The US 30-year yield rose to the highest level since Nov. 16, Thursday, joining the rest of the Treasury market in offering investors a return of at least 4% after another batch of strong labor-market data.
Whether you’re a lover or loather of Jim Cramer — and on both Wall Street and Main Street, there are plenty of each — you’re now able to express that view via the magic of ETFs.
China has pledged to invest an additional $1.9 billion in the country’s biggest maker of memory chips, a deal that may herald a renewed influx of government capital into an industry hemmed in by US sanctions.
In telling their stories about how the future is bright for stocks, bulls point to solid earnings to justify the optimism. But cracks are forming in that narrative — in the trajectory of profits, and just as worryingly in the makeup of the profits themselves.
January’s optimism about the bond market seems like a long time ago.
The US Supreme Court’s conservative majority cast doubt on President Joe Biden’s plan to slash the student debt of more than 40 million people, imperiling one of his signature initiatives in a high-stakes showdown over presidential power.
OpenAI is making its ChatGPT tool available to companies to incorporate into their own apps as it seeks commercial uses for the wildly popular chatbot.
I want to offer some tips if you are considering coaching or training for your important team members.
While our individual attitudes about money aren’t always harmful, my ability to serve my clients is enhanced when we work together to examine – and where necessary challenge – beliefs about money that may be holding them back.
Stop burning up fuel and generating heat in the lower gears, doing general marketing activities that only attract more non-ideal clients and overload your system.
Do we have to sit around and hope Alzheimer’s doesn’t afflict us, or can we do anything to skew the odds in our favor?
Scores of counties offer a free monitoring service to taxpayers if a new need is filed for a property.
The stock market’s resurgent enthusiasm for Tesla Inc. is poised for a test Wednesday when Elon Musk unveils his latest and much-hyped “master plan” for the electric-vehicle maker.
US homebuyers are increasingly paying in cash. The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more regular buyers turned to self funding to dodge punishing mortgage rates.
The asset management industry is overlooking what promises to be a major new ESG risk: biodiversity.
In just one month, emerging Asian assets have gone from a buy to sell. And all signs point to continued caution as March draws near.
If you’re a wealth manager looking to purchase CRM software, consider a few essential items to set yourself up for seamless integration and tech stack success.
Turbulent equity markets and lofty bond yields has cash back in high demand.
I’ve identified five core competencies that help firms run more efficiently and effectively. Here is a bit about each and how your CRM can help.
For the first time in decades, Wall Street strategists are collectively pessimistic about the stock market over the coming year.
Consumers want meaningful connections, authenticity, and value from credible sources, whether or not they have “celebrity” status.
As we begin 2023 and you think about how you want to market your financial advisory business, my number one tip is this…
Here are the top three trends that will affect ETFs in 2023.
Being flexible with spending matters. My analysis shows that variable spending strategies – including floor-and-ceiling, guardrail, actuarial and other methods – can dramatically increase sustainable retirement spending.
Low-volatility strategies are often cited as an anomaly offering higher returns without a corresponding increase in risk. But the so-called low-volatility factor is well explained by other factors, and new research shows it does not reduce exposure to “systemic,” broad-economic risks.
In the final analysis, Dan's confidence borne of providing good financial advice for 17 years proved meaningless.
President Joe Biden faces a formidable obstacle in his bid to slash the student debt of more than 40 million people: a US Supreme Court that has repeatedly thwarted his agenda.
Wall Street’s vaunted leveraged finance desks are reeling. Billions of dollars in losses on mistimed loans have forced them to dramatically scale back lending, leaving the private equity firms that rely on them to help fund acquisitions in a bind.
There’s something of a ritual performed each time Federal Reserve Chair Jerome Powell speaks to the press: A reporter asks Powell about financial conditions; he says they’ve tightened a lot; the Wall Street crowd snickers.
Stock-market believers are looking past the roughest stretch in months for US equities and clinging to bets on a rally in the back half of the year once the Federal Reserve stops hiking interest rates.
A cohort of Wall Street’s emerging-market bulls is growing wary of calling a new dawn for riskier assets, opting for a more cautious approach to developing-nation currencies.
The asset management unit of JPMorgan Chase & Co. has wiped its ESG portfolios clean of their exposure to the Adani empire.
Research from Vanguard suggests that investing in commodities is the most powerful way to hedge against unexpected inflation.
US pending home sales rose by the most since June 2020, potentially a temporary reprieve as lower mortgage rates in the month helped prop up demand.
As President Joe Biden’s administration prepares to accept requests for $39 billion in funding to jumpstart US production of microchips, his commerce chief emphasized the program’s focus is strengthening national security rather than boosting struggling chipmakers.
Many investors believe that gold is a safe long-term investment that can be used to hedge against risk. But should you include this precious metal in your retirement portfolio?
If your clients still have jobs, this article will discuss what you can do to help them prepare for a possible layoff.
A gold IRA is one way to diversify your retirement portfolio. It can protect your savings from plummeting in the event of a stock market crash or high inflation.
For those advisors working with foreign nationals on work visas, I’ll discuss a couple of things you can do to help your clients who are impacted.
The US was unseasonably hot in January, and it wasn’t just the weather.
In a dark future for humans on Wall Street, banks fire traders en masse as artificial intelligence models like ChatGPT take over bond and commodities markets that were once too tough to automate.
In February 2017, Cathie Wood went on Bloomberg Television to make her case that the $10 trillion global mobility market would be severely disrupted by electric vehicles and networks of autonomous taxis.
US economic growth in the fourth quarter was weaker than previously estimated, reflecting a downward revision to consumer spending as the Federal Reserve’s preferred inflation figures were revised higher.
Professional speculators aren’t convinced that the worst is over for one risky corner of the stock market despite a rousing new-year rally.
Leveraged properly, AI technology can serve as a partner instead of an adversary.
Janus Henderson Group Plc’s new boss has a plan to revive the struggling money manager, whose clients have yanked about $130 billion since 2017.
The rally in Chinese artificial intelligence stocks is showing further signs of cooling amid media reports of authorities banning access to OpenAI’s ChatGPT service.
A week after JPMorgan Chase & Co.’s Marko Kolanovic issued a “Volmageddon 2.0” warning on the explosive rise in short-dated options, Bank of America Corp. strategists are pushing back.
Some of the world’s largest economies ramped up calls to increase support to troubled emerging countries ahead of a Group of 20 finance chiefs meeting.
Billions of dollars are accumulating in Moscow beyond the reach of its foreign owners.
