistols. The law adds pistol converters to the list of devices—like bump stocks, trigger …
via Alex Kimani: The global energy crisis triggered by Russia’s war in Ukraine exposed Europe’s extreme vulnerability due to the continent’s over-reliance on Russian energy commodities, especially natural gas. Europe responded with overkill, with the continent managing to store so much gas that it emerged from the last winter season with more than enough gas …
via wired: The size and scope of the government effort to accumulate data revealing the minute details of Americans’ lives are described soberly and at length by the director’s own panel of experts in a newly declassified report. Haines had first tasked her advisers in late 2021 with untangling a web of secretive business arrangements …
