Dan Ives goes bullish on SpaceX, touting reusable, super heavy Starship rocket as linchpin for success
Original Report
The rocket and satellite communications manufacturer first soared, and then fell back toward its $135 debut price in June.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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Wednesday assorted links
1. Florida drivers speed up after a close NFL home team loss. No such comparable effect for the NBA. 2. “We’re rebuilding MRU’s learner and teacher platforms, and we build with AI agents from the...
GM reports 4.2% decline in Q2 U.S. sales as EV demand falls
General Motors' second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.
One Almost-Goldilocks Report
While we wait for the jobs data.
Fed Chief Kevin Warsh declines to hint at July rate decision, but says inflation 'too high'
The Fed chairman joined a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.