Wealth tricks that don't get enough love:
▪️Staying out of debt
▪️Keeping risks low
▪️Not blowing cash on dumb stuff
▪️Knowing when you have enough
▪️Saying no to lifestyle creep
▪️Sticking with the same car, home, and partner
🚨 Gold getting ready to do something dumb
Down almost 30% from its peak already.
Everyone's betting on it going lower.
That's precisely when vicious turnarounds happen.
Breaking: Word is that Sam Altman & OpenAI are chatting with the US government about handing them a 5% ownership piece of the company, according to the Financial Times 📰
Apple $AAPL is talking with two Chinese chip makers who are on the Pentagon's blacklist to buy memory chips. They're trying to deal with the global chip shortage - Bloomberg 🇨🇳
Trump just said he's making money from the stock market going up. His take: 'You know why I'm profiting? Because the market's rising, everyone's profiting.'
Big news: The US M2 money supply jumped by $247.8 billion in May, hitting a record $23.1 trillion. 🚀
That's the biggest monthly jump since May 2021. So far this year, it's up $698.6 billion—the largest Jan-May surge in 5 years.
Money supply is now $1.3 trillion above its
Just stumbled on this 2018 interview with Fed chair Kevin Warsh, where he was talking about austerity and how we need to stop printing so much money.
https://t.co/A1Tt7uOCOE
Micron $MU, Intel $INTC, and $AMD all saw their market caps jump $2 billion combined in Q2. They're now the 10th, 11th, and 12th most valuable US tech companies 🇺🇸 - via CNBC
Ford just taught us a major lesson in the AI era.
They swapped 350 engineers for AI, then had to call them back.
Looked great on paper: cut costs, let AI do the work, boost profits. Didn't work.
AI flunked quality checks.
Turns out, decades of human intuition matter.