Major stories developing on the global economic front, including: Bridge Collapse Creates Cargo ChaosUS Fueling Changes in Oil MarketsChasing the Gold RushThe Truth Hurts: Trump’s IPO FlopNavigating Trouble BridgewatersThe Rate-Cut Rollercoaster ContinuesSomething in the Way Xi MovesPhone DiplomacyTesla Gets a China ShockInvestors Exploring All OptionsFinWeekly has the latest updates on top market topics and other financial news: Following the bridge collapse in Baltimore harbor, East Coast ports are adapting to the influx of diverted cargo, with the long-term supply chain impacts remaining uncertain. Meanwhile, US oil suppliers are capitalizing on global market shifts caused by Russian and Venezuelan oil sanctions, with exports surging to India and Europe. Gold prices hit record highs before retreating, influenced by US factory data and monetary policy anticipation. In stocks, Donald Trump's net worth plummeted by $1 billion after Trump Media & Technology Group’s steep decline following its over-hyped IPO. Bridgewater's new CEO initiates a major overhaul, aiming to revitalize the firm after Ray Dalio's departure. Fed rate cut expectations shift following strong manufacturing data, while speculation surrounds potential PBOC policy changes. President Biden and Xi Jinping’s phone diplomacy could impact trade, security, and climate change policies. Chinese automakers respond to Tesla's market shake-up with incentives, reshaping global EV dynamics. Finally, we’re unpacking investors’ uncertainty about the stock market's future, reflected by recent moves in the options market. Tune in for insights into these dynamic economic trends shaping our world. Disclaimer: BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information. Support the Show.