Here’s some surprisingly good news for the stock market this midterm election year
There is a strong historical pattern of postmidterm strength. Source：MarketWatch
A massive ‘corporate welfare’ program is underway — and consumers want a bigger cut of it
Tariff refunds have been flowing back to companies since President Donald Trump’s levies were rejected by the Supreme Court. Source：MarketWatch
‘She’s desperate’: My friend was laid off and lost her health insurance. How can she find affordable coverage?
“She looked into COBRA, but the cost is absolutely ridiculous.” Source：MarketWatch
This has been one of the most affordable U.S. cities to buy a home for the past 134 years
Home prices in America have changed dramatically over the last century — but the Midwest has remained a bastion of affordability through it all.…
Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust…
How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days
Treasury buybacks are not QE, analysts said, but the move helped pull longterm yields off 19year highs and triggered a record short squeeze in a market already…
Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within…
Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the…
Former JPMorgan exec takes on Social Security advisory role
Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports. Source：MarketWatch
Bitcoin seeks support near $77K as BTC, gold near 100-day highs
Bitcoin volatility eased after BTC hit its highest level since midMay, while gold joined the cryptocurrency in approaching threemonth highs.…
Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count. Source：MarketWatch
The Treasury, the Fed and the threat to your money
Also in Weekend Reads: The Gen Z online sportsbetting trend, what’s next for Apple as Tim Cook exits, and a bullish take on Nvidia heading into earnings.…