Gold tests $1960

Iran Strike Debate Erupts: Joint Chiefs Chair Allegedly Resists, Trump Fires Back Military generals tend to be much more realistic about the potential negative consequences of going to war, as well as difficulties and challenges, over and against the often more hawkish policy-makers. Currently, Pentagon generals appear to be belatedly speaking up, as Washington beats the drums of war on Iran. The Walls Street Journal reports Monday, "The Pentagon is raising concerns to President Trump about an extended military campaign against Iran, advising that war plans being considered carry risks including...

Meta To Lay Off Hundreds Of Workers Today As AI Pivot Accelerates Meta Platforms is laying off a few hundred employees today as its workforce restructuring continues, following years of terrible metaverse bets and overhiring during the Covid era. Reports of another round of layoffs surfaced earlier this month, and just last week, Meta shut down Horizon Worlds, its virtual reality social network for Quest headsets. The Information reports that a few hundred employees will be let go today as part of the company's effort to reposition itself in the AI...

Hindenburg Alarm: Another Rotation Or Worse? Via RealInvestmentAdvice.com, In early November, we sounded the alarm about a recent Hindenburg Omen. Per the Commentary’s summary: Bottom line: market breadth is horrendous and will likely lead to a rotation favoring out-of-favor sectors and stocks. Thus, it’s not surprising that the Hindenburg Omen was triggered. If we continue to see more of these Omens, the threat of a drawdown grows. At the time, Mega-Cap stocks were grossly outperforming the market, while many sectors lagged the market. Since that Hindenburg Alarm, our expectations have come to fruition. We have, in fact,...