Daywatch: Illinois soybean farmers struggle with trade war and rising costs
Good morning, Chicago.
On his family’s more than century-old farm in Greenville, Scott Gaffner brought in his soybeans this fall much like any other year. But, like thousands of other farmers across Illinois and the country, he began harvesting crops in September without a single order from China, the world’s largest buyer.
Soybeans are Illinois’ largest agricultural export,
» Read more about: Daywatch: Illinois soybean farmers struggle with trade war and rising costs »
Read MoreStock Market Live November 28: S&P 500 (VOO) Rises on Black Friday Despite Trading Glitch
© namussi / iStock via Getty Images
This article will be updated throughout the day, so check back often for more daily updates.
Futures trading was suspended on the Chicago Mercantile Exchange Friday morning after the exchange said “a cooling issue at CyrusOne data centers” in Chicago forced a halt to trading.
Can an AI “supercycle” really drive the S&P 500 to 7,500?
CNBC reported that the S&P 500 is up 15 percent year to date as investors have piled into AI-linked names. Those stocks recently sold off on valuation worries, but most remain sharply higher for the year.
Lakos-Bujas acknowledged those concerns, writing that “despite AI bubble and valuation concerns,
» Read more about: Can an AI “supercycle” really drive the S&P 500 to 7,500? »
Read MoreMF, SIF exposure to REITs to be classified as equity investments from 1 January
Any mutual fund or specialized investment fund (SIF) investment in real estate investment trusts (REITs) will be considered an investment in equity-related instruments starting 1 January 2026.
The Securities and Exchange Board of India (Sebi), in a circular on Friday, however, exempted existing investments in REITs as of 31 December 2025 from the new rules.
» Read more about: MF, SIF exposure to REITs to be classified as equity investments from 1 January »
Read MoreStock market today: Dow, S&P 500, Nasdaq step higher as Wall Street regains its footing
The Burst
In 35 Days, The Stock Market Will…
Some forecasters are more famous and some are infamous. Martin Armstrong may well fall more into the latter than the former category. He is the creator of the Economic Confidence Model and has a storied past, including battling the government.
As the narrative goes, Martin built a software that could accurately identify major market trends and turning points,
» Read more about: In 35 Days, The Stock Market Will… »
Read MoreThe Ivy
Why Is Warren Piling Into This Monster Insurer?
Imagine a business that has quietly dominated its industry for decades, steadily outperforming its rivals while keeping an impeccable balance sheet.
Add to the fact that it has thrived during economic downturns and periods of rising interest rates when its peers faded.
In recent years, it’s seen its earnings surge, boosted by both disciplined underwriting and a strong investment portfolio.
» Read more about: Why Is Warren Piling Into This Monster Insurer? »
Read MoreThe Spotlight
Is It Finally Time To Buy Block?
Until December 1, 2021, Block (SQ) was known by its original name, Square. The company, founded in 2009, had spent more than a decade developing payment systems that helped individuals and small businesses exchange money. The Square payment platform is still one of Block’s most popular products. The small device can turn practically any smartphone or tablet into a point-of-sale system that accepts credit card payments.