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Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

Morgan Stanley analysts cut Wells Fargo to a hold-equivalent rating from a buy Monday, citing limited upside ahead for shares.Read More…

Investors have recently dialed back their expectations for rapid interest rate cuts from the Federal Reserve.Read More…

Trump has repeatedly criticized Powell for his cautious approach to cutting interest rates, nicknaming him “Too Late Powell.”Read More…

Long-time market bull David Zervos is worried the Federal Reserve is dangerously ignoring the artificial intelligence boom’s fallout.Read More…

Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday.Read More…