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Today's Summary

Gold is officially trading above $5,000 per ounce for the first time ever. 19 States and D.C. have seen price declines Seasonally Adjusted. Mervis asks several former leaders of the US scientific establishment for their views of the current situation. Iran might be able to buy time and possibly get the US to drop some of the demands. Stephen Miller, the White House deputy chief of staff and top Trump adviser, dictated the wording of a press statement. White House Press Secretary Karoline Leavitt said Noem and Lewandowski could be next on the chopping block. Unions are working on a more ambitious agenda, including a general strike. Pending sales plunged by 13.3% in December from November, seasonally adjusted, to the worst level of sales for any December on record. Consumers outspent inflation at a solid clip despite their sour mood, despite the shutdown, and despite the massive job losses at federal and state governments. Wolf Richter looks to me like the is plenty of inflation. Americans personal income rose 4.3% year-over-year in November to an annual rate of $26.4 trillion. Dividend and interest income rose by 1.7% year over year to $4.23 trillion. Social Security benefits: $1.58 trillion Medicare and Medicaid benefits. Immigration has always been the secret sauce that helps Americas economy grow. Immigration has been viewed through a social lens, void of any economic consideration. Jeffry Frieden: The second administration of President Donald Trump has remade American trade policy. Zach Buchwald, CEO and Chairman of Russell Investments, talks with Barry Ritholtz. Buchwald had a 15-year tenure at BlackRock, where he served as the head of its $2 trillion Institutional Business. He joined Russell Investments from Morgan Stanley, BlackRock and BlackRock. In Part 2, Bill McBride reviews housing inventory and sales. America remains far too violent to support the kind of pleasant urban life that Europeans and East Asians enjoy. Japan should encourage greenfield platform FDI, in which foreign companies build factories or offices in Japan to create goods and services that are then exported from Japan to a third country. Greenfield FDI is more likely to be received warmly by the Japanese public. An increase in global demand for Japanese exports can help increase the value of the yen. China has made a stunning breakthrough in Extreme Ultraviolet Lithography (EUV), the most powerful and important chipmaking technology in the world. In real terms, the Case-Shiller National index (SA) is about 10.1% above the bubble peak. Bitcoin historically crushed silver but a huge flip since 2021 has changed everything for investors. Steak n Shake has increased its Bitcoin exposure by an additional $5 million in notional value. Steaks n Shake increased its Bitcoins exposure by $10 million. Bitcoin price reclaims $90,000 level as traders digested fresh macro signals and growing momentum around U.S. dollar. Gold continues to surge to new all-time high above $5,300 per ounce, underscoring renewed demand for hard assets amid rising currency uncertainty. Dallas-based firm said it sold 1.32 million shares of preferred stock at $90 per share. Bitcoin enters 72-hour danger zone as historic supreme court battle and fed decision threaten to tank the dollar. Canada will slash tariffs on Chinese-made electric vehicles as part of a trade deal with the U.S. A7A5, a Russia-linked stablecoin, is pegged to the value of the Russian ruble, became a key vector for illicit crypto activity, particularly sanctions evasion, over the course of last year. U.S. Considers Sanctions Relief to Revive Venezuelaas Oil Output 22 hours. Winter Weather Knocks as much as 25 Bcfd off US Gas Output by Rystad Energy , cold froze� 1keySea JacketsPaul Together Robotics pharmacy DEL story 297 Yosh