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Showing posts with the label investing strategy

My AC Has Been Running for 11 Days Straight. I'm Scared to Open My Electric Bill.

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AI Image   By Gemma I haven't turned my air conditioner off since June 23rd. Not once. Not even at night when it cools down slightly. Because it doesn't cool down. Not this summer. Not on the East Coast in July 2026, where temperatures have been sitting above 95°F for nearly two weeks and the forecast shows no meaningful relief until next week at the earliest. My AC runs. My bill climbs. And somewhere in my mailbox, an envelope is waiting that I'm genuinely not ready to open. Here's what's actually happening to the US power grid right now. PJM — the largest power grid operator in the US, serving 13 states and Washington DC — declared an emergency this week. Spot wholesale electricity prices in the region surged beyond $2,500 per megawatt hour. For context, the normal price when the grid isn't in distress is about $40 per megawatt hour. That's not a typo. Prices jumped from $40 to $2,500. In a week. Power prices from New York to Virginia are surging a...

Over $1 Trillion Wiped Out in a Single Day — And Now I’m Watching India Closely

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When I saw the news that over one trillion dollars had been erased from the US stock market since it opened, I stopped for a moment. This was not because big swings in the market are rare. It was not because I was surprised by the volatility. It was because of what usually happens next. When the US marketmakess a move, other markets around the world do not just watch. They react. As I sit here looking at the numbers and charts,s I keep thinking about one thing: Is tomorrow going to be a day for India? Let me explain why this question is important. What Does “$1 Trillion Wiped Out” Actually Mean? When people hear that one trillion dollars was lost, st it sounds like the end of the world. I have learned that news headlines often do not give us the whole picture. This does not mean that one trillion dollars in cash just disappeared. It means that the total value of companies on the stock market went down by that amount. In words, RDS people are not as confident in the market as they were ...