US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty ImagesPresident Donald Trump on Monday signed an executive order that outlines plans for a government-run sovereign wealth fund to serve as an economic...
Category: Investing
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects only one rate cut for 2025 — two reductions at most — as the Federal Reserve patiently awaits incoming data to assess the state of the...
Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’
Billionaire investor Stanley Druckenmiller believes Donald Trump's re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses."I've been doing this for 49 years, and we're probably going from the most anti-business administration to the opposite," Druckenmiller said on CNBC Monday. "We do a lot of talking to CEOs...
A Trump meme coin ETF is already in the works
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025.Paul Yeung | Bloomberg | Getty ImagesA new securities filing Tuesday revealed that an ETF...
Trading platform Dub will pay some retail investors to share portfolios through TikTok-like ‘creator program’
Manusapon Kasosod | Moment | Getty ImagesDub, a platform that allows retail traders to mimic the investments of notable people in business and government, debuted a service Thursday that pays select everyday investors to share their portfolios.Retail traders accepted into Dub's so-called top creator program will be paid royalties for...