In Scott Bessent vs. The World, Can ‘The House’ Ever Win?
The Treasury secretary is fighting rising rates across the G7. But there’s a battle he can win, and it could create a win-win scenario for investors too.
Chart of the Day: Berkshire Cash
With a record $397 billion of cash, Berkshire Hathaway ($BRK.A) ($BRK.B) can buy all but 26 of the constituent members of the S&P 500:
Position: None
Mag 7 Down $2.3T!; The SpaceX IPO Order Mystery; Semis Spring Back
Let’s check how far the Magnificent 7 market cap fell in June, a strange Korean broker drama, and Warren Buffett’s caution on Gates Foundation.
Iran Walks? U.S. Manufacturing Up; Meet the $3.5 Trillion IPO Club!
Let’s check latest in Iran talks as deal appears to stall; manufacturing’s apparent comeback, and sort through the mega IPOs.
New Price Target for Micron After Monster 600% Run
How much higher will Micron shares fly? Let’s go to the charts.