For those who invest - not guess

🎪 Meta's raise got bigger. Nvidia put in $3 billion

Meta's raise grew to $37.5 billion, Nvidia took $3 billion of it. Here's the tell.     TUESDAY MARKET UPDATE   Good morning. Index figures below are futures — I'm writing before the open. The Fed starts its two-day meeting today. * 🟩  |  Meta's raise got

⛓️ Meta is raising $95 billion to pay for AI

Meta wants $95 billion, SpaceX borrowed $40 billion, Anthropic filed. Here's the tell.         MONDAY MARKET UPDATE   Good morning. Three of the biggest spenders in technology went looking for money this morning. All three at once. * 🟩  |  Stocks liked it anyway. The S&P 500 rose 0.73% and

Your inflation expectations jumped to 4.6% in one month.

The index barely moved. Oracle lost 6.4%, Meta gained 15%. Here's the tell.   FRIDAY MARKET UPDATE   Good morning. The index ends the week near where it started, which is the least interesting thing that happened. * ■ |  The 10-year hit a 20-year high. It closed Thursday at

Your mortgage rate just hit 7.12%. Highest since 2024

Every maturity above 5%. Gold down 8.2%. Mortgages at 7.12%. Here's the tell.   THURSDAY MARKET UPDATE   Good morning. I'm writing before the open, so the equity numbers are futures. One thing is already settled. * ■ |  The bond rout broadened. The 10-year closed Wednesday at

Schwab -6.7%, Allstate -6%, Meta +11.4%. Flat tape

The S&P closed flat. Schwab fell 6.7%. Meta rose 11.4%. Here's why.   WEDNESDAY MARKET UPDATE   Good morning. First note since Friday. The index barely moved in between; almost nothing else stayed still. * ■ |  Meta had its best day since April. Up 11.4% Monday and

Stocks rallied today. Thank the Saudis, not the Fed

Dow lost 631 points Wednesday. Stocks are up 1.3% today. Oil did that...   THURSDAY MARKET UPDATE   The Fed raised rates yesterday and the market spent one day hating it, then changed its mind. * ■ | The Dow lost 631 points Wednesday. Its worst session of the month, on the first hike

Services inflation: 0.1%. The Fed is hiking anyway

Hike odds jumped past 70% on a number diesel built. Silver felt it first...   THURSDAY MARKET UPDATE   Wholesale inflation came in hot at 8:30. Then I read the breakdown, and it was the diesel bill I flagged on Tuesday. * ■ | Stocks are lower across the board. The S&P

Why isn't your portfolio scared of $100 oil?

Brent cleared $100. Software led the selloff. Your index fund hasn't noticed yet...   THURSDAY MARKET UPDATE   Oil crossed $100 overnight and the fear gauge went back to sleep. One of those is a mistake. * ■ | The Dow gave up 627 points. It closed Tuesday at 52,786, with software

Diesel hit $5.85 a gallon. A record. Groceries follow.

Diesel at a record. Brent near $98. Gold didn't budge. That gap matters...   TUESDAY MARKET UPDATE   Almost everything on my screen is red. The exception is the part that hurts most. * ■ | Futures are heavy. S&P 500 futures sit at 7,710, down 0.16%, after Friday&

Hormuz reopening. Oil −3%. Gold doesn't care. Again.

Gold $4,652, PCE 12:30pm, Nvidia after close, consumer confidence 89.4, Hormuz reopening hopes, Warsh Fri...   WEDNESDAY MARKET UPDATE   NVIDIA + PCE DAY Today decides the rest of the summer. PCE at 12:30pm. Nvidia after the close. Consumer confidence dropped to 89.4 yesterday — below expectations. The forward-

Gold rose. Oil fell. The market is trading the dollar, not Iran

Gold $4,650 (3-month high), Bessent sanctions 60+ entities, Nvidia + PCE tomorrow, Warsh Friday...     TUESDAY MARKET UPDATE   Bessent dropped the hammer. Sixty-plus entities sanctioned. Five sectors targeted: digital assets, technology, gold, aviation and shipping. He called it “economic asphyxiation”. A major financial institution may be sanctioned by Friday.

Nvidia Wednesday. Warsh Friday. Gold already voted. $4,700

Gold $4,713 futures, China stealth-buying, Bessent sanctions today, Nvidia Wed, PCE + Warsh Fri...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌