August 6: World Food Prices Spike, Best year stocks in 26 years, Chinese Bio Lab found in California (Recap Ep239)

In the stock market, an impressive performance was witnessed with the best July performance in 26 years, dating back to 1997. However, analysts are anticipating a 7.1% earnings decline from a year ago, signaling a third consecutive quarter of falling profits. In the cryptocurrency realm, Kenya suspended the Worldcoin ‘eyeball scan’ crypto project due to safety concerns, reflecting the growing regulatory scrutiny surrounding digital currencies. Commodities experienced significant fluctuations, with world food prices seeing the most substantial increase in 1.5 years. Oil [...]