When legendary investor Jim Chanos entered the stage at the 2025 Forbes Iconoclast Summit Thursday, he had a big smile on his face thanks to the very public feud that had erupted behind President Donald Trump and the world’s richest person, Tesla CEO Elon Musk. Chanos, who first shorted Tesla stock back in 2016, said of the spat: “Most predictable breakup ever.” With a long and successful track record of betting against overpriced or fraudulent companies, Chanos’ latest big short is used-car retailer Carvana. Just as intriguing, he’s also looking to short companies that will lose out in the race…

Billionaire Ken Griffin, founder of $63 billion (in assets) Citadel hedge fund and market maker Citadel Securities, slammed the Trump Administration’s handling of the economy and the Republicans’ new tax and spending bill in remarks at Thursday’s 2025 Forbes Iconoclast Summit. A prominent Republican political donor who voted for President Donald Trump during the last election, Griffin criticized the GOP’s signature bill–which they’re dubbed the “One Bill Beautiful Bill”—over concerns about how it would increase the federal budget deficit and ballooning federal debt. (Just yesterday, the Congressional Budget Office estimated that the bill would add $2.4 trillion to the nation’s…

Remarrying in retirement can be one of life’s most joyful chapters, but it also comes with a few unique financial and lifestyle considerations. Whether you’ve found love again after loss or divorce, or you’re simply entering a new phase of life with your partner, it’s important to go in with eyes wide open. Here are some practical tips to help you navigate this exciting transition. Know How Marriage Later In Life Impacts Your Finances Love might be blind, but the IRS sure isn’t. When you remarry later in life, your tax situation, Social Security benefits, and retirement income can all…

You are going to see a crack in the bond market. – Jaime Dimon When Jaime Dimon, JPMorgan Chase CEO, spoke at the Reagan National Economic Forum last week, he warned of a coming crisis in the bond market due to the growing US national debt. He said, “I don’t know if it’s going to be a crisis in six months or six years, and I’m hoping that we change both the trajectory of the debt and the ability of market makers to make markets.” This analysis aims to look at how close the bond market might be to his…

US economic data releases, which generally raised estimates of second-quarter economic growth, combined with strong earnings from Nvidia (NVDA), helped send stocks higher for the week. Additionally, improvement in consumer confidence helped raise optimism that the tariff overhang doesn’t need to sink the economy. A portion of the tariffs implemented by the Trump administration was briefly overturned, though it was reinstated pending appeal. Market Reaction After the rally last week, the S&P 500 sits only 3.8% below its mid-February high. The Magnificent 7, consisting of Microsoft (MSFT), Meta Platforms (META), Amazon.com (AMZN), Apple (AAPL), NVIDIA (NVDA), Alphabet (GOOGL), and Tesla…

Big cap tech stocks dropped this year from highs and they’re having trouble getting all the way back up. Since these five make up so much of the S&P 500 weighting, it keeps the index from new highs. The likely reason: the “strategic uncertainty” of on again/off again tariffs policy which amounts to simple uncertainty for investors. The feeling among economists is that tariffs and inflation go together. As the rise in prices continues, Fed experts take note and before you know it, interest rates stop going down. The new uncertainty, largely unspoken, is that rates will go up. Typically,…

Some short-term Treasury ETFs beat money-market funds. Here’s a sortable list. Brokerage firms are short-changing customers with their money-market funds, says one angry commentator. Gosh. These brokers deliver a lot of terrific service for free (custody, trading, research). How are they supposed to pay for it all? Instead of grousing, do this: Accept the fact that the brokerage has to cover its costs, but arrange your affairs so that some other customer picks them up. This survey shows you how to side-step expensive money funds. The path to low-cost portfolio management has two elements. First is to set up your…

The recent upheaval in the senior management of Market Basket, a leading supermarket chain in the Northeast, serves as a stark reminder of the challenges inherent in family business succession planning. CEO Arthur T. Demoulas’s has been suspended allegedly because he is planning a work stoppage and has circumventing established succession protocols to name his successors. This incident is a cautionary tale for estate planning professionals and family business owners. At the heart of the controversy is Demoulas’s alleged attempt to appoint his children as successors without board approval. This situation underscores a breakdown in corporate governance, despite Market Basket’s…

The Health Savings Account (HSA) may be the most underrated financial savings vehicle out there. Why, you ask? HSAs offer a rare triple tax benefit. Contributions are tax-deductible (or pre-tax if made through payroll). Growth is tax-free as long as funds remain in the account. Withdrawals are tax-free when used for qualified medical expenses. This makes HSAs more tax-efficient than even a 401(k) or Roth IRA, which either offers a tax break when you contribute or when you take money out, but not both. The tax advantages alone can make your money go significantly further, especially over time. There are…

Let’s talk about something that can feel a little awkward: asking for help with your finances—especially when it comes to planning for retirement. For a lot of people, hiring a financial planner feels like admitting defeat. “Shouldn’t I be able to figure this out on my own?” Maybe. But the truth is, just like you’d hire a contractor to renovate your kitchen or a mechanic to fix your car, there comes a point when bringing in a pro is not just smart—it’s necessary. Here are a few signs it might be time to bring a financial advisor or investment manager…