Laughing Water Capital, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The second quarter was exceptionally good for the portfolio, with Class A investment in Laughing Water Capital returning approximately 39.8% net of all fees and expenses, bringing the YTD return to approximately 33.6% net….
Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for final demand falling 0.3%. It marked the first time the index has moved lower on a monthly basis since August 2025. And the June pullback in wholesale prices came before the ceasefire between the U.S. and Iran…
Bitcoin (BTC-USD) opened at $64,974.75 on Wednesday, July 15, 2026, up 4.4% from Tuesday’s open. The price of bitcoin eased to $64,621.97 as of 8:07 a.m. ET this morning. Ethereum (ETH-USD) opened at $1,889.97 on Wednesday, July 15, 2026, up 6.6% compared to Tuesday’s opening price. Ethereum prices this morning shifted to $1,881.39 as of…
Airbnb spent fifteen years trying to put hotels out of business. Now it’s selling hotel rooms. That’s not a headline anybody ran with, but it’s the most important thing happening at this company. Airbnb (ABNB) has been quietly rebuilding a dedicated hotel operation, hiring hotel executives to run it, and piloting with boutique and independent…
Silver September (SI=F) futures opened at $59.04 today, Wednesday, July 15, 2026, down 0.1% compared to yesterday’s opening price. The price of silver is moving even lower this morning, reaching $58.45 as of 7:56 a.m. ET. Silver prices seem unable to crest above $60 an ounce for an extended period, especially as the U.S. and…
Gold August (GC=F) futures opened at $4,059.80 this morning, Wednesday, July 15, 2026, down 0.2% compared to Tuesday’s closing price. The price of gold is falling this morning, moving down to $4,035.40 as of 7:41 a.m. ET. U.S. airstrikes have targeted Iranian military sites for the fourth day in a row this week in retaliation…
After yesterday’s U.S. CPI report, the market has entered its next critical phase. The softer inflation backdrop reinforced expectations that the Federal Reserve could become less restrictive, weighing on the U.S. dollar and allowing USD/CAD to break decisively below the 1.4150 support zone. The technical picture has shifted from range-bound trading to a bearish corrective…
Effective immediately, the 2026 budget is available in electronic format on the website of the Federal Finance Administration (FFA). The hard copy will be released in mid-September. Following the Federal Council’s announcement of the figures for the 2026 budget on June 25, 2025, the detailed budget is now available. During its meeting on August 20,…
The Macro Picture 🗺️ ZEC went through a violent structural reset — the late-May $685 highs collapsed in a single wick to $250 before buyers stepped in hard. That kind of capitulation flush is exactly what carves durable floors, and what followed proves it: price built a base above $400 and has since ripped higher…
Market View Japan 225 is currently trading around the 68,400–68,500 area on the 4H chart. After a strong rally into the 72,000–73,500 region, the index lost momentum and moved into a corrective range. Price has since been rotating between support around 66,000–67,000 and resistance near 69,000–70,000. The latest price action shows that buyers are trying…
End of content
End of content