U.S. Health and Human Services Secretary Robert F. Kennedy Jr., Commerce Secretary Howard Lutnick wait for U.S. President Donald Trump to board Marine One on the South Lawn of the White House on March 28, 2025 in Washington, DC. Trump is headed to Mar-a-lago in Palm Beach, Florida for the weekend. Andrew Harnik | Getty…
Market uncertainty should “peak” around the Wednesday tariff deadline, according to Evercore ISI. In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks. “All you need is a little less uncertainty,” the firm’s senior managing director said Monday on CNBC’s “Fast Money.” Emanuel compares the market pessimism to the…
BlackRock CEO Larry Fink sounded the alarm on the spread of protectionist policies around the world, saying they will hinder global trade and weaken the economy. “Today, many countries have twin, inverted economies: one where wealth builds on wealth; another where hardship builds on hardship,” Fink said in his annual chairman’s letter to investors. “The divide…
From America’s largest bank to its biggest asset manager, Wall Street investment strategies once reserved for private banking clients are increasingly being offered to Main Street investors. In the midst of a market correction and ongoing uncertainty about the outlook for U.S. stocks and the global economy, JPMorgan Chase and BlackRock are among major players…
An expired patent — previously held by Vanguard — may spark a shake-up in the exchange-traded fund industry. Wall Street saw the patent as critical to Vanguard’s success because it saved an enormous amount of money in taxes. Now, the firm’s ETF competitors could get a chance to use it, too. “It’s really a game changer,” BNY…
Joel Greenblatt, a longtime bargain hunter, doesn’t think value investing deserves its bad rap. The 67-year-old investor, now running Gotham Asset Management, believes that traditional criteria that define “value,” such as price-to-book and price-to-sales ratios, don’t necessarily represent the essence of the philosophy. “We’re very cash flow oriented … the way Morningstar or Russell classified…
US President Donald Trump meets with US Ambassadors in the Cabinet Room of the White House in Washington, DC, on March 25, 2025. Mandel Ngan | AFP | Getty Images President Donald Trump said that tariffs will likely be more “lenient than reciprocal,” as the April 2 tariff deadline looms for a number of levies…
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, echoing a move made famous by MicroStrategy. The meme…
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the…
Cooper Flagg #2 of the Duke Blue Devils moves the ball against the Baylor Bears during the second round of the 2025 NCAA Men’s Basketball Tournament held at Lenovo Center on March 23, 2025 in Raleigh, North Carolina. Grant Halverson | NCAA Photos | Getty Images For the first time in nearly 10 years, a…
