From the US Market Desk: Now What?

Published on May 20, 2026

Chris Galipeau discusses high-conviction insights that go beyond media headlines.

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Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines

May 20, 2026
That Buffett cash hoard has also created a lot of speculation, innuendo, and assumptions, which is what I want to walk through in today’s discussion. Primarily, what that cash hoard actually represents, the popular theories explaining it, and what it really costs shareholders to hold.

Oil Prices Spill Over

May 20, 2026
Nineteenth-century oil processing plants used simple, column distillation of crude oil to produce kerosene, which was in high demand for lighting lamps. The process also yielded a dangerously flammable byproduct called gasoline which had no obvious use.