Bank of America CEO: The Federal Reserve may have to respond to Trump
The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
“They’ve got a new administration with a new set of fiscal policies, and the monetary policy has to respond to that,”
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Read MoreWall Street stocks climb as investors parse Donald Trump’s executive orders
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Read MoreDow ends up over 500 points, S&P 500 and Nasdaq climb on first trading day of Trump’s second term
U.S. stocks finished higher on Tuesday as Wall Street wrapped up the first trading day of President Donald Trump’s second term in office on a positive note.
The Dow Jones Industrial Average rose 537.98 points, or 1.2%, to end at 44,025.81, according to FactSet data.
The S&P 500 was up 52.58 points,
The EPA Is Investing $2.4 Million To Bring New Technologies To Market
Jan 21, 2025,10:01am EST
China Is Building A Supergrid – And So Should We“,”scope”:{“topStory”:{“index”:1,”title”:”China Is Building A Supergrid – And So Should We”,”image”:”https://specials-images.forbesimg.com/imageserve/678fb0f022c720f29e7ad7ad/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Jan 21, 2025″,”hourMinute”:”10:01″,”amPm”:”am”,”isEDT”:false,”unformattedDate”:1737471699806},”uri”:”https://www.forbes.com/sites/elenabou/2025/01/21/china-is-building-a-supergridand-so-should-we/”}},”id”:”1c13o8khihqa00″},{“textContent”:”
Jan 21, 2025,08:30am EST
California Wildfires Are A Wake-Up Call For Climate Change Adaptation“,”scope”:{“topStory”:{“index”:2,”title”:”California Wildfires Are A Wake-Up Call For Climate Change Adaptation”,”image”:”https://specials-images.forbesimg.com/imageserve/67894215d97a38a0d929b979/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Jan 21,
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Read MoreStock market today: S&P 500 drifts higher toward a record
NEW YORK (AP) — U.S. stocks are drifting around a record on Thursday amid a relatively quiet day on Wall Street.
The S&P 500 was 0.3% higher in afternoon trading and on track to surpass its all-time high set early last month after coming close the day before. The Dow Jones Industrial Average was up 349 points,
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Read MoreThe Burst
Best Trader Ever Says AI Will…
Stanley Druckenmiller is arguably the best trader in the world not because of the 30% returns he posted annualized on average over 30 years but because during that time frame he never had a losing year.
It would be nice to invest alongside him but those days are gone, because he now manages a Family Office only,
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Read MoreThe Ivy
Buffett Has Sold For 7 Quarters In a Row, What Happens Next?
When it comes to investing, following the actions of top investors is a much smarter play than following their words. Take Warren Buffett, for example, who has a philosophy of betting on America long-term and a reputation for having a holding period of forever. You could be forgiven for becoming complacent about how long to hold a position if you listened to that advice.
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Read MoreThe Spotlight
Market Commentary: Buffett Loaded Up On 1 Stock Every Quarter For 5 Years
Warren Buffett may be old but he’s fearless when it comes to making massive bets. One such outsized investment is Apple, which now represents close to 50% of his equity portfolio (see below).
Imagine having so much conviction in a single company that you allocate half your money to it. Now further consider having a portfolio the size of Buffett’s and making that same bet.
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