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wall street

State Street worries about crypto rally

by Merchant Moller
State Street worries about crypto rally

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley …

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Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism

by Merchant Moller
Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism

Ken Griffin, chief executive officer and founder of Citadel Advisors LLC, speaks during an Economic Club of New York event in New York, US, on Thursday, Nov. 21, 2024. Yuki …

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House Speaker Johnson says Gaetz ethics report shouldn’t be released

by Valentin Shriner
House Speaker Johnson says Gaetz ethics report shouldn’t be released

U.S. House Speaker Mike Johnson (R-LA) speaks to reporters as House Republican leaders hold a press conference at the U.S. Capitol House in Washington, U.S., November 12, 2024.  Nathan Howard …

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US stocks sink on Powell rate-cut caution, Trump cabinet picks

by Mark McDuffie
US stocks sink on Powell rate-cut caution, Trump cabinet picks

Wall Street’s main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns about slower interest-rate cuts and as …

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Protecting your portfolio against risks tied to Trump’s tariff plan

by Merchant Moller
Protecting your portfolio against risks tied to Trump’s tariff plan

Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks …

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How bitcoin investors should position after Trump’s election win

by Merchant Moller
How bitcoin investors should position after Trump’s election win

Investors looking to get in on crypto’s monster run may want to be tactical in their approaches. Bitcoin prices have surged roughly 30% since Election Day on Nov. 5, touching …

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Gary Gensler reviews accomplishments, was ‘proud to serve’ as SEC chair

by Merchant Moller
Gary Gensler reviews accomplishments, was ‘proud to serve’ as SEC chair

U.S. Securities and Exchange Commission Chair Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C., on Sept. 27, 2023. Jonathan Ernst | …

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The 2 things that will drive the stock market after last week’s Trump-Fed rally

by Merchant Moller
The 2 things that will drive the stock market after last week’s Trump-Fed rally

President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at …

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Two-stocks better than one? Repacking pair trades

by Merchant Moller
Two-stocks better than one? Repacking pair trades

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one …

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DoubleLine’s Gundlach says expect higher rates if Republicans also win House

by Merchant Moller
DoubleLine’s Gundlach says expect higher rates if Republicans also win House

Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot …

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