Morgan Housel warns of a looming career threat for your child
We haven't written up this one. Yahoo Finance has the full story — the link below goes straight to it.
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History Says You Should Know These 3 Things Before Buying the Vanguard S&P 500 ETF (VOO)
Key PointsThe S&P 500 index has never been this concentrated, as the top 10 stocks make up 38% of the benchmark.
The Fed Can Do Nothing About Market Prices That Are Always Transitory
The Fed’s “transitory” answer was correct. Its error was in suggesting that what politicians so obnoxiously broke could be fixed so quickly.
The Far-Reaching Economic Impact of Wildfires
Wildfires amidst the intensifying El Nino conditions could result in far broader economic impact beyond a mere scorched land or forest.
- Wildfires tied to El Nino cause economic fallout beyond land destruction
- Haze from fires raises respiratory issues, straining healthcare
- Prevention of disasters yields greater economic benefits than response
Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon
A surprise bond buyback triggered a squeeze that liquidated over $4 billion in bearish crypto bets and sent bitcoin past $77,000.
Amazon's Free Cash Flow Went Negative by $7.6 Billion Even as Operating Cash Flow Rose 33%. Here's the Gap AI Capex Is Actually Creating.
Amazon is spending huge sums of money on AI, and that money has to come form someplace.