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Wall Street is seeing a resurgence of the debasement trade as investors grow increasingly anxious over the scale of the U.S. budget deficit and the rising cost of servicing national debt. This investment strategy centers on moving capital away from the U.S. dollar and Treasury bonds toward hard assets like gold and cryptocurrency, which serve as hedges against a weakening currency. Fear reached a boiling point following an unusual decision by Treasury Secretary Scott Bessent to increase debt buybacks, a move that many market participants viewed as a sign of instability rather than a solution.While some argue that the actual…

Louisiana is poised to become the epicenter of humanity’s journey into deep space following an announcement from SpaceX and Governor Jeff Landry regarding a staggering 100 billion dollar investment. Known as Starbase Louisiana, this massive manufacturing and launch complex will be situated in Vermilion Parish along the Gulf Coast. The project represents one of the most significant investments in the state’s history and is designed to function as a self sustaining city of aerospace innovation, featuring ten launch pads spread across five complexes, its own power generation, deep water shipping ports, and potentially its own airport.The sheer scale of the…

Adam Mosseri, the head of Instagram, is expected to take the witness stand on Tuesday in a high stakes federal trial in Oakland, California. The proceedings center on allegations from several state attorneys general who claim that Meta deliberately engineered its platforms, including Facebook and WhatsApp, to hook children and foster addiction. These officials argue that the tech giant mislead the public regarding the actual safety of these apps, turning user engagement into a calculated strategy at the expense of youth mental health.Meta has remained defiant in the face of these accusations, dismissing them as unsubstantiated and characterizing the legal…

Even as ongoing U.S.-Iran tensions and renewed Canada-U.S. trade frictions kept investors cautious, Canadian stocks managed to start the new week on a slightly positive note as strengthening gold prices, easing Treasury bond yields, and hopes of strong bank earnings later in the week boosted investor confidence. The S&P/TSX Composite Index advanced by 94 points, or 0.3%, on Monday to settle at 36,714, narrowing the gap from its all-time highs and extending its rebound for a second straight session. While consumer cyclical and industrial stocks trended lower amid heightened trade uncertainty, strong intraday gains in other key sectors like mining,…

Walmart shoppers are increasingly treating the world’s largest retailer like an e-commerce company, and that is beginning to change the numbers that matter most to investors. In its recent second-quarter earnings, the retail giant Walmart’s U.S. comparable sales rose just 2.6%, its slowest pace in six years and below Wall Street expectations.  The miss sent Walmart shares down more than 9% on August 20, even though the retailer raised its full-year sales and profit outlook. The stock has recovered only slightly since the selloff.  Walmart closed at $103.70 on August 21 and was trading around $106 intraday on Monday, August…

Can a city’s seawall stand up to a blockbuster storm? Will a region’s power grid hold against record-breaking heat? And can a town’s fire-fighting resources contain a major wildfire? To answer these questions, communities will first need to know how such extreme events could unfold. How far is a wildfire likely to spread? How much of a region might a storm impact? How long could a heat wave last? But extreme events are notoriously difficult to anticipate. By their nature, they are outliers. In the history of record keeping, extreme events are sporadic and rare. Yet most methods that assess a region’s…

The Tax-Free Savings Account (TFSA) can be more than a mere savings account if you have the right approach to using it. The TFSA is essentially a means to encourage Canadians to improve their savings practices by providing tax-free growth on assets held in the account and tax-free withdrawals without any penalties for early withdrawals. However, looking at the TFSA through the lens of a stock market investor can fundamentally change the TFSA into one of the best investment vehicles available to Canadians. When you invest in dividend stocks and build a sizeable portfolio, you can get significant returns. In a normal…

Celestica stock has slumped and moved into a bear market this month as traders react to its earnings report and a major dilution event. CLS tumbled to C$407, down by nearly 40% from its highest point this year. This retreat may continue in the near term as focus remains on the ongoing AI growth.Celestica stock technical analysis points to more downsideThe daily chart shows that the CLS stock has been in a strong downward trend after peaking at $656 in June this year. It has recently dropped below the important support level of $450, while the Relative Strength Index (RSI) …

Modern investing has entered an era where the line between sophisticated diversification and blind speculation is becoming dangerously thin. In a recent discussion on The Long View, Jeff Ptak, a managing director for Morningstar Research Services, warned that many new financial products are designed to prey on the most impulsive instincts of retail investors. From the allure of high profile pre IPO companies like SpaceX to the siren song of artificial intelligence themes, Ptak suggests that investors are often lured in by intoxicating narratives rather than sound fundamentals.One of the primary concerns highlighted by Ptak is the rise of exchange…

Missouri’s oldest business association is making a sudden and aggressive move into the political arena. In a significant shift in strategy, the Missouri State Medical Association has invested 1.5 million dollars into two newly formed political action committees known as Asclepius PAC and Patients First PAC. While the organization has long maintained a small committee for member contributions, ethics commission records reveal that the association itself has barely touched its own funds for political purposes since 2001, remaining largely dormant in this regard since 2014.Jeff Howell, the association’s executive vice president, says the surge in spending is about ensuring high…