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World News

Friedman Was Right, Just Mostly Misquoted

Milton Friedman’s famous one-liner that anchors half the debates on financial television leaves out the part where the actual economics live. Once you put it back in, the doomist case gets a lot smaller. Per Bylund recently wrote a…

The #1 Question Most Traders Ask Too Late

Ask a trader how much they expect to make on their next trade, and the answer usually comes fast. Ask how much they are willing to lose, and suddenly there is hesitation. That pause tells you everything. Traders Think About Profit First…

US strikes Iran after attack on cargo ship

The US military has conducted strikes on Iranian targets after President Donald Trump accused Iran of a "foolish violation" of its truce following an attack on a cargo ship in the Strait of Hormuz. US Central Command said it had struck…