15% in a month… Gold is back. December futures climbed above $4,700 this morning, reaching their highest level since May. And this hasn’t exactly been a slow crawl. → +6.3% in one week→ +14.9% in one month→ +39.5% in one year That’s a pretty good month for something people usually buy when they’re nervous. But the timing is the interesting part. Here’s the story.⇩ SPONSOR BREAK presented by MarketWise* #1 Stock to Own as Trump Launches Historic Mission Backing “Medical AI” In the biggest federal push since the Apollo program that landed on the Moon… Trump is now pouring...

$1 trillion by 2030… That’s Elon Musk’s new target for SpaceX. For context, analysts expect SpaceX to generate roughly $44.6 billion this year. So getting to Musk’s number would require revenue to grow roughly 22-fold in four years. Ambitious? Very. But then we looked at who else is approaching $1 trillion. Amazon generated $716.9 billion last year. Walmart did $713.2 billion. Meaning both are already more than 70% of the way there. So we have SpaceX trying to pull off one of the fastest revenue expansions in corporate history… …and Amazon potentially reaching the same milestone...

The Speed Of Debt… The national debt crossed $40 trillion this week. But the size of the number isn’t nearly as striking as the speed we’re adding to it. Forty trillion is hard to picture. Six weeks isn’t. From 1776 to 1976 — through the Civil War, two World Wars and the Great Depression — the United States accumulated roughly $550 billion in federal debt. That took 200 years. This summer, America added roughly the same amount in about six weeks. And this week, the total pushed past $40 trillion. The chart makes the acceleration hard to miss. But the more interesting story...

Wait, The Treasury Buys Treasuries? The Treasury just announced it will at least double the size of one of its bond buybacks. Which sounds extremely boring. Until you see what happened next. Long-term Treasury yields moved lower, while equity futures moved higher. And the timing made it more interesting: Treasury had published its quarterly buyback schedule only two weeks earlier. This increase wasn’t on it. So why did markets care? Here is the story. ⇩ SPONSOR BREAK presented by MarketWise* “I called Tesla in 2019. Here’s what I’m buying now.” Everyone said Tesla...

Target vs. Walmart source:Yahoo Finance Apparently, growing faster doesn’t always win you the checkout line. Last quarter, Walmart grew revenue 7.3%. Target managed 6.7% — the slowest growth among the four big-box retailers we tracked. Then the stocks went in opposite directions. Target beat revenue, EPS and gross-margin expectations, and its shares climbed 21.7% after the report. Walmart beat on revenue too, but softer-than-expected earnings guidance helped send its shares 11.9% lower. Now we get the rematch. Target reports Wednesday. Walmart follows Thursday. And beyond who beats or...