Mindblown: a blog about philosophy.

“Rare earths” and “5% US Treasury yields.” At first glance, these two pieces of news seem completely unrelated, but in fact, both are themes concerning the “foundation” of the global economy. Rare earths are essential resources that support the AI, EV, and defense industries. And US Treasury yields are said to be the benchmark that…

For the past few years, investors could hardly go wrong simply putting their money into the economy’s biggest companies. The Magnificent Seven stocks — Nvidia, Microsoft, Apple, Amazon, Meta Platforms, Alphabet, and Tesla — were almost single-handedly pulling the S&P 500 higher, and investors consistently chased them. This year has been a different story. The…

Constitution Capital Partners has appointed retirement industry veteran Rich Schainker as Managing Director as the approximately $7.8 billion alternative asset manager expands its defined contribution capabilities. Schainker will focus on expanding Constitution Capital’s presence in the defined contribution market following the launch of the Constitution Capital Horizon collective investment trust. Horizon is designed to bring…

The Federal Reserve raised interest rates for the first time since July 2023 on Wednesday, and the S&P 500 (^GSPC +0.17%) immediately dropped. It rose again before the day was over, but it’s been steadily declining over the past month since hitting a high in mid-August. There are a number of reasons for the fall,…

Nearly 10 years ago, Warren Buffett told Berkshire Hathaway (BRKA -0.04%) (BRKB +0.11%) investors that he had made a mistake for not buying Google when he had the opportunity many years earlier. He had become quite familiar with the business because GEICO, Berkshire’s consumer insurance company, was paying $10 or $11 per click for advertising…

ARK Invest CEO Cathie Wood is one of the most bullish investors in the Bitcoin (BTC) ecosystem. So, when a podcaster referred to the cryptocurrency as a “dead cat,” she didn’t hold back. Wood is one of the earliest institutional investors in Bitcoin who once revealed that ARK Invest was the first public asset manager…

Many people are aware that costs are rising across the board, including on everyday essentials like gas and groceries. While some are blaming factors like tariffs and the war in Iran, others say that inflation is behind the increases. As a result, the Federal Reserve (Fed) has announced that it has approved an interest rate…

Key Highlights Table of Contents The Dow Jones Industrial Average dropped 0.2% on Friday, marking its third consecutive weekly decline. The S&P 500 edged up 0.2%, and the Nasdaq Composite advanced 0.4%. The 10-year Treasury yield finished the week hovering just under the 5% threshold. This week saw the Federal Reserve implement a 25 basis…

Stock chart with arrow going up and bubbles ©Adobe Stock Images Capital Economics has outlined the potential consequences of a collapse in artificial intelligence-related stock valuations, forecasting substantial declines in global equities, limited gains in some government bonds and a weaker US dollar. In a note published this week, chief economic adviser John Higgins said…