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    Dow Jones Industrial Average posted 0.9% weekly gains, buoyed by consumer discretionary strength. Beginners in investing basics should track corporate guidance updates; estimates show potential revenue acceleration in key retail names through year-end. The founders wanted to create a republic that was going to be democratically inaccessible to most Americans. The argument of the book, functionally, is that if we take the steps I think we need to democratize what the founders left to us, we will have republican government surely, but a democratic republican government oriented towards representing most Americans and guaranteeing political equality. We only get there by losing our illusions about the nature of the system and why it was designed the way it was. Once we see this as a democratic encounter, we’re going to be in a better place to enact the reforms that I think we need to. The utilities sector is one of the smaller of the 11 Global Industry Classification Standard (GICS) sectors in the stock market. With a market capitalization of $1.4 trillion, utilities puts its weight in the S&P 500 at 2.3% as of mid-2024. Utilities, along with the materials and real estate sectors—the other two low-weighted components—sometimes take turns holding the bottom spot in terms of weighting. Gold prices touched $2,375/oz, an investing basics reminder of safe-haven flows during geopolitical uncertainty, potentially impacting equity market sentiment.

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