By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement is becoming more deprioritized,” said Michael Liersch, head of advice and planning at Wells Fargo. “Ten or 15 years ago that was always the number one goal,” he said. Now,…
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other countries that can help pay out regular funds to ordinary citizens. However, full details on how the fund would work were not immediately available. Trump made the announcement…
Trading is being affected by the scare of a trade war. With new tariffs being placed on Mexico, Canada and China, the market fell heavily on Friday. The same was occurring this morning, but then the tariff on Mexico was delayed by one month which helped the market breathe a…
Secondary market signals are beginning to line up for a further drop, which can sometimes provide false signals. The primary indicator for me is always the combination of price/volume. When I only look at price/volume on the S&P 500, it still remains easy to be long – on all time…
In this video, Tony shares his weekly market review, discussing growth vs. value, volatility, commodities, and more. From there, he shares his list of bearish and bullish options trade ideas, including META, AMGN, GOOGL, NVDA, DIS, and more. This video premiered on February 3, 2025.
The U.S. Treasury and Commerce Departments will establish a sovereign wealth fund in accordance with a new executive order President Donald Trump signed on Monday. The sovereign wealth fund, a state-owned investment fund with various financial assets like stocks and bonds, could foot the bill for purchasing TikTok, according to…
The Federal Bureau of Investigation Agent’s Association (FBIAA) sent a letter to House and Senate leaders Monday raising ‘urgent concerns’ over recent actions taken by acting DOJ and FBI personnel, which they say could threaten the careers of thousands of employees and risks disrupting the bureau’s essential work. The FBIAA, a…
The U.S. Agency for International Development’s fate is hanging in the balance as the second Trump administration’s Department of Government Efficiency, or DOGE, is working on an apparent overhaul of the agency. A review of USAID’s recent history shows that it repeatedly has been accused of financial mismanagement and corruption…
President Donald Trump continues appointing new people to his second administration, naming three recent picks in a series of Truth Social posts on Monday. Just two weeks after taking office, Trump announced that Michael Ellis will serve as deputy director of the CIA. Ellis, who will not need to be…
Secretary of State Marco Rubio is accusing USAID of ‘rank insubordination,’ adding ‘we had no choice but to bring this thing under control.’ The top U.S. diplomat made the comments in an exclusive interview with Fox News in El Salvador, just after announcing he would take over as acting director…