The Minerals Consortium Will Result in Malinvestment

Even A 1% Bitcoin Allocation Can Drastically Reshape Portfolio Risk, Schwab Finds Authored by Micah Zimmerman via BitcoinMagazine.com, A new research note from Charles Schwab is challenging a simple question many investors still ask: how much cryptocurrency is “right” for a portfolio. The answer, the firm argues, is less about prediction and more about psychology—specifically, how much volatility an investor can realistically live with. The report focuses on exposure to Bitcoin and Ethereum, two of the most widely held digital assets. While they often enter portfolios as small “satellite” positions, Schwab finds they can behave like...

Federal Court Blocks Abortion Drug Mifepristone From Being Sent Via Mail Authored by Jacki Thrapp via The Epoch Times, Americans won’t be able to receive abortion drug mifepristone in the mail, according to a temporary ruling by the U.S. Fifth Circuit Court on May 1. “FDA conceded it had failed to adequately study whether remotely prescribing mifepristone is safe,” the three-judge panel in New Orleans ruled on Friday. The decision will block the drug from being shipped via mail until the Food and Drug Administration (FDA) can ensure the drugs are “safe and...

Futures Slide From Record As Oil Jumps On Hormuz Tanker Attacks, 30Y Yield Hits 2002 High US equity futures are sliding from Tuesday's record close as oil climbs back above $100, global bond yields resume their ascent and the AI bubble debate makes an unwelcome comeback. As of 8:00am ET, S&P futures are 0.4% lower, trading around 7,844, while Nasdaq 100 and Dow futures drop 0.6%; small caps are also under pressure with Russell 2000 futures down 0.3-0.4% as usual. On Tuesday the S&P 500 rose 0.6% to close at...