Ritholtz’s Brown claimed the shares he favors are trading at a 34% discount relative to the S&P 500, when compared to an average discount of 16% more than the previous 20 decades.
Supply
These shares are ‘twice as cheap’ as the S&P 500 with a ‘multi-ten years lower price,' states Ritholtz’s Josh Brown
World
Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank. The decision culminates a process that officially began last summer but started much earlier than that, with Trump launching a fusillade of criticism against the Powell-led […]
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World
Silver plummets 15%, gold falls 7% — dragging down miners and ETFs
Argor-Heraeus’ CEO Robin Kolvenbach holds one kilo bars of silver and gold at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Gold and silver prices plunged on Friday, sparking a global sell-off of stocks and funds linked to the metals. By 5:04 a.m. ET, spot […]
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World
CNBC Daily Open: We’ll soon find out who the new Fed chair is
A digger sits at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters The current moment feels like the finale […]
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