Saudi Arabia may be just days away from not being able to export much oil
The oil exporting kingdom is now dealing with the shutdown of its EastWest pipeline. Energy prices ‘are only going to rise on the back of this.’…
CrowdStrike and Palo Alto Networks are leading software stocks toward a never-before-seen feat
The software sector is on pace to outperform the chip sector by a historic degree in the face of escalating AI fears. Source：MarketWatch
30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
The 10year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30year mortgage rate upward. Source：MarketWatch
The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source：MarketWatch
AI doomsday fears are arriving at the worst possible time for the stock market
The latest cracks in the AI trade are emerging at a particularly troubling time for investors. Source：MarketWatch
As AI companies call for a slowdown, here’s how Washington could pump the brakes
Washington is likely to move slowly, but there are catalysts that could make it act faster than expected Source：MarketWatch
Inflation is sinking your high-yield savings account’s returns. Here’s one way to fight it.
4% APYs sound good. Too bad inflation is taking a bigger bite out of those yields now. Source：MarketWatch
Why the Social Security COLA is much ado about nothing
Social Security benefits will be largely stable in real terms. Source：MarketWatch
There’s every reason to slow AI development. But here’s why it probably won’t happen.
The risks of disaster are real. But who wants to give up those massive stock valuations? Source：MarketWatch
‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
“I invested on the recommendation of an executive vice president of a major New York investment bank.” Source：MarketWatch
10-year Treasury yield briefly tops 5%, hitting its highest level since 2007 as bond-market selloff deepens
The benchmark 10year Treasury yield briefly touched the crucial 5% threshold on Monday, with oil prices marching higher, jitters about artificial intelligence…