Kevin Mahn, president and chief information officer (CIO) of Hennion & Walsh Asset Management, cited two areas of concern in the strong March jobs report on “The Big Money Show.”
-March job growth surprised even the most bullish economists
-Gold prices hit a new record, stocks end a wild week
-Disney CEO Bob Iger cast a spell on shareholders. So?
-Former President Trump secured $175 million in bond and is expected to be a huge success in upcoming fundraising efforts
– Billionaire Jeff Bezos drops $90 million on another home in the same neighborhood
– Eclipse mania is causing an economic boom in cities and towns with the best views
Victory for the labor economy: Despite persistent inflation and high interest rates, the U.S. job market is performing well, as evidenced by March’s much better-than-expected jobs report.Continue reading here. The data followed Federal Reserve Chairman Jerome Powell’s warning to Wall Street that policymakers would continue to rely on data before pulling the lever to cut rates.…Continue reading here.
Dave Ramsey focuses on how young people save
Market Magic: Stocks rose on Friday but stalled this week, but gold still closed above $2,325 an ounce, setting a new record…Market updates. For the week, the yellow metal rose more than 4%, its biggest gain since October 2023.
video: What does the red-hot jobs report mean for future rate cuts?
Live prices of cryptocurrencies: here
Disney offers: CEO Bob Iger cast a spell on shareholders and defeated activist investor Nelson Peltz, who was trying to win two seats on the board. Now that the ‘distraction’ battle is over, Iger must prove he can grow the Mouse House…Continue reading here. Introducing Disney’s newly elected Board of Directors…About Disney’s Board of Directors.
video: Are Iger’s problems really behind him?
Trump’s lifeline: Former President Trump secured $175 million in bonds from an unexpected source…Continue reading here.
video: President Trump’s upcoming fundraiser is expected to raise millions of dollars.
2024 Tax Tips: Learn More
Trifecta: Amazon founder Jeff Bezos just dropped $90 million on his third property in the same district…Continue reading here.
video: Watch a video tour of the area Bezos now calls home.
Solar eclipse mania: …Continue reading here.
video: The region is bracing for a wave of eclipse tourists.
Warby Parker creates a map showing where to go for a total solar eclipse. (Warby Parker)
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