Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head

Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head

Bonds may be more than just a safe haven. BondBloxx ETFs’ Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it’s where investors can also play offense due to the market backdrop. “It’s definitely getting more nuanced,” the firm’s co-founder told CNBC’s “ETF Edge” this week. “Advisors are being a bit more thoughtful…

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‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance

‘Trump effect’ raises hopes for cannabis rally as investors bet on federal reforms, softer marijuana stance

Oils containing CBD (Cannabidiol). Geoffroy Van Der Hasselt | AFP | Getty Images Cannabis stocks could be poised for a rally after years of stagnation, fueled by investor optimism over the possibility for new federal rules for hemp-derived products and signals that President Donald Trump could take a more permissive stance on marijuana. Publicly traded…

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Trump vows to ‘fund SNAP as soon as possible’ if court allows, blasts Democrats over shutdown delay

Trump vows to ‘fund SNAP as soon as possible’ if court allows, blasts Democrats over shutdown delay

NEWYou can now listen to Fox News articles! President Donald Trump said Friday his administration has asked federal courts to clarify whether it can legally release Supplemental Nutrition Assistance Program (SNAP) payments as the government shutdown continues. In a statement posted to Truth Social, Trump said government lawyers had raised doubts about whether existing funds…

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AI spending is boosting the economy, but many businesses are in survival mode

AI spending is boosting the economy, but many businesses are in survival mode

Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed…

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