Several of our team members have had some very difficult life experiences over the last year.
Here are the 10 best books I read from September 2021 through August 2022.
Have you noticed the epidemic of poor follow up? Recently, I did a LinkedIn survey asking this question and 88% of respondents said ”yes.”
When the supply and demand for bonds normalize, bond investors will realize that economic, inflation and other factors warrant much lower yields.
Investor risk tolerance drives portfolio decisions, yet many financial advisors are rightly concerned about the accuracy of risk tolerance assessments. Why is it so hard? How can we get it right?
US trading titans and brokerage firms are building a crypto exchange that brings investing in digital assets further into the domain of traditional finance, by mimicking the structure of how other asset classes trade.
A valuation bulwark that had supported stocks relative to credit is starting to erode.
US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve.
“CPI Tuesday” doesn’t have the same ring as some other regular market dates, but there’s little denying that no single data release matters more these days than US consumer price inflation. Tuesday morning’s release on price rises in August will matter a lot.
Peak bond-issuance week is in the books, and high-grade corporate bond deals are hanging tough in the face of recession fears and surging risk-free rates, a trend that appears to be extending into the second week of September.
President Joe Biden is going to spend several hundred billion dollars to cancel the debts of millions of college students. This big outlay will probably bolster his standing among graduates in the up-to-$125,000-a-year salary range who populate the deep-blue voting grounds of urban America.
Keeping your fees at market rate is respecting yourself. It helps you enjoy your work, assures that you show up fully for your clients, and will ultimately keep them happier.
The dirty little secret of office expenses is you should never pay for it as a variable expense.
How can you leverage the keystone concept to unlock the practice of your dreams?
Earning the coveted charter requires passing a notoriously difficult, three-part exam. But with a clear plan and supportive colleagues, it’s doable and rewarding.
The world is undergoing a dramatic energy regime shift that has been accelerated by recent events, including the COVID crisis, the Ukraine war, and growing concerns about climate change. The Harbor Energy Transition Strategy ETF was introduced to position investors for this transition.
Investors increasingly want more control and customization of their portfolios. Personalized managed accounts give them the opportunity to do that.
The historical evidence strongly suggests that equity returns are likely to be lower in a lower bond yield environment and this needs to be incorporated into financial projections and investor decision making.
It's been three months since the elevated May consumer prices report led the Federal Reserve to adopt a "whatever it takes" mentality to fight inflation.
As policy makers vie to claim the mantle of hawk-in-chief, spare a thought for what we like to think of as the recovery.
Bitcoin extended a rally amid a brighter mood in global markets and as traders await US inflation data and monitor a seminal upgrade of the Ethereum blockchain.
Americans have driven up their credit balances at a record pace this year.
White House Chief of Staff Ron Klain has taken to tweeting the price of a gallon of gasoline on a daily basis, a habit that’s convenient for him as long as it continues its steady decline.
Amazon.com Inc. shares are back in a familiar role of outperforming after an ugly first half of 2022, even as investors brace for a slowdown in growth at the e-commerce and cloud computing giant.
Around the world, soaring borrowing costs are squeezing homebuyers and property owners alike.
There is one and only one S&P 500 sector that is up massively this year.
Advisors won the last war – true professionals achieved victory by adopting fiduciary principles and providing comprehensive planning. But a new battlefront has emerged – what I call the “next argument” – and achieving victory will slow and painful.
ESG investing is growing rapidly in retail wealth management. But most of the large ESG ratings providers are focused on institutional asset managers, not retail wealth managers.
The spectacular underperformance of the FAANGs this year came as no surprise to investors familiar with the history of growth stock bubbles. As happened in the lead up to the dot com and Nifty 50 bubbles, P/E ratios increased without any material justification.
In the year's final quarter, there are several ways to help your clients and build trust. Here are four reasons to reach out to ensure you don’t miss prime opportunities to touch base with your clients.
One area that needs an investment of time and resources to improve the client experience is the onboarding process, wrought with paperwork.
Seasoned investors, staring at a world clouded by war, inflation and economic uncertainty, are buying catastrophe insurance at a record clip.
Federal Reserve Bank of St. Louis President James Bullard says he has become more supportive of a third straight 75 basis-point interest rate increase and Wall Street is underestimating the likelihood that the Fed will hold rates at higher levels next year.
Sales of bonds backed by debt associated with single-family rental housing has soared over the last two years, as rents climbed across the country.
The White House says the environmental impact of producing cryptocurrencies like Bitcoin could impede US efforts to combat climate change.
If 2021 was the breakthrough year for mRNA vaccines, then 2022 may be the breakthrough year for artificial intelligence.
Shortfalls in retirement savings have been widely regarded as a crisis of our times.
Tesla Inc. is plotting a potential lithium refinery on the gulf coast of Texas, a move that would bolster the company’s battery-production efforts and further expand its footprint in the state.
Normally, this section of Point of Return closes the newsletter. Not today. If there was ever a great survivor, it was Elizabeth II, who has passed away after seven decades as Queen of England.
Americans in their early 60s are pretty close to record labor-force participation, too. The big declines are all among those 65 and older.
Even fans of student debt relief will admit it doesn't solve the core problem of crushing higher education costs.
As more US workers start new jobs, they should take a closer look at their employers’ options for retirement savings. An underused account called a Roth 401(k) could help minimize taxes in the long run and multiply how much savers eventually have.
Three months after the Federal Reserve stopped reinvesting all of the maturing Treasury securities in its portfolio -- allowing $30 billion a month to run off -- its holdings of the debt ought to be lower by $90 billion.
The Federal Reserve’s battle to bring inflation under control will likely cause more harm to the US and world economy than is currently appreciated, according to a pair of papers set for presentation at a renowned economic conference this week.
General Motors Co. is ready to test both the mass market’s appetite for electric vehicles and its own strategy to provide them.
High prices and a tight labor market weighed on US economic prospects over the next year, though inflation showed signs of decelerating, the Federal Reserve said.
When the National Football League’s regular season kicks off Thursday, millions of fans will settle into their easy chairs to watch America’s biggest, richest sport. But a different, multibillion dollar match will unfold a week later.
Major corporations have made a one-way bet on renewable power: more of it, every year.
Global imbalances are growing ever more intense, and that’s visible most clearly in the incredible strength of the US dollar. It’s becoming quite extraordinary.
Could a disruptive cash crunch ensue, along the lines of what happened in money markets a few years ago?
