SpaceX IPO: The Market Terms Behind a Historic First-Day Pop
SpaceX's IPO was not just large. Its valuation, allocation, price discovery, key-person risk, index inclusion, and first-day pop made it a market event.
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SpaceX's IPO was not just large. Its valuation, allocation, price discovery, key-person risk, index inclusion, and first-day pop made it a market event.
A 2026 update on inflation and the national debt, comparing the low-rate housing-crisis aftermath with today's higher-rate, higher-debt economy.
Gold is supposed to benefit from fear, but today stocks and gold fell together as a strong jobs report pushed investors toward higher-rate expectations, cash-like safety, and the dollar.
The May 2026 jobs report was stronger than expected, shifting the interest-rate conversation away from cuts and back toward inflation risk.
A 2026 update on whether the economy may avoid recession soon, with labor market, GDP, industrial production, and leading indicator charts.
More reasons it will happen than won't
There are plenty of reasons to be positive.
It is approaching
Inflation makes paying it off easier
If a couple is only allowed to place $10,000/year into an IRA, how is it that Mitt and Ann Romney's
We have to answer this question first
A recommendation to watch Inside Job for a clearer explanation of the financial crisis.
Defining it a little more
Half a million in two years.
It will prevent a lot of heartache
A note on Bernie Sanders, Occupy Wall Street, and the choices made during the banking crisis.
What's next?
A documentary note about easy credit, weak oversight, and the housing collapse.
Volatile times
A dangerous time.