LUANDA, Angola — It could have been the symbol of President Biden’s seemingly jinxed trip to Angola. Postponed in 2023 due to the wars in the Middle East. Postponed again in 2024 due to the catastrophic hurricanes in the south. And on the only full day of the first-ever trip…
Special Counsel Jack Smith is required to submit to the Justice Department a report summarizing the results of his dual investigations into President-elect Trump — an action that will put a formal end to his two-year probe and one that will punt all next steps, including whether to make public…
The Biden administration on Saturday announced a $988 million aid package to Ukraine to ensure it ‘has the tools it needs to prevail in its fight against Russian aggression.’ ‘This administration has made its choice. And so has a bipartisan coalition in Congress. The next administration must make its own…
President-elect Trump and Prince William shook hands at the re-opening ceremony of Notre Dame Cathedral in Paris on Saturday, and afterward held a sit-down meeting at the British Embassy ahead of Trump’s inauguration. Trump and William also separately met with world leaders at Notre Dame, including French President Emmanuel Macron…
JERUSALEM—President-elect Donald Trump on Saturday weighed in for the first time on the Syrian Islamist revolt against the country’s dictator Bashar al-Assad who is holed up in his palace in Damascus. The radical Islamist movement reached the suburbs of the Syrian capital, Damascus, on Saturday and are preparing to storm…
Just over five years ago, the world watched in anguish as Notre Dame Cathedral, one of the most potent symbols of Christendom, was engulfed in flames. Not long after, Donald Trump would lose the 2020 election to Joe Biden, launching one of the most unpopular presidencies in modern history. But,…
President-elect Trump reacted Sunday morning to the news that Syrian dictator Bashar Assad had fled Syria after rebels stormed the capital city of Damascus. ‘Assad is gone,’ Trump wrote on his social media platform Truth Social. ‘He has fled his country. His protector, Russia, Russia, Russia, led by Vladimir Putin,…
Could we see a short-term shift towards defensive sectors? Real estate? Utilities? I haven’t uttered these words in awhile. And why should I as our major indices have forged into new all-time record high territory? Well, I’m only talking about very near-term, maybe the next 1-3 weeks? I wouldn’t change…
The secret sauce of 1-2-3 investing is quite simple: don’t skip Step 2. Far too many investors who’ve succeeded in creating wealth are anxious to rush forward with “all gas, no brakes” to embrace the excitement of Step 3 – Asset Growth. Only in retrospect do they so often discover the hard…
My recent discussions on the Market Misbehavior podcast have often included some comments on the interest rate environment, particularly the shape of the yield curve. We’ve had an inverted yield curve since late 2022, and so the yield curve taking on a more normal shape could mean a huge tailwind to…