Economy
Prepare for $7 Gas
Drivers best start bracing for another surge in gas prices amid the conflict between Russia and Ukraine and years of under-investment by the oil industry, warns one veteran energy strategist.
The ARK ETF Selloff Looks a Lot Like the Dot-Com Bust. History Says It Gets Worse.
The Nasdaq Composite index—a proxy for the U.S.-listed technology sector—is firmly in correction territory. Nowhere is the pain more pronounced than in stocks with sky-high valuations made less palatable by higher bond yields, and among the funds that own them. Investors in exchange-traded funds like those run.
Homebuilders are feeling the pinch — and it’s not just higher prices
Homebuilders are facing their own basket of inflation, which is making it more costly to construct a new home. Lumber prices over the past year added over $18,600 to the average price of a new single-family home: NAHB.
Health
Payouts begin under Australia’s vaccine injury claims program
Australia has begun paying out compensation for adverse reactions to Covid-19 jabs, but there’s a harsh reality for those seeking to apply.
Resilience
‘Zero-Click’ Hacks Are Growing in Popularity. With Governments
With people more wary than ever about clicking on suspicious links in emails and text messages, zero-click hacks are being used more frequently by government agencies to spy on activists, journalists and others, according to more than a dozen surveillance company employees.
More Russian troops size at Ukrainian border not less
“We have seen the opposite,” State Department press secretary Ned Price told reporters Wednesday. “In recent days more Russian forces — not fewer — are at the border, and they are moving … into fighting positions.”
The post Daily Digest 2/17 – $7 Gas; New Dot Com Bust; Not Just High Prices Hitting Homebuilders; Vax Injury Payouts in Australia; Zero Click Hacks Popular with Govts.; More Russian Troops appeared first on Peak Prosperity.
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