Why I Joined Monetary Metals

"Billion Dollar Movie In One Prompt": AI Disruption Crosshairs Hone In On Hollywood Studios AI-driven equity disruption was everywhere this past week, spreading like wildfire beyond software into insurance, commercial real estate, financials, shipping, wealth management, and likely many more industries in the coming trading sessions. One industry in the crosshairs of AI disruption is Hollywood. Some of the publicly traded studios include The Walt Disney Company, Warner Bros. Discovery, Paramount Global, Sony Group Corporation, Netflix, Lionsgate, and others. On Friday, Axios reported that the Walt Disney Company sent a cease-and-desist...

President Donald Trump’s options for a war with Iran may be limited by a diminished arsenal. “Joint Chiefs Chair Dan Caine expressed concerns to Trump at the White House last Tuesday that any major operation against Iran will face challenges because the US munitions stockpile has been significantly depleted by US’s ongoing defense of Israel […]

Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But... While 'hard' data has been fading modestly in recent weeks, 'soft' survey data has bounced back but today we get a first glimpse at February's PMIs from S&P Global to see if that survey-based confidence is continuing. It is not as both Manufacturing and Services PMIs dropped notably., Flash US Services PMI Business Activity Index: 52.3 (January: 52.7). 10-month low. Flash US Manufacturing PMI: 51.2 (January: 52.4). 7-month low.    Source: Bloomberg Overall that dragged the US Composite PMI down...