Mohamed El-Erian Criticizes Fed Chair Powell’s Interview Performance: ‘He Struggled With Some Of The Smart Questions’ – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), iShares Russell 2000 ETF (ARCA:IWM)

What Happened: El-Erian, Chief Economic Advisor at Allianz, critiqued Powell’s performance on social media platform X, noting that the Fed chair “struggled with smart questions” and “confused the economics of…

Continue ReadingMohamed El-Erian Criticizes Fed Chair Powell’s Interview Performance: ‘He Struggled With Some Of The Smart Questions’ – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), iShares Russell 2000 ETF (ARCA:IWM)

US Stocks Likely To Open Higher After Registering Best Week Of Year Following Trump Win: Markets Still Have Juice Left As Investors Eye CPI Data, Says Expert – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

After witnessing heightened volatility in the run-up to the high-voltage 2024 presidential elections, and the Federal Open Market Committee's (FOMC) rate decision, Fed chair Jerome Powell remained cautious in his…

Continue ReadingUS Stocks Likely To Open Higher After Registering Best Week Of Year Following Trump Win: Markets Still Have Juice Left As Investors Eye CPI Data, Says Expert – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Obama-Era Economist Jason Furman Warns Fed’s Inflation Outlook May Be Too Optimistic — Peter Schiff Slams Powell’s Strategy Amid National Debt Concerns – SPDR S&P 500 (ARCA:SPY), iShares Russell 2000 ETF (ARCA:IWM)

Leading economists offered contrasting views on Thursday after the Federal Reserve’s 25-basis-point rate cut, with some warning of persistent inflation risks while others supported the central bank’s gradual easing approach.…

Continue ReadingObama-Era Economist Jason Furman Warns Fed’s Inflation Outlook May Be Too Optimistic — Peter Schiff Slams Powell’s Strategy Amid National Debt Concerns – SPDR S&P 500 (ARCA:SPY), iShares Russell 2000 ETF (ARCA:IWM)

Cathie Wood Says Trump’s Ideas On Eliminating Income Tax And Imposing Tariffs Brings Back Vibes Of ‘Early Days Of Our Country’ – ARK Innovation ETF (ARCA:ARKK)

ARK Invest CEO Cathie Wood drew parallels between former President Donald Trump‘s economic policies and early American financial strategies during a recent episode of “In the Know,” while analyzing potential…

Continue ReadingCathie Wood Says Trump’s Ideas On Eliminating Income Tax And Imposing Tariffs Brings Back Vibes Of ‘Early Days Of Our Country’ – ARK Innovation ETF (ARCA:ARKK)

Cuban Vs Ackman, Dalio’s Advice To China, Krugman’s Warning, And More: This Week In Economics

This week was a whirlwind of financial news, with billionaires clashing over political policies, renowned investors offering advice to world leaders, and economists warning against potential economic pitfalls. Let’s dive…

Continue ReadingCuban Vs Ackman, Dalio’s Advice To China, Krugman’s Warning, And More: This Week In Economics

Kevin O’Leary Calls for 400% Tariffs On China, But His ‘Shark Tank’ Co-Star And Friend Mark Cuban Fires Back With Business Concerns

“Shark Tank” co-stars Mark Cuban and Kevin O’Leary, aka “Mr Wonderful,” have locked horns over tariffs on China. What Happened: On Friday, O’Leary voiced his discontent with China’s trade practices on X, formerly Twitter.…

Continue ReadingKevin O’Leary Calls for 400% Tariffs On China, But His ‘Shark Tank’ Co-Star And Friend Mark Cuban Fires Back With Business Concerns

Mark Cuban Battles Former Trump Advisor For Suggesting A ‘Child Could Do’ American Auto Workers Job: Paul Krugman Chimes In On The Controversy — ‘He Still Thinks It’s 1965’

Billionaire entrepreneur Mark Cuban and former President Donald Trump advisor Stephen Miller engaged in a heated exchange Wednesday over Trump’s recent comments about auto manufacturing and workers’ skills, bringing attention…

Continue ReadingMark Cuban Battles Former Trump Advisor For Suggesting A ‘Child Could Do’ American Auto Workers Job: Paul Krugman Chimes In On The Controversy — ‘He Still Thinks It’s 1965’

Trump Adviser Defends Ex-President’s Economic Policies: ‘Strong Dollar’ Would ‘Naturally’ Come Around

Scott Bessent, a prominent economic adviser to Donald Trump, has addressed concerns regarding Trump’s potential economic policies if re-elected. Bessent assured that Trump would not weaken the U.S. dollar or…

Continue ReadingTrump Adviser Defends Ex-President’s Economic Policies: ‘Strong Dollar’ Would ‘Naturally’ Come Around