(Bloomberg) -- As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandGunman Detained, Trump Evacuated After Shooting at Press DinnerTrump Scraps US Trip for Iran Talks, Leaving Ceasefire in LimboGoogle Plans to Invest Up to $40 Billion in AnthropicTh...
(Bloomberg) -- As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandGunman Detained, Trump Evacuated After Shooting at Press DinnerTrump Scraps US Trip for Iran Talks, Leaving Ceasefire in LimboGoogle Plans to Invest Up to $40 Billion in AnthropicThe Hottest Phone for Kids Right Now Is a $100 LandlineInvestors have been snapping up calls on techno
President Donald Trump on stage as gun shots heard at the White House Correspondents Dinner in Washington, D.C. on April 25th, 2026. World leaders reacted on Sunday with shock and support for U.S. President Donald Trump after a man armed with multiple weapons charged a security checkpoint at the White House Correspondents' Dinner in Washington, D.C., on Saturday before being apprehended by U.S. Se...
President Donald Trump on stage as gun shots heard at the White House Correspondents Dinner in Washington, D.C. on April 25th, 2026. World leaders reacted on Sunday with shock and support for U.S. President Donald Trump after a man armed with multiple weapons charged a security checkpoint at the White House Correspondents' Dinner in Washington, D.C., on Saturday before being apprehended by U.S. Secret Service agents. Trump, first lady Melania, and members of Trump's Cabinet were evacuated from the event. One officer was shot, but he was "saved by the fact that he was wearing obviously a very good bulletproof vest," Trump told reporters during a press conference in the White House briefing room following the incident. The suspected shooter was identified later Saturday as Cole Allen of Torrance, California. He is being held by authorities as they investigate the shooting. U.K. Prime Minister Keir Starmer said he was " shocked " by the scenes at the dinner. "Any attack on democratic institutions or on the freedom of the press must be condemned in the strongest possible terms," said in a post on X. Starmer has faced repeated criticism by Trump for not being more supportive of the U.S. and Israeli-led war against Iran. King Charles III of the U.K. is "being kept fully informed of developments" in the U.S., according to media reports citing a statement from Buckingham Palace. The monarch is due to visit Trump in the U.S. on Monday. "A number of discussions will be taking place throughout the day to discuss with U.S. colleagues and our respective teams to what degree the events of Saturday evening may or may not impact on the operational planning for the visit," the BBC quoted the palace as saying. Israeli Prime Minister Benjamin Netanyahu , in remarks at the start of a government meeting, said: "There is no place for violence, not against political leaders and not against anyone. This includes not only the United States; it includes, first and foremost, the State of Isra...
Anna Moneymaker/Getty Images News Major changes may be coming to the Fed in a few short weeks, and more importantly, this week's Fed meeting could very well be the end of an era, as Jay Powell takes to the podium one last time. It is unclear what exactly a Kevin Warsh-led Fed will look like, but now that the charges against Jay Powell have been dropped, we are likely to find out soon. There is, of...
Anna Moneymaker/Getty Images News Major changes may be coming to the Fed in a few short weeks, and more importantly, this week's Fed meeting could very well be the end of an era, as Jay Powell takes to the podium one last time. It is unclear what exactly a Kevin Warsh-led Fed will look like, but now that the charges against Jay Powell have been dropped, we are likely to find out soon. There is, of course, what Kevin Warsh would like to change versus what ultimately the market will allow him to change. If Kevin Warsh has his way, the biggest change likely to come could be the end of the quarterly dot plot. Warch specifically noted in his Senate hearing that he is no fan of forward guidance. His belief is that part of the reason for the mistakes in 2021 and 2022 was that the Fed gave forward guidance, which ultimately compounded the problem because it held on to its views for too long. He believes that the Fed should wait until it reaches the actual meetings to make a decision, which he feels can keep the central bank from repeating its errors. It may actually also result in fewer Fed speaking events in the future. He actually takes that even further later in his testimony, noting that the Fed should not be previewing what a future decision will be. He also notes that Fed officials should not be sharing views on where rates should be and thinks it is unhelpful. Balance Sheet Is Too Big Warsh also made clear he is no fan of the Fed using its balance sheet, calling it fiscal policy in disguise and noting that the Fed owns more outstanding debt than some parts of the financial markets. He also noted that those with financial assets have benefited from the balance sheet expansion, and he views interest rate policy as more even, getting into what he said are the "cracks of the economy." He recalled his time as a Fed governor, when the balance sheet was first expanded in 2008, and that the transmission mechanism for a large balance sheet was through asset prices and signali...
matejmo/iStock via Getty Images Gold Stocks Primed for a Post-Iran Macro Backdrop Gold’s recent price movements have been influenced less by its traditional drivers and more by the shifting headlines around the Iran conflict. In the near term, escalation has lifted oil, pushing inflation expectations and real yields higher. This has strengthened the U.S. dollar and placed downside pressure on gold...
matejmo/iStock via Getty Images Gold Stocks Primed for a Post-Iran Macro Backdrop Gold’s recent price movements have been influenced less by its traditional drivers and more by the shifting headlines around the Iran conflict. In the near term, escalation has lifted oil, pushing inflation expectations and real yields higher. This has strengthened the U.S. dollar and placed downside pressure on gold. Conversely, news of de-escalation has eased those pressures, allowing gold, especially the high-quality miner stocks, to rebound. This is an inversion of its typical safe haven role. Yet, despite the headwind from elevated real yields, gold has held up relatively well, indicating potential for a post-conflict rally for gold and miner stocks. Negative Relationship Between Gold and US 'Real Yields' Rothschild & Co., Bloomberg, as of February 2026 Gold’s recent price movement and its resilience reflect a supportive macro backdrop after the Iran conflict settles: Fed rate cuts Weakening dollar Sticky inflation Central bank buying As the conflict resolves and the oil-driven inflation pressures and volatility fade, markets are likely to refocus on these fundamentals, particularly the direction of real interest rates. This sets up a strong environment for gold's next leg higher, with the greatest beneficiaries being gold miners with sector-leading forward growth metrics. How I Chose the Best Gold Stocks for a Post-Iran Rally To select the best gold stocks to feature in this article, I used the Seeking Alpha Stock Screener and chose the pre-selected Top Materials Stocks and filtered for Quant Strong Buys. I then sorted by Industry and Sector and arrived at three companies in the gold industry with at least 100% forward EBIT. 1. Coeur Mining, Inc. ( CDE ) Market Capitalization: $19.52B Quant Rating: Strong Buy Quant Sector Ranking (as of 04/24/2026): 33 out of 282 Quant Industry Ranking (as of 04/24/2026): 8 out of 49 Sector: Materials Industry: Gold Seeking Alpha One of several S...
U.S. Gov't Stake In Intel Is Now Worth ... Intel shares earlier jumped the most on record after the chipmaker delivered stronger-than-expected first-quarter results and issued a second-quarter forecast ( read here ) that beat Wall Street expectations. Earlier, Intel shares jumped as much as 28%, rocketing to a record high and eclipsing their Dot Com peak, as Wall Street analysts cheered the earnin...
U.S. Gov't Stake In Intel Is Now Worth ... Intel shares earlier jumped the most on record after the chipmaker delivered stronger-than-expected first-quarter results and issued a second-quarter forecast ( read here ) that beat Wall Street expectations. Earlier, Intel shares jumped as much as 28%, rocketing to a record high and eclipsing their Dot Com peak, as Wall Street analysts cheered the earnings report as evidence that the chipmaker’s turnaround is gaining traction. Citi analyst Atif Malik raised Intel to “Buy” from “Neutral,” with a $95 12-month price target, reflecting “improving AI-driven CPU demand, which should lift all CPU suppliers’ sales in the coming years.” But in this note, the focus is on the value of the federal government’s position in Intel after its August 2025 deal with the once-struggling company. Under the August 2025 deal, the Trump administration agreed to purchase 433.3 million Intel shares at $20.47 per share, equal to about a 9.9% stake, valued at around $8.9 billion, funded largely by previously awarded but unpaid CHIPS Act and Secure Enclave grants. According to Bloomberg , those 433.3 million Intel shares owned by taxpayers are now worth a staggering $36 billion, netting taxpayers a $27 billion paper gain. President Trump told reporters on Thursday that Intel is now " coming back. All the chip companies are coming back.” Tyler Durden Sun, 04/26/2026 - 09:55
A Hong Kong doctor accused of a blunder that left a boy permanently disabled 16 years ago said he did not return to the hospital to examine the infant as he mistook the emergency for a choking case, the Medical Council heard on Sunday. Testifying for the first time at the hearing, Dr Sit Sou-chi contested an allegation that he had failed to conduct all necessary and immediate investigations of new...
A Hong Kong doctor accused of a blunder that left a boy permanently disabled 16 years ago said he did not return to the hospital to examine the infant as he mistook the emergency for a choking case, the Medical Council heard on Sunday. Testifying for the first time at the hearing, Dr Sit Sou-chi contested an allegation that he had failed to conduct all necessary and immediate investigations of newborn Li Yuanjian, the son of a mainland Chinese couple, after he had a seizure on December 22, 2009,...
Willie B. Thomas/DigitalVision via Getty Images As markets become more unpredictable, many people are wondering how to preserve their money and even earn a regular income from it. One option that has been gaining interest recently is the RiverNorth Opportunities Fund ( RIV ), which invests in a variety of assets and distributes income to its investors as dividends. Simply put, you buy a share, the...
Willie B. Thomas/DigitalVision via Getty Images As markets become more unpredictable, many people are wondering how to preserve their money and even earn a regular income from it. One option that has been gaining interest recently is the RiverNorth Opportunities Fund ( RIV ), which invests in a variety of assets and distributes income to its investors as dividends. Simply put, you buy a share, they manage the portfolio, and you get a regular payment. In the following lines, we will give you more details about the fund, and if you are interested in our last article and what the things were, then you can read it here. Below is shown a comparison of the fund to the overall market: RIV vs SP500 (seekingalpha.com) And here you can see where it stands among its peers: RIV vs peers (seekingalpha.com) For those looking for even more predictable income, the fund also offers a preferred stock, RIV.PR.A . More information can be found in the article a little below. RIV was founded on 12/24/2015 and follows a tactical asset allocation strategy. The fund invests primarily in CEFs (42%), followed by SPAC (34%), Investment company debt (11%), and BDCs (6%). As of the end of 03/31/2026, the fund's net assets amounted to approximately $324 million, with 442 positions in the portfolio. RIV's overview (rivernorth.com) The largest part of the portfolio to asset class allocation is held by SPACs, 35%, followed by US equities, 20%, investment company bonds, and fixed income, 11% each. The fund also holds 7% in International equities and 6% in BDCs. In the next screenshot, you can see the top 10 of its investments: RIV's top 10 holdings (seekingalpha.com) Pershing Square Holdings leads with a part of 9.42%, followed by iShares Flexible Income ETF (3.84%) and BlackRock Science & Tech Trust II (3.13%). The total leverage ratio of the fund is close to 24.10%, the expense ratio is around 3.76%, and the non-leverage expense ratio is close to 1.77%: RIV's expense ratios (cefdata.com ) RIV is cu...
The S&P 500 (SNPINDEX: ^GSPC) is back to all-time highs after a 9% pullback earlier this year. But there's still a valuation problem. The Shiller P/E ratio, which is a measure of inflation-adjusted earnings over the past 10 years, is at 40. The only time it has ever been higher was during the tech bubble peak. With the inflation rate back above 3% and still climbing, that number could go even high...
The S&P 500 (SNPINDEX: ^GSPC) is back to all-time highs after a 9% pullback earlier this year. But there's still a valuation problem. The Shiller P/E ratio, which is a measure of inflation-adjusted earnings over the past 10 years, is at 40. The only time it has ever been higher was during the tech bubble peak. With the inflation rate back above 3% and still climbing, that number could go even higher. That doesn't necessarily mean stocks are a sell, though. S&P 500 earnings are expected to grow by 18% in 2026 and 16% in 2027. Continue reading
Larry Benedict identifies NVIDIA, D.R. Horton, and Oracle as top rotation targets as market volatility drives institutional money into Mag 7, housing, and software sectors.
Larry Benedict identifies NVIDIA, D.R. Horton, and Oracle as top rotation targets as market volatility drives institutional money into Mag 7, housing, and software sectors.
Sen. Thom Tillis, R-N.C., talks with reporters outside the Senate Banking, Housing and Urban Affairs Committee confirmation hearing for Kevin Warsh, nominee to chairman of the Federal Reserve, in Dirksen building on Tuesday, April 21, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Thom Tillis said Sunday he is willing to end his blockade of Federal Reserve chair nominee Kevin Warsh af...
Sen. Thom Tillis, R-N.C., talks with reporters outside the Senate Banking, Housing and Urban Affairs Committee confirmation hearing for Kevin Warsh, nominee to chairman of the Federal Reserve, in Dirksen building on Tuesday, April 21, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Thom Tillis said Sunday he is willing to end his blockade of Federal Reserve chair nominee Kevin Warsh after the U.S. Department of Justice dropped its investigation of Fed Chair Jerome Powell . "I am prepared to move on with the confirmation of Mr. Warsh, I think he's going to be a great Fed chair," Tillis said on NBC's "Meet the Press." "We were very clear that we have assurances from the DOJ that I needed to make sure they were not using the DOJ as a weapon to threaten the independence of the Fed. So this will allow Mr. Warsh to move on with his confirmation on time." Tillis had vowed to withhold his vote for Warsh, whom he supports, before the Senate Banking Committee until the DOJ dropped its investigation of Powell. The Justice Department was investigating Powell over alleged cost overruns related to renovations at the Federal Reserve building. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Coventry celebrated their Championship title with a 3-1 victory that leaves Wrexham’s playoff ambitions in the balance. The Sky Blues were in party mood after Frank Lampard’s side had wrapped up the title on Tuesday and before the trophy presentation after the final whistle. Brandon Thomas-Asante volleyed the hosts ahead after 19 minutes at the CBS Arena, but Ollie Rathbone replied quickly for six...
Coventry celebrated their Championship title with a 3-1 victory that leaves Wrexham’s playoff ambitions in the balance. The Sky Blues were in party mood after Frank Lampard’s side had wrapped up the title on Tuesday and before the trophy presentation after the final whistle. Brandon Thomas-Asante volleyed the hosts ahead after 19 minutes at the CBS Arena, but Ollie Rathbone replied quickly for sixth-placed Wrexham. Continue reading...
Trade union criticises airline’s plan to halve passenger numbers to the city as ‘purely profit-oriented’ Ryanair is to shut its Berlin operating base and cut its winter schedule to the German capital in half, blaming its decision on soaring aviation taxes in the country. The Irish budget carrier said its relocation of seven aircraft to other centres would reduce its Berlin passenger numbers from 4...
Trade union criticises airline’s plan to halve passenger numbers to the city as ‘purely profit-oriented’ Ryanair is to shut its Berlin operating base and cut its winter schedule to the German capital in half, blaming its decision on soaring aviation taxes in the country. The Irish budget carrier said its relocation of seven aircraft to other centres would reduce its Berlin passenger numbers from 4.5 million to 2.2 million a year, with flights in and out of the city served from October by planes based at other airports. Continue reading...
If you're nearing 65, here's a word of warning: Medicare is confusing! There are so many options and so many price points that it's tough to keep them all straight without a spreadsheet. Even then, the amount of information thrown your way can be too much to absorb at one time. As a quick review, here are the four primary parts of Medicare and what they cover: Image source: Getty Images. Given the...
If you're nearing 65, here's a word of warning: Medicare is confusing! There are so many options and so many price points that it's tough to keep them all straight without a spreadsheet. Even then, the amount of information thrown your way can be too much to absorb at one time. As a quick review, here are the four primary parts of Medicare and what they cover: Image source: Getty Images. Given the importance of healthcare in retirement , it's scary how easy it is to make mistakes. That's why it's so important to know where others go wrong and how you can avoid their expensive missteps. Continue reading