Mindblown: a blog about philosophy.

Volatility has returned to Wall Street. As of the closing bell on March 27, the stock market’s most iconic index, the Dow Jones Industrial Average (^DJI +0.11%), has officially entered correction territory (down 10.01% from its all-time closing high). While the benchmark S&P 500 (^GSPC 0.39%) hasn’t reached correction territory, the Dow is being kept…

General Douglas MacArthur quoted from an old barracks song in his farewell address in 1951: “Old soldiers never die, they just fade away.” The adage could be aptly modified today for Warren Buffett’s stepping down as CEO of Berkshire Hathaway (BRKA +1.28%) (BRKB +1.32%) to: “Old legendary investors never really retire, they just keep investing.”…

Good news: Oil traders are betting the Iran war will end fairly soon. Bad news: They’re also betting the economic damage from the war could last for years. Crude has surged above $110 a barrel, making $4-a-gallon gas and $5.40 diesel a painful reality in the United States. But when we say “crude is trading…

How close to correction territory can an index get without officially being in correction? The Dow Jones Industrial Average (^DJI +0.11%) appears to be testing the limits. The vaunted index slipped barely into correction territory (down 10% from its previous high) at the end of last week. On March 30, 2026, though, the Dow moved…

Although the United States’ offer of a peace plan to Iran was a hopeful sign that the conflict in the Middle East was heading toward a resolution, Iran’s rejection of the plan, coupled with the ongoing military action, suggests that the end to the conflict is nowhere in sight. Given restricted shipments through the Strait…

Score a win for the Chinese economy, at least according to Goldman Sachs. With global energy prices surging 50% due to the Iran war, Goldman’s strategists argue that the Chinese economy is better positioned to weather this storm than its peers — including the US. “China looks better placed than most in this oil shock,”…

Earlier this month, a leader of the agency tasked with regulating markets and protecting investors laid out the agency’s priorities, tying plans to open retirement funds to private-market investments and to boost crypto to America’s 250-year history of enabling the “pursuit of happiness.” You wouldn’t know from Securities and Exchange Commission Commissioner Mark Uyeda’s March…

Rebalance your equity portfolio with small cap mutual funds Despite the underperformance of the equity mutual fund space, small-cap funds have done well in May, outperforming large- and mid-cap peers. Investors who are underweight on small-caps are advised to rebalance their portfolios by investing in them. Small-cap funds have received better inflows compared to mid-cap…

A number of stocks fell in the afternoon session as markets reacted to President Trump’s threat to “completely obliterate” Iran’s energy infrastructure and the critical Kharg Island hub. The ultimatum raised the specter of a total energy supply shock. Notably, Kharg Island handles 90% of Iran’s crude exports. The escalating rhetoric, including potential ground force…

00:00 Josh So what you’re saying is, you got to think through a scenario where let’s say the war ends days or weeks in fairly near term, and the straight reopens, and OPEC plus increases production and then we keep pumping. And then would that what you’re saying is, would that mean, okay, we have…