From miners to chipmakers, the state is taking direct equity stakes, and that reshapes who wins and how.
Deep Dive
Solar panels, electronics, and EVs now consume nearly half the silver mined, and supply cannot keep pace.
Replacement cost is the price to rebuild an asset today, and for real things it keeps climbing fast.
Asset prices have outrun wages for two decades, and the gap compounds faster every year money expands.
A move this big in the dollar resets the price of gold, stocks, and everything you hold.
Weekly Review
Federal contracts and regulation now move markets more than earnings; we explain how to see it coming.
Founders and early backers are locked in for months after an IPO; what they do next is the real signal.
The top ten names are near double their historic weight, and most index owners have no idea.
