Gold Prices Are in a Bubble, Says Morgan Stanley's Slimmon

Jeff Moon, the former Assistant U.S. Trade Representative to China, highlights the significant leverage China now holds over rare earth materials, a situation that could reshape U.S.-China relations. He discusses this on 'The Close' with Katie Greifeld and Romaine Bostick, suggesting that both nations are on the brink of a new era in trade dynamics. This is important as it could impact global supply chains and economic strategies moving forward.

Bob McNally, the founder and president of Rapidan Energy Group, has expressed a bearish outlook on oil prices in the near term, predicting that gas prices could drop to the $2 range nationally. This insight is significant as it suggests potential economic implications for consumers and businesses alike, prompting them to prepare for a possible shift in the energy market.

In a recent interview, Dallas Cowboys owner Jerry Jones shared insights on his journey to building a sports empire. He discussed the importance of risk-taking and bold trades, emphasizing a Main Street philosophy that has guided his success. This conversation not only highlights Jones's unique approach to business but also sheds light on the broader implications of leadership and innovation in sports, making it a must-watch for fans and aspiring entrepreneurs alike.

The S&P 500 has extended its rally, buoyed by Apple's impressive performance, which has reached a record high. This surge is significant as it reflects strong investor confidence and positive market sentiment, indicating a robust economic outlook. The coverage on Bloomberg Television and other platforms highlights the importance of these developments in the financial landscape.

IBM and Groq have teamed up to enhance AI capabilities for clients, focusing on ultra-high-speed and low latency inference technology. This partnership is significant as it promises to deliver advanced solutions that can improve efficiency and performance in various applications, making AI more accessible and effective for businesses.

Aya Kantorovich, co-CEO of August, emphasizes the importance of better coordination among crypto exchanges to mitigate risks in the sector. Her insights shared on Bloomberg Tech highlight a growing recognition of the need for collaboration in the rapidly evolving blockchain finance landscape, which could lead to a more secure and stable environment for investors and users alike.

Sylvia Jablonski, CEO and CIO of Defiance ETFs, recently discussed the rising trend of leveraged ETFs on Bloomberg ETF IQ. With a notable increase in ultra-leveraged products, the conversation has sparked renewed debate about their potential risks versus benefits. Asset managers argue they are simply responding to investor demand, as nearly a third of all ETFs launched this year incorporate some level of leverage. This trend is significant as it reflects changing investor preferences and the evolving landscape of investment products.

US ETF inflows have recently surpassed $1 trillion, marking the fastest growth in the industry's history. This surge indicates a strong and growing confidence among traders in these tax-efficient investment vehicles. Ben Slavin, head of ETFs at BNY, discusses this trend along with insights on digital assets and dual-share classes in a conversation with Katie Greifeld and Scarlet Fu from Bloomberg ETF IQ. This milestone is significant as it reflects a broader acceptance and enthusiasm for ETFs, which could shape investment strategies moving forward.

Zions Bancorporation has reported impressive earnings for the third quarter of 2025, surpassing both earnings per share (EPS) and revenue forecasts. This positive performance highlights the bank's strong financial health and effective management strategies, which are crucial for maintaining investor confidence and supporting future growth. Such results not only reflect the bank's resilience in a competitive market but also indicate a promising outlook for the financial sector as a whole.

BHP's recent report reveals that its iron ore production has fallen short of estimates due to maintenance works, raising concerns among investors. This shortfall could impact the company's financial performance and market position, highlighting the challenges faced in maintaining operational efficiency. As one of the largest mining companies globally, BHP's production levels are closely watched, and any deviations can influence commodity prices and investor confidence.

Jeff Moon, the former Assistant U.S. Trade Representative to China, highlights the significant leverage China now holds over rare earth materials, a situation that could reshape U.S.-China relations. He discusses this on 'The Close' with Katie Greifeld and Romaine Bostick, suggesting that both nations are on the brink of a new era in trade dynamics. This is important as it could impact global supply chains and economic strategies moving forward.

Dageville, the founder of Snowflake, has sold $6.15 million worth of SNOW stock, a move that has caught the attention of investors and analysts alike. This sale is significant as it may indicate Dageville's confidence in the company's future or a strategic financial decision. Understanding the implications of such stock sales can provide insights into market trends and investor sentiment.

Despite an Amazon Web Services outage that caused some disruptions, Wall Street experienced a significant surge, with the S&P 500 rising by 1.1%. This positive momentum was largely driven by strong performances from Apple and a general optimism as investors look forward to a busy earnings week. The resilience of the market in the face of challenges highlights the confidence investors have in leading tech stocks.

The Trump administration is considering a potential offering for Fannie Mae and Freddie Mac, with the Federal Housing Finance Agency (FHFA) director indicating that this could happen as early as the end of 2025. This development is significant as it could reshape the housing finance landscape, impacting mortgage rates and availability for homebuyers. Stakeholders in the housing market are closely monitoring these discussions, as changes could influence both the economy and individual homeowners.