Jerome Powell said this month that if a president could fire Fed officials over policy fights, the central bank would lose the trust needed to keep the economy stable. Plain and simple.
Asian chip stocks are on a crazy run. The ratio of MSCI EM Semis to Magnificent 7 just hit a record ~205, more than doubling since early 2026.
While Mag 7 is down -7% year-to-date, EM Semis surged +91%. South Korean giants SK Hynix and Samsung are up +348% and +199%.
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Here’s the breakdown: Contribution Margin and Gross Margin aren’t the same thing. One focuses on variable costs, the other on COGS. Both matter for different decisions.
Floyd Mayweather was worth $560 million at his peak. That's over half a billion.
If he'd put that in the S&P, it'd make him $39 million a year.
Now they say he's going broke.
You'd have to be crazy to blow through $560 million in just a few years.