Postcards: Reuters, Musk, and Emotions...

Today's Reuters report on Tesla drew many emotional responses from shareholders and traders... and suddenly went from "struggling automaker" to an indictment around the financial media. Why?

Market Update: A low-volume, one-day rally on an earnings report showing many government jobs. All hail Keynesianism. Perhaps that’s why gold is now at $2,350 and remains part of our Hedge of Tomorrow argument. After a four-day sell-off, this wasn’t shocking. The trend still features heavy selling across the small-cap universe, technology, and cyclical space. Stay on guard. This isn’t over. The CPI comes soon.