In 1956 when Egypt nationalized the Suez canal France and UK went on a war with Egypt with Israel as a proxy to fight it.
As a result of this all 3 countries faced backlash and they had to surrender.
This marked the end of Britain and France as major imperial powers
#History
Raising interest rates to fight inflation won't work.
How is raising rates going to force oil prices down? It’s not. It will only make it go up. They have no tools to deal with this, but they can’t say so publicly because then you lose confidence.
Raising interest rates to fight inflation won't work.
How is raising rates going to force oil prices down? It’s not. It will only make it go up. They have no tools to deal with this, but they can’t say so publicly because then you lose confidence.
As an investor, you have to ask yourself:
President Trump effectively made rate CUTS a pre-condition for his next Fed Chair.
Will Fed Chair Warsh actually raise interest rates in his first rate move since being appointed Fed Chair by President Trump?
We think markets are overestimating the chance of a September hike.
Treasury just announced that it will buy more long-term Treasuries private investors no longer want to hold to try to keep yields from rising. The money to pay for it will ultimately be created by the Fed, sending inflation soaring. That's why gold is already up $125 on the news!
BREAKING: Apple $AAPL just hit a new ALL TIME HIGH.
It is now up 17% in the last 10 trading sessions, adding roughly $688 billion to its market cap.
Two things are driving this.
Apple is spending far less on AI than Microsoft, Meta, Amazon, and Alphabet. While they burn cash building data centers, Apple is not.
That leaves its free cash flow intact at a time when investors are starting to question whether the AI capex ever pays off.
And its sales are holding up even after markets are expecting a slowdown in sales.