Biden versus Bastiat

Calm Market Waters Hide Fierce Undercurrents Authored by Michael Lebowitz via RealInvestmentAdvice.com, The price movement in the broad S&P 500 index is relatively calm. Yet the market’s undercurrent, as measured by sharply diverging returns across stock sectors and factors, is anything but calm. The current market picture we paint is well embodied by a quote from Jules Verne in 20,000 Leagues Under the Sea. “The sea was perfectly calm; scarcely a ripple disturbed its surface. But beneath this tranquil exterior, powerful currents were flowing with irresistible force.” Given this divergence between the calm...

Indonesia is preparing 1,000 troops to deploy to Gaza as part of a potential peacekeeping force by April, a spokesman for the country’s military told Reuters. Indonesia has said it could potentially deploy a total of 8,000 troops to the besieged Palestinian territory, and the spokesman said the full force will be ready by June. […]

President Donald Trump announced that the Board of Peace had received $5 billion in donations for Gaza aid and reconstruction. The President also repeated his demand that Hamas disarm.  Trump wrote on Truth Social Sunday that the Board of Peace “will announce that Member States have pledged more than $5 BILLION DOLLARS toward the Gaza […]