"In Uncharted Waters": The SpaceX Lockup Expiration Begins

New Warning Sign: 1 In 4 Workers Have Cut 401k Contribution Rate Another light on America's economic dashboard is blinking red, as money-pinched workers are cutting their 401k contribution rates. The news follows our earlier report on hardship withdrawals from the cornerstone retirement savings accounts hitting a record high. Critically, these numbers don't reflect what workers are doing right now -- amid war-driven gas price-hikes and worries about the economy.  According to new data from Dayforce's State of Retirement Savings 2026 report, in 2025, Americans trimmed their contribution rates to 401k and similar...

The Rarest Asset In A Fourth Turning: The Freedom To Act Authored by Chris Macintosh via InternationalMan.com, The Fourth Turning does not end with a return to the prior equilibrium. It ends with a new order - better or worse, depending on which forces prevail in the decisive battles of the crisis era. Those battles are being fought now, across domains: monetary (the BRICS challenge to dollar hegemony, the rise of non-dollar settlement, the emergence of digital currencies), geopolitical (the realignment of the Middle East, the unravelling of the post-Cold War security architecture),...

UBS Sees Copper As "Highest-Conviction" Theme, Names Four Miners To Ride Supply Squeeze Copper futures in London closed near record highs to end the week, as desks at JPMorgan and Deutsche Bank have recently warned that dwindling global supplies of the industrial metal could produce another leg higher. Théa Ziegler, a member of UBS' US equity advisory sales team, wrote in a note on Friday afternoon that "copper remains one of the highest-conviction commodity themes." Ziegler said demand from electrification and data-center construction is expected to outpace supply growth and support high prices,...