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Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump
Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump
While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday's momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all...
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Mar 21, 2026 / Ali Hashemifara
The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods
If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
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Sep 10, 2026 / Dave DeCamp
Three Killed by US Bombing of Alleged Drug-Running Boat in the Caribbean
US Southern Command said in a statement that its forces bombed an alleged drug-running boat in the Caribbean on Thursday, killing at least three people. SOUTHCOM called the people it killed “narco-terrorists,” a term the Pentagon has employed in its attempts to justify what are extrajudicial executions for an alleged crime that doesn’t receive the […]
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Jul 28, 2026 / Tyler Durden
New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump
New British Defense Secretary Says Europe "Shaken Out Of Complacency" By Trump
Authored by Guy Birchall via The Epoch Times,
Newly appointed British Defence Secretary Wes Streeting said on July 26 that Europe will one day thank U.S. President Donald Trump for “shaking us out of our complacency” on defense spending.
Speaking to British broadcaster Sky News, Streeting said that he genuinely believes “when this period of history is written, Europe will thank President Trump for shaking us out of our complacency and forcing us to stand on our own two feet...
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