This week finally saw equities tumble in what was the most anticipated stock correction in quite a while. But the real story of the week was the collapse in gold and silver prices – there have been few places for gold bugs to find solace lately. In addition, oil tumbled and the dollar rose in a week where many markets finally seemed to remember what volatility means. It may have been a holiday-shortened week thanks to President’s Day, but it definitely wasn’t a quiet one. We’ll find out next week if this was more than just a blip in the low-volatility environment we’ve been witnessing, but until then, here’s what we’re reading headed into the weekend:
- Keeping your social media profiles alive, even after you’ve gone the grave (CNN)
- US tire manufacturer takes France-bashing to a new level (Wall St. Journal)
- The most important mineral in the world: salt (Bloomberg)
- When brain damage unlocks hidden potential (Popular Science)
- As if taxes weren’t unpleasant enough… California is moving ahead with a retroactive tax increase (CNN Money)
- Ever wonder how much ships raise the ocean level or if model rockets could take you to space? (XKCD What-If?)
