How to invest like a MAGA bigwig
Cannabis, crypto or half of North Dakota?
When the 24 cabinet secretaries and top-level officials in Donald Trump’s new government assemble, they will form one of the wealthiest administrations in history. Whether they are the very wealthiest is impossible to say, since official disclosures top out at “over $50m”—a pittance for some of the assembled. But such disclosures are helpful in another way: they shine a light on the widely varying investment strategies of MAGA luminaries, and thus their widely varying outlooks on the world.
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This article appeared in the Finance & economics section of the print edition under the headline “Cannabis or crypto?”
Finance & economics
February 8th 2025
From the February 8th 2025 edition
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Trump’s tariff turbulence is worse than anyone imagined
Even his concessions are less generous than expected
Why silver is the new gold
Safe-haven demand and solar panels have sent its price soaring
Trump’s new tariffs are his most extreme ever
America targets its three biggest trading partners: Canada, Mexico and China
El Salvador’s wild crypto experiment ends in failure
Its curtailment is the price of an IMF bail-out. And one worth paying
America is at risk of a Trumpian economic slowdown
Protectionist threats and erratic policies are combining to hurt growth
India has undermined a popular myth about development
Extreme poverty in the country has dropped to negligible levels