He once mentored Scott Bessent. Now Stanley Druckenmiller is criticizing the treasury secretary.
Treasury Secretary Scott Bessent’s recent maneuvers in the bond market have come in for some searing criticism from illustrious investor Stanley Druckenmiller…
Am I too old for Roth conversions? I’m 84 and my wife is 77. We have $8 million saved.
“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.” Source:MarketWatch
Investors poured into Canadian ETFs right before trade talks broke down
Investors misread the mood music on U.S.Canadian talks, in a big way. Source:MarketWatch
Visa and Mastercard stocks hit fresh records, underscoring a resilient U.S. consumer
Aggregate spending has been strong, even if American shoppers are getting choosier about what they buy. Source:MarketWatch
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to…
SpaceX plans to put Nvidia-powered AI satellites in orbit next year
Elon Musk’s company now plans to launch orbital data centers by the end of next year. Source:MarketWatch
Trump’s Canada trade war could lead the U.S. back to quantitative easing
That’s good for gold, stocks and long bonds. Eventually. Source:MarketWatch
Here’s how overvalued the stock market really is
Valuations today are so stretched that it may not take much more straw to break the camel’s back. Source:MarketWatch
Trump suggested states should fund Medicare — which would weaken the program and put Americans at risk
A statebased financing system would introduce a new layer of uncertainty Source:MarketWatch
Dell’s stock is up 235% this year — and earnings could propel it even higher, analysts say
The company faces a high bar heading into its upcoming report, but analysts think it can still exceed expectations. Source:MarketWatch
Bessent tapping Treasury’s rainy-day fund for buybacks isn’t a ‘bazooka’ to get markets to move his way
Bessent’s move “does not change anything. It just reduces the cash that Treasury has on deposit,” one analyst says. Source:MarketWatch
Make these 7 money moves before taking out a private student loan
After the federal government put new limits on certain types of studentloan borrowing this summer, lending experts expect more students to turn to private…