When Wall Street strategists were cheering on President Trump’s electoral victory and projecting another rosy year for U.S. stocks, J.P. Morgan’s Michael Cembalest was taking a decidedly different tack.

Gold’s climb to an all-time high above $3,000 an ounce this week certainly turned heads, but the value of the precious metal is still around 16% below its real record high from 1980.

President Trump’s nominee to lead the Centers for Medicare and Medicaid Services faced questions from the Senate Finance Committee on Friday.

This key report should drop then.

“Condos in my area are scarce and often sell the day they hit the market. I could get a line of credit using my house as collateral.”

No one is expecting a miracle overnight. But investors and analysts are applauding the possibilities brought about by new Intel CEO Lip-Bu Tan.

Also: Deeper looks at Microsoft, Tesla (and Musk) and ways to broaden your investment horizons and lower your risk.

Oppenheimer’s John Stoltzfus, the most bullish strategist on Wall Street with a target for the S&P 500 to hit 7,100 by the end of 2025, is standing firm, even as other strategists have cut their outlook for U.S. stocks.

Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place, but both companies have mitigation strategies in place.