Gold and Silver Pullbacks Temporary

Published on June 13, 2026

The current economic downturn is best described as hybrid and structurally driven. It leans heavily on demand constraints, though it is triggered and complicated by ongoing supply shocks.

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NYC Pensions Seeks Bids for Index Funds Run by BlackRock, State Street

June 13, 2026
New York City’s pension system said it’s seeking bids for roughly $92 billion of stock index-tracking funds now overseen by BlackRock Inc. and State Street Investment Management.

Brightline West Moves Ahead With New Railway Infrastructure Contracts

June 13, 2026
High-speed railway Brightline West has signed new contracts to lay tracks and systems for its high-speed railway, according to an email seen by Bloomberg, signaling progress for a project whose municipal bonds have traded at steep discounts since last year.