Lawrence McDonald

Market veteran Lawrence McDonald has a stark warning regarding a recent GOP proposal spearheaded by Sen. Ted Cruz (R-Texas) that calls for nixing federal interest payments to banks. What Happened: On Wednesday, McDonald, the founder of the newsletter The Bear Traps Report, posted on X, quoting a...

Former Treasury Secretary Larry Summers is sounding the alarm on America's fiscal trajectory, placing the blame squarely on President Donald Trump and the GOP’s “One Big, Beautiful Bill.” What Happened: During his appearance on the Politics War Room podcast on Thursday, Summers...

White House economic advisor Kevin Hassett claims that the U.S. economy narrowly avoided a recession thanks to the GOP-backed tax bill. What Happened: Hassett says that had the “One Big, Beautiful Bill” not passed in the House, “it would have been the biggest tax hike in American...

Palantir Technologies Inc. (NYSE:PLTR) reached an all-time high in Sunday overnight trading, topping at $126.28 on Robinhood’s 24-hour trading platform after closing at $124.28 on Friday. What Happened: Bear Traps Report founder Lawrence McDonald reacted to the milestone on the social media...

U.S. stock futures rose on Tuesday following a volatile day of trading on Monday that led the indices to close on a mixed note. Futures of major benchmark indices were higher in premarket. The sell-off that began on Thursday has driven the Nasdaq into bear market territory, whereas the S&P 500...

U.S. markets have seen a historic decline over six weeks amid President Donald Trump‘s tariff policies, marking a historically swift destruction of equity capital that’s outpacing previous major crashes without the traditional bond market safety net, according to financial strategist...

Lawrence McDonald, founder of Bear Traps Report, warned on Sunday that President Donald Trump‘s planned tariffs could have a more significant inflationary impact during his second term compared to his first administration. What Happened: During Trump’s first term, tariffs and inflation...

Apple Inc. (NASDAQ:AAPL) continues to trade at elevated valuation levels despite Warren Buffett‘s Berkshire Hathaway Inc. significantly reducing its stake in the iPhone maker, according to a prominent market analyst. What Happened: Lawrence McDonald, founder of Bear Traps Report, highlighted...

Lawrence McDonald, founder of Bear Traps Report, called Warren Buffett the “GOAT” of asset management on Sunday while noting the legendary investor put “very little capital to work” during the 2020 Covid market drawdown compared to 2022’s market stress. What Happened...

Another exciting week of new and familiar faces on Benzinga’s #PreMarket Prep broadcast, sponsored by OptionsHouse. There will be another book giveaway! But you have to tune in at 8:00 a.m. EST Monday-Friday here to find out which day. Monday, August 4, 8:35 a.m. Lawrence McDonald (@...

There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Lawrence McDonald Lawrence McDonald (@Convertbond) of LGM Group tweeted about the...

There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical. 1. Carl Icahn Carl Icahn (@Carl_C_Icahn) took to Twitter to tweet his displeasure...