I wrote up my five favorite investing ideas in Mexico after spending three weeks there. If you like money, have a look.

• Fed Chair Powell emphasized caution on interest rate cuts, signaling a careful approach despite market anticipation.

  • Powell told Congress the Fed focused on data and inflation trends before considering rate reductions, hinting at potential cuts "sometime this year".

  • “We think because of the strength in the economy and the strength in the labor market and the progress we’ve made, we can approach [moving on rates] carefully and thoughtfully and with greater confidence," said Powell.

  • The market reacted positively, with the Dow up more than 250 points as Powell's comments reassured investors.

• The US House passed a bipartisan spending bill to prevent a government shutdown.

• Nikki Haley withdrew from the Republican presidential race, urging Donald Trump to earn the support of her backers.

📈 Trends you need to know

Ideas, trends, and analysis

• Grain market watchers suspect a potential rally in wheat, corn, and soybeans.

• India's economic surge has attracted record ETF inflows.

• CEO optimism suggests a robust U.S. economy, with plans for increased sales and capital investments.

• Insider selling spikes in AI sector as Nvidia and others see stock prices soar.

• Several comeback stocks, ready to rebound from recent setbacks.

• Stocks built for a long-term relationship with your portfolio.

🌍 Global Perspectives

• 🇺🇦🇬🇷 A Russian missile narrowly missed Ukrainian President Zelensky and Greek PM Mitsotakis in Odesa, killing five.

• 🇬🇧 UK's latest budget announcement projected modest economic growth and introduced tax cuts.

• 🇸🇩 Sudan faces the world's largest hunger crisis, affecting over 25 million.

• 🇵🇸🇿🇦 A Gaza ceasefire appears possible, with South Africa requesting World Court intervention.

• 🇹🇩 Chad teeters on the edge of regional destabilization after Mahamat Deby's election bid and the killing of Yayo Dillo.

• 🇮🇳 Indian men claim they were tricked into fighting for Russia in Ukraine.

• 🇳🇬 Suspected Islamist militants conducted the largest mass abductions in northeastern Nigeria since 2014.

📊 Income

• Why dividends should only be one part of your investing strategy.

• Oil's rise to $80 ignites interest in five energy stocks with dividends up to 9.40%.

• Kraft Heinz's 4.6% dividend remains secure despite a 15% drop in net income.

• Verizon's 6.7% dividend yield marks 29 years of growth.

• Undervalued by 17% and offering a 4% yield, one of the largest regulated utilities in the United States is poised for growth.

📊 Crypto

• Bitcoin actually failed to top its all-time high, when adjusted for inflation. [Ed: this guy is probably super fun at parties]

• Crypto stocks rebound following Bitcoin's recovery.

• Is 100k the next ceiling?

• CFTC Chair Behnam calls for urgent crypto regulation under the Financial Innovation and Technology for the 21st Century Act.

• The Middle East positions itself as a future crypto hub.

🧠 Errata

• A quarter of Americans consider state secession. Alaska wants out the most.

• This hotel targets insomniacs, offering a guaranteed night's sleep for $1,780.

• Scientists edge closer to bringing woolly mammoths back from extinction.

• The new federal budget reveals $12 billion in earmarks, funding everything from parades to kayaking facilities.

• Watch out for a side of lead poisoning with your cinnamon.

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt