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Trump and Warsh aren’t holding a joint press conference. It could signal a new era of less Fed talk.19:43 Economists have expressed surprise and disappointment about the absence of any public remarks, which had been a routine part of the Fed nomination process going back almost 30 years. Wall Street’s ‘smart money’ bought gold and silver just before they crashed. Learn from their predictable mistakes.19:07 It should surprise absolutely nobody that global fund managers were heavily overinvested in commodities just before commodity prices collapsed at the end of last week. Pfizer’s stock falls after mixed response to weight-loss data for drug set to compete with Lilly’s Zepbound19:07 Pfizer on Tuesday hailed a study of a weight-loss-drug candidate while forecasting a profit decline due to the impact of the Trump administration’s policies on pricing and tariffs. Two airline stocks are favored by Citi for the short haul, but Delta might be a lower-risk play19:07 Citi analyst John Godyn considers all of the airlines he covers to be high-risk investments, except for one. Alphabet’s stock is the hottest in Big Tech, raising the bar for earnings18:36 Alphabet’s stock has rallied 80% in the last six months on AI enthusiasm. Here’s how the Google parent can keep the momentum going. |