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☆ DEA passenger searches halted after watchdog finds signs of civil rights violations and racial profiling
▼ + stars: | 2024-11-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dilanianmug.Jpg | Ken Dilanian | ) www.nbcnews.com time to read: +5 min

The DEA concurred with most of the report’s recommendations but declined to comment. That employee was being paid by the DEA a percentage of the cash seized, the IG found, and had received tens of thousands of dollars over several years. In some cases, the DEA has seized money only to have judges order the government to return it. In 2020, NBC Los Angeles reported that $82,000 was seized by the DEA from an elderly man and his daughter in Pittsburgh. “It’s like I was mugged on the street.”USA Today reported in 2016 that, over a decade, the DEA seized more than $209 million in cash from at least 5,200 people at 15 busy airports.

Persons: General, Lisa Monaco, “, Justice Department “ Organizations: Drug, Administration, Department’s Office, Task Force, Department, Justice Department, Institute for Justice, DEA, Transportation Security Administration, NBC News, Prosecutors, NBC, ” USA Locations: Cincinnati, New York, New Orleans, Columbus , Ohio, NBC Los Angeles, Pittsburgh

☆ Trump’s hush money sentencing is postponed indefinitely, judge says
▼ + stars: | 2024-11-22 | by ( Kara Scannell | ) edition.cnn.com time to read: +2 min

New York CNN —The judge overseeing Donald Trump’s criminal hush money trial has adjourned his sentencing, which was set for next week. Judge Juan Merchan also agreed to hold off on issuing his decision on presidential immunity until after he reviews the parties’ filings. The judge did not set a new sentencing date or make any further statements about the delay. Trump’s lawyers have argued his conviction should be tossed both because of the presidential immunity decision and his return to the White House. His sentencing, originally scheduled for July, was delayed twice after the Supreme Court’s immunity decision prompted Trump’s lawyers to file a motion to vacate the conviction.

Persons: Donald, Judge Juan Merchan, Merchan, Trump’s, Steven Cheung, Trump, Attorney Alvin Bragg, Michael Cohen, Stormy Daniels, Shania Shelton Organizations: New, New York CNN, Attorney, Democrat Locations: New York, Georgia, York

☆ There are long and short opportunities in tech-focused funds, says Citi's Mithra Warrier
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are long and short opportunities in tech-focused funds, says Citi's Mithra WarrierMithra Warrier, Citi North America head of capital introduction, joins 'Closing Bell' to discuss the health of hedge funds, shorted market sectors, and much more.

Persons: Warrier Organizations: Citi North America

☆ Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales
▼ + stars: | 2024-11-22 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

The Indonesian government expects Apple to increase its proposed $100 million investment into the country, according to state media, as the iPhone maker seeks clearance from Jakarta to sell its latest phones. According to a report from Indonesian state media, the country's Ministry of Industry met with representatives from Apple on Thursday regarding its proposal to invest $100 million over two years. "From the government's perspective, of course, we want this investment to be larger," industry ministry spokesperson Febri Hendri Antoni Arif told state media on Thursday. While Indonesia represents a small market for Apple, it also offers growth opportunities as it has the world's fourth-largest population, according to Le Xuan Chiew, a Canalys analyst focusing on Apple strategy research. Success in this market requires a long-term approach, and Apple's investment offer demonstrates a commitment to complying with local regulations and paving the way for future growth, he added.

Persons: hasn't, AirPods Max, Apple didn't, Febri Hendri Antoni Arif, Le Xuan Chiew Organizations: Fifth, Apple, country's Ministry of Industry, CNBC Locations: New York City, Indonesian, Jakarta, Indonesia

☆ 3 job interview red flags, according to a recruiter who’s interviewed ‘thousands’: Showing up very early looks 'too eager'
▼ + stars: | 2024-11-22 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

When you're doing a job interview, whether virtual or in person, you'll want to follow the appropriate etiquette. Here are Levine's best tips for avoiding her top red flags in a job interview. But "if you show up too early, it's also too eager and might make the interviewer feel rushed," says Levine. "I recommend making sure that you are parked 15 to 20 minutes early in the building" as a precaution, says Levine. If you're online or in person, "don't chew gum, don't have your sunglasses on your head" during the interview, says Levine.

Persons: Emily Levine, Levine, it's Organizations: Group

☆ Opinion | The Secret Behind America’s Moral Panic
▼ + stars: | 2024-11-22 | by ( M. Gessen | ) www.nytimes.com time to read: +2 min

President Trump is for you” — Democrats are now debating how much the issue of trans rights hurt them and how fast they should retreat from it. The party’s decision to focus on the issues that matter to most voters, especially reproductive rights, and set trans rights aside is based on a misconception. The two issues can’t be separated, because trans rights don’t just resemble reproductive rights; trans rights are reproductive rights. But opponents of trans rights argue that there is an area in which the consequences can be nothing short of catastrophic, and that area is reproduction. Both of them have repeatedly expressed fear that the treatment they received as teenagers could have rendered them infertile.

Persons: Donald Trump, “ Kamala, Trump, Kamala Harris, Chloe Cole, Keira Bell Locations: United States, United Kingdom

☆ Analysis: Russia’s nuclear-capable missile is a clear departure from the Cold War doctrine of deterrence
▼ + stars: | 2024-11-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

CNN —Russia’s use of a nuclear-capable ballistic missile on Thursday is the latest escalation in the Ukraine war. The use of what Vladimir Putin said was a ballistic missile with multiple warheads in offensive combat is a clear departure from decades of the Cold War doctrine of deterrence. Ballistic missiles with multiple warheads, known as “multiple independently targeted reentry vehicles,” or MIRVs, have never been used to strike an enemy, experts say. Aftermath of Russian missile strike in Dnipro, Ukraine, on November 21, 2024. Pakistan reportedly tested a missile with multiple warheads in 2017, and earlier this year India said it had successfully tested a MIRVed ICBM.

Persons: Vladimir Putin, MIRV, ” Hans Kristensen, Kristensen, Matt Korda, ”, Manish Swarup, Korda, ” Kristensen Organizations: CNN, West, Federation of American, Russian, Ballistic, Federation of American Scientists, Union of Concerned Scientists, Center for Arms Control, AP Locations: Ukraine, Dnipro, That’s, US, Ukrainian, Russia, United States, Europe, China, United Kingdom, France, Pakistan, India, New Delhi, North Korea

☆ I'm a mom of 2 teens. When they are out partying, they need to give me the address and phone of an adult present.
▼ + stars: | 2024-11-22 | by ( Natasha Chiam | ) www.businessinsider.com time to read: +4 min

I must have the address where the party is happening and the phone number of an adult there. So I set some ground rules for my kids to party and for me to have peace of mind. We find a compromiseI miss the days when I knew most of my kids' friends and their parents and we all looked out for each other's offspring. Rule number two is that they have to always keep their location on and share it with us on their devices. Rule number three, one we just added, is that we need the contact info of whoever they believe is their most responsible friend.

Persons: we've, I've, I'm, It's, didn't, We've, overdosing Locations: individuation, Naloxone

☆ Opinion | President Biden Should End This Turkey Pardoning Nonsense
▼ + stars: | 2024-11-22 | by ( Peter Singer | ) www.nytimes.com time to read: +2 min

Someone at the National Turkey Federation once had an idea: Let’s send a live turkey to Harry Truman for a presidential holiday feast! Previously, some individual turkey producers had sent their products to the president to promote them, but the greater resources of the National Turkey Federation meant that the story could be promoted more effectively. The turkey sent to President Truman was killed and eaten, as were turkeys subsequently sent to President Dwight Eisenhower. The turkeys pardoned by President Biden last Thanksgiving were supplied by America’s largest turkey producer, Jennie-O Turkey Store, part of the giant Hormel Foods Corporation. Other turkey producers also received many millions of dollars, part of a huge subsidy for U.S. turkey and chicken producers.

Persons: Harry Truman, Truman, Dwight Eisenhower, John F, Kennedy, ”, “, ” Kennedy, George H.W, Bush, Biden, Jennie Organizations: National Turkey Federation, Hormel Foods Corporation . Locations: Turkey

☆ Opinion | We Wanted a New Republican Party. Trump Delivered.
▼ + stars: | 2024-11-22 | by ( Ross Douthat | ) www.nytimes.com time to read: +55 min

Barack Obama was elected president, and the mood in the Republican Party picked up on the mood you’ve already described. But in the end, what he did electorally was not in that election to build the pan ethnic working class Republican Party. But at the very least, there was the conventional wisdom was that the Republican Party had to move substantially to the left on immigration. I just think that if the Republican Party is not the party of private property and wealth building, so I don’t think. Is there any chance that the Republican Party is about to not be the party of private property and wealth building No, no, I think you’re right.

Persons: I’m Ross Douthat, Donald Trump didn’t, Trump, I’ve, Reihan Salam, Reihan, George W, I’m, pry, Ross, Ross Douthat, let’s, Bill Kristol, Bush, Boomer, Giuliani, Ronald Reagan, wasn’t, Bill O’Reilly, Ross Reihan, Bush’s, Barack Obama, Obama, That’s, Mitt Romney, Paul Ryan, Ryan, Rush Limbaugh, notionally, Jeb Bush, Marco Rubio, Bill Clinton, Donald J, Let’s, it’s, It’s, ”, Donald Trump, Rudy Giuliani, Will, electorally, Romney, we’d, didn’t, Pat, John McCain, Frank, Kavanaugh, Trump’s, George Floyd, Biden, hadn’t, progressivism, premised, ender, New Party ”, ryan, neoliberals, Steve Bannon, Steve Moore, we’re, Moore, Bannon didn’t, COVID, JD Vance, Elon Musk, Musk, he’s, Vance, hasn’t, Clinton, Hillary Clinton, Margaret Thatcher’s, Reagan, Roosevelt, Republican policymaking, we’ve Organizations: New York, Republican Party, Manhattan Institute for Policy Research, New Party, New York Times, Harvard Institute of Politics, Harvard, The, Democratic, Great Society, Republicans, Republican, Reagan Democrats, Tribune, Trump, Perot, Tea Party, Party, Social Security, Grand New Party ”, Romney, Obama Trump voters, GOP, Amnesty, Reagan, Biden, American, America, romney, Infrastructure, Clinton Democrat, Uc Locations: Washington , DC, Northwestern, Washington ,, New York, Washington, Iraq, America, “, China, American, United States, Clinton, it’s, Nevada

☆ Cramer names oil and natural gas stocks set to do well under Trump
▼ + stars: | 2024-11-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump's administration and a majority Republican Congress. "If you want a sustainable Trump trade, I say bet on the natural gas ecosystem. Enbridge says it transports about 20% of all natural gas consumed in the U.S., and Cramer claimed the Canadian outfit has "strategically located assets." He also named Cheniere and Sempra , saying the former is the "best play" for liquified natural gas exports. "Seasonally, this is a good time for the commodity," he said, pointing out that natural gas itself has climbed since the election.

Persons: CNBC's Jim Cramer, Donald Trump's, Joe Biden's, Cramer, Trump, Chris Wright, Kinder Morgan, Enbridge Organizations: Republican Congress, Trump, Department of Energy, Energy Locations: underperform, U.S

☆ 3 of Trump's top cabinet-level picks recently worked as lobbyists, with clients ranging from Amazon to Qatar
▼ + stars: | 2024-11-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Susan Wiles, Trump's incoming chief of staff, maintained ties to a lobbying firm until this month. Sean Duffy, Trump's pick for Transportation secretary, has lobbied for a group of major airlines. The EPA, under Obama, Trump, and Biden's administrations, have repeatedly opposed efforts to mine in the bay, home to one of the world's largest salmon fisheries. Starting not long after he left Congress in 2019, Duffy lobbied for Polaris, a US auto manufacturer known its off-road and recreational vehicles. ProPublica previously reported that Duffy lobbied White House trade adviser Peter Navarro as Polaris sought to win exemptions to tariffs on the parts it was importing.

Persons: Donald Trump's, Susan Wiles, Sean Duffy, Trump's, Donald Trump, Susie Wiles, Pam Bondi, Wiles, Duffy, Uber —, Bondi, Ballard, Trump, Jeff Hauser, Brian Ballard, Alaska . Sen, Lisa Murkowski, Obama, Peter Navarro, Ron Klain, Biden's, Fannie Mae, Steve Ricchetti, Biden, Jeff Ricchetti, Barack Obama, Hauser, Hauser isn't, " Hauser Organizations: Washington, Incoming White House, Amazon, GM, MetLife, Fidelity National Financial, Ballard Partners, Trump, Republican, The New York Times, Alaska ., Alaska Republican, Partnership, EPA, Federal Aviation Administration, United, Polaris, White, General Motors, Uber, Fidelity, North, Major League Baseball, Biden, Raytheon, Politico Locations: Florida, Riyadh, Saudi Arabia, Trump, Alaska, North America, Bondi, Washington

View at Quince What we like Check mark icon A check mark. Super softCheck mark icon A check mark. 11 colors to choose fromCheck mark icon A check mark. Fits the bed well and feels durableCheck mark icon A check mark. Produces a lot of lintFAQs about the Quince Black Friday saleWhen does the sale start and end?

Persons: Quince, we've, it's Organizations: Business, DTC Locations: cardigan

☆ Oil rises as intensifying Ukraine war increases supply risk
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +2 min

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies. Russia is among the world's top crude oil producing countries, even with output declines following import bans tied to its invasion of Ukraine and supply curbs by producer group OPEC+. Russia this month said it produced about 9 million barrels of oil a day. Ukraine has used drones to target Russian oil infrastructure, including in June, when it used long-range attack drones to strike four Russian refineries.

Persons: Phillips, Vladimir Putin, Putin, Joe Biden, Jim Ritterbusch, meanwhile, Donald Trump's Organizations: Brent, . West Texas, British Storm Shadow, Ritterbusch, Associates Locations: Linden , New Jersey, United States, Russia, Ukraine, U.S, Britain, British, Ukrainian, Moscow, Florida, China

☆ T.J. Maxx is in prime position to benefit from Trump's trade policies
▼ + stars: | 2024-11-22 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementT.J. Maxx is set to benefit from Trump's proposed tariffs on imports. T.J. Maxx could end up benefiting from Trump's suggested tariffs. Related Video Truth Social just brought Trump a $4 billion windfall, but experts aren't soldThis means more opportunities for T.J. Maxx to buy stock as excess inventory kicks around the market. For consumers forced to trade down or priced out of their usual retail spots, T.J. Maxx might present itself as the perfect option. AdvertisementTJX, the parent company of T.J. Maxx, Marshall's, and Home Goods, beat Wall Street's estimates in the third quarter, reporting revenue of $14.1 billion, up 6% from the previous year.

Persons: Maxx, Trump, aren't, Chris Walton, Lorraine Hutchinson, Neil Saunders Organizations: Target, Omni, Bank of America, Home Goods, GlobalData Locations: T.J, China

☆ Kumail Nanjiani books hotels with good gyms. These are 2 workout machines he looks for — and 1 he hates to see.
▼ + stars: | 2024-11-22 | by ( ) www.businessinsider.com time to read: +3 min

He books hotels based on which have the best gym, including machines like a leg press. AdvertisementNanjiani's ideal gym has a leg press and shoulder press machineNanjiani said the two pieces of fitness equipment he's most excited to see in a hotel gym are a leg press and a shoulder press machine. Advertisement"I love a leg press machine. It doesn't have a leg press machine, so I'm doing squats," he said. But his go-to for upper body exercise is the shoulder press machine because it helps ensure safety and good form even at higher intensities.

Persons: Kumail Nanjiani, Nanjiani, I'm, Emily, I've Organizations: Quest Nutrition

☆ This one-time Covid darling is undergoing a bearish-to-bullish reversal, according to Carter Worth
▼ + stars: | 2024-11-22 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +1 min

Zoom Video Communications (ZM) , a Covid darling and post-Covid dog, is judged to be an excellent opportunity on the long side going into earnings next week. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Carter Braxton Worth Organizations: Video Communications, CNBC, NBC UNIVERSAL

☆ JPMorgan says this steelmaker could gain more than 20% from here
▼ + stars: | 2024-11-22 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Carpenter Technology has multiple avenues of growth over the next few years, according to JPMorgan. Analyst Bennett Moore initiated coverage of the U.S.-based stainless steel and alloys manufacturer with an overweight rating and a price target of $220. "Shares have rallied ... on the back of strong demand, solid execution, and an attractive earnings outlook, and we feel the company is well positioned to capture further upside," Moore said in a Thursday note. Moore's investment thesis is built on the company's robust demand for its mostly customer-specific premium products, which he said gives Carpenter strong pricing power and supported its position as an "indispensable supplier." Carpenter Technology makes stainless steel and alloys, including a steel alloy used in manufacturing high-end knives.

Persons: Carpenter, Bennett Moore, Moore, Tim Leedy Organizations: Carpenter Technology, JPMorgan, Carpenter's, Medianews, Getty Locations: U.S

☆ Paul Mescal's 'Gladiator II' character appears in the first movie — here's a refresher on who Lucius is
▼ + stars: | 2024-11-22 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

In "Gladiator," Lucius is just a child — here's what you need to know about him. In "Gladiator II," Paul Mescal's Lucius is a vengeful heir to the throne who's out for blood — but in the first "Gladiator" film, his character is just an innocent child who mucks up his parents' coup d'état. Compared to his appearance in the first film, Lucius is a bit difficult to recognize. Here's what you need to know about Lucius, and how Mescal's storyline in "Gladiator II" connects to the first film. "Gladiator II" reveals that Maximus was really Lucius' father.

Persons: Paul Mescal, Lucius Verus, Lucius, Maximus, Paul Mescal's Lucius, mucks, Ridley Scott's, Russell Crowe, Joaquin Phoenix . Long, Maximus Decimus Meridius, Crowe, Emperor Commodus, Phoenix, Empress Lucilla, Connie Nielsen, Denzel Washington, Macrinus, Aidan Monaghan, Marcus Aurelius, Commodus, Lucilla, Spencer Treat Clark, Rome, haggard, Marcus Acacius, Pedro Pascal, Denzel, Rome —, Lucilla — Lucius Organizations: Paramount, DreamWorks, Denzel Washington, Universal Locations: Rome, Numidia, North

☆ JPMorgan says this steelmaker could could gain more than 20% from here
▼ + stars: | 2024-11-22 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Persons: Carpenter, Bennett Moore, Moore, Tim Leedy Organizations: Carpenter Technology, JPMorgan, Carpenter's, Medianews, Getty Locations: U.S

☆ Opinion | Marie Gluesenkamp Perez on Winning a Trump District and Fixing Congress
▼ + stars: | 2024-11-22 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +1 min

I first met Marie Gluesenkamp Perez in 2022, when she was running what was widely seen as a long-shot Democratic campaign for Congress in a solidly Republican, heavily rural part of Washington State. Shortly before the election, the polling aggregator FiveThirtyEight estimated her chance of victory at a mere 2 percent. Gluesenkamp Perez, whose father immigrated from Mexico, ran an auto shop with her husband and lived in a house they’d built themselves. Gluesenkamp Perez voted to scrap Joe Biden’s plan for student debt relief. In a largely brutal year for Democrats, Gluesenkamp Perez, again facing Kent, won re-election even as Trump once again carried her district.

Persons: Marie Gluesenkamp Perez, MAGA, Joe Kent, Gluesenkamp Perez, fides, Donald Trump’s, she’d, Joe Biden’s, Rashida Tlaib, Anger, ”, Trump Organizations: Democratic, Congress, Republican, Washington State, Politico, Kent Locations: Washington, Mexico, Israel

☆ New York’s Soccer Clubs Meet in a Playoff, and the Loathing Is Mutual
▼ + stars: | 2024-11-22 | by ( David Waldstein | ) www.nytimes.com time to read: +1 min

It does not make New York stop dead like Buenos Aires does when River Plate plays Boca Juniors. It does not even match the historical enmity of Islanders-Rangers hockey at Madison Square Garden. But the New York City Football Club and the New York Red Bulls will meet in a playoff match for the first time on Saturday, and their fans — and Major League Soccer — can dream. “In due time this will be considered one of the great rivalries in the metro New York area. The winner of the quarterfinal match will play either Orlando or Atlanta in the Eastern Conference championship and then perhaps reach the M.L.S.

Persons: it’s, ”, Marc de Grandpré Organizations: Barcelona, Boca Juniors, Islanders, Rangers, Madison, New York City Football Club, New York Red Bulls, Major League Soccer, Red Bulls, “, Orlando, Eastern Conference Locations: Madrid, New York, Buenos Aires, Atlanta

☆ Are we any closer to a greener future? Leaders weigh in at the world's largest energy event
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +2 min

Fossil fuels still dominate the global energy mix at 81.5% in 2023, according to the Energy Institute. "It just goes to show how difficult it is to change the energy mix. It's because it takes time," said Lorenzo Simonelli, chairman and CEO of Baker Hughes, a global energy technology company. Takayuki Ueda, the representative director president and CEO of INPEX, a Japanese oil company, reiterated technology's role in the energy transition. Energy companies have been leaning on gas as a "reliable dispatch of power" to meet demand, said Maví Zingoni, CEO of Power at GE Vernova, an energy equipment manufacturing and services company.

Persons: Lorenzo Simonelli, Baker Hughes, Simonelli, Takayuki Ueda, Ueda, Maví Zingoni, Zingoni, Olivier Le Peuch, Le Peuch, CNBC's Dan Murphy Organizations: Energy Institute, CNBC, Energy, Power, GE Vernova, SLB Locations: Abu Dhabi

☆ The case for altcoins and memes as bitcoin, now approaching $100,000, faces a potential correction
▼ + stars: | 2024-11-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

There are thousands of altcoins on the crypto market that are smaller, cheaper, younger and less sophisticated than the blue-chip bitcoin. "It has not been alone … crypto coins across the board have exploded higher in recent weeks. The riskiest business At the furthest end of the risk spectrum are meme coins like dogecoin , whose trading ballooned after the election . "I'd urge long-term investors to not place too much emphasis on meme coin activity — easy come, easy go," said Ryan Rasmussen, an analyst at Bitwise Asset Management. "While meme stocks such as Gamestop and AMC are a small part of the equity market, meme coins are a larger part of the crypto market and represent an outsized share of volume."

Persons: Gary Gensler, They've, bitcoin, Wolfe, Rob Ginsberg, it's, Mike Novogratz, Wolfe's Ginsberg, Donald, they've, Ryan Rasmussen, Zach Pandl, John Todaro, Robinhood, — CNBC's Michael Bloom Organizations: Securities and Exchange Commission, Trump, Galaxy Digital, Solana, Bitwise Asset Management, lotto, Grasycale Investments, Gamestop, AMC, Robinhood Locations: overbought, bitcoin

☆ The 'Roaring 20s' rally will continue in 2025. UBS shares 8 ways to maximize gains.
▼ + stars: | 2024-11-22 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

While Wall Street is confident that there will be a continued boom under Trump, UBS GWM is less sure. "AI infrastructure spending remains robust, and we expect key semiconductor components needed for AI to remain supply constrained in 2025, supporting pricing," UBS GWM strategists wrote. "We believe investment-grade bonds offer attractive yields and expect mid-single-digit returns in US dollar terms," UBS GWM strategists wrote. "In 2025, we believe gold will remain an effective hedge against key political concerns, including government debt levels, inflation, or geopolitical tensions," UBS GWM strategists wrote. Residential and commercial properties both make sense, though UBS GWM specifically cited property types like logistics, data centers, and multifamily housing.

Persons: Donald Trump, Mark Haefele, UBS GWM, Haefele Organizations: UBS Global Wealth Management, UBS GWM, Trump, UBS, Technology, Utilities Locations: Japan

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