COMMODITY NEWS OF THE DAY
05/07/2021 6:16 AMAssets of all types have exploded in 2021. There’ve been NFTs, trading cards, and crypto. The latest rage: commodity prices. We tapped one of finance Twitter’s most popular accounts (@ParikPatelCFA, who writes at Bullish Studios) to explain what’s happening: Lumber:...
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‘Airbnb for pools,’ just raised $10m
05/07/2021 6:09 AMDon’t have a private pool to float around in this summer? Join the club. Thanks to Swimply, that reality is quickly becoming a thing of the past -- the company is basically Airbnb for private pools. And it’s growing like there’s no tomorrow Founded in 2018, Swimply...
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“Kids, you tried your best and failed miserably. The lesson is, never try..”
05/06/2021 6:58 AMThis morning: Forget fears of rising interest rates – the big threat is how the global economy will cope with supply chain bottlenecks and the coming commodities supercycle. These will create all kinds of friction. The West is particularly vulnerable to microchip...
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Ranking U.S. Generations on Their Power and Influence Over Society
05/06/2021 6:41 AMWhich U.S. Generation has the Most Power and Influence? We’re on the cusp of one of the most impactful generational shifts in history. As it stands, the Baby Boomers (born 1946-1964) are America’s most wealthy and influential generation. But even the youngest...
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The mainstreaming of crypto assets continues apace
05/06/2021 6:07 AMS&P Dow Jones Indices -- home to the ubiquitous S&P 500 -- just launched 3 crypto indexes: 1) a Bitcoin index; 2) an Ethereum index; and 3) an index that includes both. Of the 2 assets, Ethereum is currently on the hottest run: up ~2x over the past 6 weeks to a...
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Who Gets to Decide What’s Fair
05/06/2021 5:51 AMWhat's "fair" is a go to rationale underlying the tax debate and many more issues but let's stop pretending that it's a revelation from a higher...
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‘Congrats, Jay! You’ve officially blown the biggest stock market bubble in history.’
05/05/2021 11:07 AMTake A Bow, Jay Pow! All that can be said about all of this is, ‘Congrats, Jay! You’ve officially blown the biggest stock market bubble in history.’ In all seriousness, however, there will undoubtedly come a time when concerns regarding financial stability will...
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Schachter’s Eye on Energy – May 5th
05/05/2021 9:34 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy and energy service companies with...
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How Texas Is Becoming A Mecca For Bitcoin Miners
05/05/2021 8:46 AMAccess to unique power sources and friendly regulations are driving bitcoin mining companies to set up shop in Texas. Texas might seem like an unlikely mecca for large scale bitcoin mining operations. Although energy prices in Texas are relatively cheap — a big draw...
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The “Miracle Recovery” Narrative: We’ll Just Print Our Way to Prosperity
05/05/2021 8:04 AMOver the last few weeks, we’ve been constantly bombarded by news reports and “expert” analyses celebrating an incredible global economic recovery. They’re not even presented as projections or expectations anymore, but as a fact, as though the return to vibrant...
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