Retail Investors Just Set a Record. History Says Be Careful.

Retail investors just poured a record $48 billion into U.S. stocks in 21 days — at all-time highs. History shows similar surges in optimism often occur near major market peaks, including 1999 and 2007. With household equity allocations at historic extremes, the bigger question isn’t just how high stocks can go — but how much risk is quietly building beneath the surface.
Gold Slips Below $5K as Jobs Revisions Rattle Markets

Gold dipped below $5,000 as revised jobs data raised fresh concerns about economic momentum. Goldman says this isn’t a commodity supercycle, yet some analysts see gold heading toward $6,000 in 2026. Meanwhile, Sweden reopens its euro debate as the global order shifts.
