Oil is facing a supply crunch — and the war in Iran isn’t the only problem
Constraints on Russia’s refining system have added to the existing crisis, strategists at J.P. Morgan said. Source:MarketWatch
Prediction markets defy crypto downturn with record Q2 volume: CoinGecko
Prediction markets reached a record $113.8 billion in notional volume in Q2 as spot CEX trading, derivatives volume and stablecoin market cap declined.…
Retail sales get boost from car buyers and Amazon Prime Day. Economy hasn’t lost its mojo.
Iran war and high inflation have limited impact Source:MarketWatch
Japan tried tightening the way Kevin Warsh suggested. Here’s how it worked out.
Japan tried what Kevin Warsh suggested — tightening through a balancesheet reduction rather than hiking interest rates. Source:MarketWatch
Tokenized stocks market cap gains to record $2.3B
The market capitalization of tokenized stocks rose to a record $2.3 billion, as investors sought exposure to the growing list of tokenized equity products…
GE boosts profit outlook, but stock falls as booming order growth cools
GE Aerospace’s stock falls after earnings, again, with recently rapid orderbook growth slowing. Source:MarketWatch
‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line?
“I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.” Source:MarketWatch
Almost half of Americans say they can’t afford to save for retirement right now
If you expect Social Security will make up most of your retirement income, you’re far from alone Source:MarketWatch
The stock market has a ‘Magnificent Seven’ problem — but not the one bears are warning about
Wall Street is terrified of a trilliondollar AI bill — but the payoff is in sight. Source:MarketWatch
SpaceX’s Starship is set for takeoff — and its floundering stock could use the lift
The megarocket’s success is SpaceX’s “single most important watch item,” one analyst says. Source:MarketWatch
The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificialintelligence critic Ed Zitron. Source:MarketWatch
UnitedHealth’s stock rallies on improved outlook for the year
UnitedHealth’s leadership pointed to “product design changes, improved medical management and better aligned pricing.” Source:MarketWatch