Topley's Top 10

Nasdaq CAGR

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1. Nasdaq CAGR

Ben Carlson

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2. Active Fund Managers All-IN

Barchart

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3. Interest Rates and Stock Returns

Isabelnet

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4. 10-Year Treasury Chart

Market Watch

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5. Margin Loans in Korean Stock Market 2.5x One Year Ago

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6. What Happens After 3 Years of Double Digit Returns?

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7. Who Owns SpaceX

Pitchbook

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8. China and Russia Set Up Huge New Gas Pipeline

Reuters POWER OF SIBERIA 2 PIPELINE By Ryan WooChen Aizhu and Liz Lee

During Putin's last visit in September 2025, Russia and China agreed to build the Power of Siberia 2 gas pipeline, but have yet to agree on pricing.

Energy supply shortages linked to ​conflict in Iran may back Russia's case for ​the pipeline as a long-term gas source. ⁠Beijing is expected, however, to stick to its diversification strategy by discussing supply deals with both Turkmenistan and Russia, said a Beijing-based industry expert.

China could agree a broad deal with Russia covering annual supply volumes and terms such as supply flexibility and seasonality, while leaving pricing open-ended, said the person, ​who declined to be named due to the sensitivity of the topic.

Price negotiations could take years.

Xi in 2014 announced a fourth pipeline linking Turkmenistan's ​giant Galkynysh gas field ⁠to northwest China, but the project has yet to be finalised due to pricing disputes and complexity involving Uzbekistan, Kyrgyzstan and Tajikistan, through which the pipeline transits.

Reuters

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9. The Most Educated Countries

Visual Capitalist

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10. How Hard to Play Pro Sport?

Andrew Petcash

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