If tariffs are inflationary, should tariff refunds be deflationary?

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BREAKING: China’s central bank officially added +20 tonnes of gold in July, its largest monthly purchase since October 2023.

This follows +15 tonnes and +10 tonnes acquired in June and May, respectively, and marks their 21st consecutive monthly increase in gold reserves.

Year-to-date, China has officially raised its gold reserves by +60 tonnes, bringing its total gold holdings up to a record 2,366 tonnes.

Meanwhile, China’s central bank has reportedly been moving more of its gold reserves from London to Hong Kong, signaling support for the city’s push to become a major global gold-trading hub.

The relocation is set to continue as Hong Kong launches a new gold-clearing system aimed at making the city a bigger center for global gold trading and pricing.

China’s appetite for gold remains incredibly strong.

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Sophie Cunningham is bravely STANDING UP for women's sports...

And female athletes are smacking her in the face for it.

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Wall Street is paying less attention to the Magnificent 7:

Monthly mentions of the "Magnificent Seven" across news stories on the Bloomberg terminal are down to ~1,400, near the lowest since Q4 2023.

This marks a -70% decline from the Q1 2024 peak of ~4,300 mentions, which came shortly after the term was introduced in 2023.

A similar pattern occurred with the "FANG" and later "FAANG" labels, originally referring to Facebook, Amazon, Netflix, and Google before Apple was added.

Monthly mentions of "FANG" and "FAANG" surged to a record ~2,800 in Q4 2018.

Subsequently, they dropped -82%, to just ~500 mentions by early 2020.

Investor attention has shifted away from the Mag 7.

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I still watch this sometimes just to remind myself that immigration for immigration’s sake is one of the dumbest ideas America has ever adopted

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Why do black WNBA players keep assaulting and attacking white WNBA players?

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Liberals will see black women absolutely clothesline other women, look at you straight in the eye, and still say white privilege is the biggest problem in America

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NEW - Kellogg says it's removing artificial dyes from cereals by the end of this year

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If she hates white people so much, why is she appropriating white people and wearing a blonde wig?

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