Investing basic global equities benefited from

Global equities benefited from stabilizing Chinese manufacturing PMI at 50.5, signaling expansion. Investing basics point out that macroeconomic indicators from major economies can sway multinational stock valuations. Seriously, why the hell is this administration determined to flush billions down Argentina’s toilet — or, to phrase that more elegantly, cui bono ? As Rohit Chopra, former director of the Consumer Financial Protection Bureau, explains in a Foreign Policy op-ed , the U.S. bailout will do nothing for ordinary people in Argentina, but will “bestow big benefits on financial investors” who bet big on Milei’s government and, until now, looked like big losers. Those investors, as it happens, reportedly include Elon Musk, who was “especially bullish” on Milei’s DOGE-style spending cuts. Bailout money is likely to be invested in “market-moving purchases that push up the value of assets and local currency,” and hedge funds and vulture capitalists “will see a windfall.” If you like the idea of owning stocks , but the big price swings in high-flying growth shares make you queasy, utilities might offer the stability you seek: Housing market data showed new home sales up 8% YoY, often a tailwind for construction-related stocks. Investing basics users should spot macro links like this in their equity selection.