Citadel’s Ken Griffin warns Trump about tarnishing the ‘brand’ of U.S. Treasurys

Citadel’s Ken Griffin warns Trump about tarnishing the ‘brand’ of U.S. Treasurys


Key Points
  • President Donald Trump’s global trade fight risks spoiling the reputation of the U.S. and its government bond market, according to Ken Griffin, founder and CEO of Citadel.
  • Treasury yields have risen and the dollar has weakened against its global counterparts this month in a sign that investors may be moving away from the U.S. as the safest place to invest.



Source

3 forces driving a record week for stocks as 7 portfolio names hit new highs
Finance

3 forces driving a record week for stocks as 7 portfolio names hit new highs

It’s been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club’s portfolio. The S & P 500 jumped to an all-time high of 6,187.68 Friday, while the tech-heavy Nasdaq Composite rose to a new record of 20,311.51. Both benchmark gauges advanced around 4% from last […]

Read More
Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more
Finance

Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more

Check out the companies making headlines in midday trading Nike — Shares of the sneaker giant jumped about 17% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, […]

Read More
Ron Baron says he will never sell SpaceX in his lifetime
Finance

Ron Baron says he will never sell SpaceX in his lifetime

Source

Read More