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Psychedelic stocks jump as high as 40% after Trump supports using drugs like LSD for mental health
An executive order aims to speed up how quickly psychedelic drugs for mental illness can move through the regulatory process. Article Attribution | Read More at Article Source
‘Some stocks have risen, but others have flopped’: I will soon inherit my parents’ $1.5 million estate. Do I fire the adviser who charges a 3% fee?
“This broker does not achieve returns better than the S&P 500.” Article Attribution | Read More at Article Source
AST SpaceMobile’s stock is falling after failure of Jeff Bezos-backed satellite launch
Blue Origin successfully launched AST SpaceMobile’s satellite to orbit, but it was at the wrong altitude. Article Attribution | Read More at Article Source
Not just ‘complacency.’ Here’s why asset markets are so resilient when it comes to energy shocks.
Deutsche Bank strategist Henry Allen says markets and investors are right not to overreact to the Iran war. Article Attribution | Read More at Article Source
The S&P 500 has blown past 7,000 in an epic comeback rally. Here’s why it can keep going.
The Iran war may or may not be nearing a conclusion. But as far as the stock market is concerned, it’s no longer been worth worrying about. Article Attribution | Read More at Article Source
Global oil prices climb back above $95 a barrel after Iran closes Strait of Hormuz again and says ‘no plans’ for new peace talks
Oil futures were rising again after uncertainty was thrown over when shipping may return to normal levels through the Strait of Hormuz and whether peace talks between the U.S. and Iran are even taking place on Monday. Article Attribution | Read More at Article Source
Psychedelic stocks rally with Trump’s support
An executive order aims to speed up how quickly psychedelic drugs for mental illness can move through the regulatory process. Article Attribution | Read More at Article Source
USA Rare Earth is taking on China, with a $2.8 billion move into Brazil
USA Rare Earth will buy Brazil’s Serra Verde, which is seen as representing more than half the non-China heavy rare-earth element supply. Article Attribution | Read More at Article Source
SocGen benchmarked the Iran war to every crisis since 1956. Here’s when oil prices return to normal.
Analysts at Societe Generale forecast full normalization to occur toward the end of the year Article Attribution | Read More at Article Source
The narrow foundations of the current rally — one company is responsible for half of S&P 500 earnings revisions
Talk about a narrow foundation: one company is responsible for half of the increase in S&P 500 earnings expectations since the Iran war started. Article Attribution | Read More at Article Source
The real meaning of UAE reportedly requesting a dollar swap line
The U.nited Arab Emirates has formidable reserves and holdings of U.S. Treasurys that make a financial crisis after just seven weeks of war improbable. More likely, the Emiratis are sending diplomatic and economic signals to the U.S. and China Article Attribution |...
Why a $33 billion stock market buying spree is now winding down
Goldman has been warning that the latest leg higher for stocks is “a bit much,” and that a big wave of buying could be about to slow. Article Attribution | Read More at Article Source