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Trump's Fed Chair Pick May Come In The Next Week Or So: Bessent
President Trump has made it clear that he intends to replace Federal Reserve Chair Jerome Powell.
Tether CEO Aims To Allocate Up To 15% Of Its Portfolio To Gold
Tether plans to allocate 10%–15% of its investment portfolio to physical gold.
Recent
New York Uncovers $1 Billion in Sackler Family Wire Transfers Before Perdue Bankruptcy
The transfers, some through Swiss accounts, were revealed in documents provided by an unspecified financial institution in response to a subpoena.
Senate Democrat Unveils "Tax The Rich" Plan
Capital gains at ordinary income rates would shore up Social Security, Wyden says. He's also looking to close loopholes that UHNW households exploit.
Petroleum's Biggest One-Day Surge Ever
For oil markets, it’s the single worst sudden disruption ever, surpassing the loss of Kuwaiti and Iraqi petroleum supply in August 1990.
Gundlach Sees 3-1 Recession Odds, Hates Corporate Bonds And Housing Too
The Bond King's latest presentation "The Greatest Economy Ever" drips with sarcasm and pessimism for whole asset classes. He likes Liz Warren too.