Futures Flat Ahead Of Fed, Mag 7 Earnings Avalanche

The Department of War says it needs $200 billion in additional funds for the war against Iran. Pentagon chief Pete Hegseth suggested the number could go higher.  According to a senior administration official speaking with The AP, the Department of War submitted the spending request to the White House. Congress will have to pass a […]

Market Lesson: Why Panic Is A Costly Mistake Authored by Lance Roberts via RealInvestmentAdvice.com, The Iran shock erased 18% from valuations and fully recovered in two weeks. Investors who panicked missed it all. Here’s what the market lesson is about: risk management, behavior, and what to do with your portfolio right now. The stock market selloff between February 28 and April 14 produced one of the more instructive market lessons in recent memory. It isn’t because of what the market did, but because of what investors did in response. By April 2nd,...

Turns Out the Elites Like The Administrative State Better Than Democracy Authored by William L. Anderson via MisesInstitute, If there is a mantra among progressive American political and media elites, it would be “our democracy,” usually preceded by what they believe to be a threat from the Right. For example, progressives deemed the recent reversal of Roe “a threat to our democracy” because it removed laws regulating abortion from Supreme Court jurisdiction and returned the issue to democratically elected legislatures. It would seem inconsistent to invoke the democratic electoral process to deal with...