While US stocks have been going from one record to the next, global asset allocators haven’t quite kept up. And that may keep the market’s upward momentum intact as fund managers try to catch up.
Investors are growing increasingly optimistic about Amazon.com Inc.’s position in artificial intelligence, lighting a fire under the stock and sending the company’s market capitalization soaring toward the rarefied $3 trillion level.
In today’s war-torn market, both are the supplier of last resort. One provides dollars; the other barrels. But that’s where the similarities end. The central bank can print the currency at ease; the drillers cannot.
Ford Motor Co. has finally hit upon an electric strategy that shouldn’t lose money. The key element is that it doesn’t involve vehicles — not for now, anyway.
Apollo Global Management Inc. announced last week that it will soon provide daily pricing for its private credit. It may not sound like a big move, but its decision to lift the veil on these assets could be the most impactful development in financial markets and investing in a long time.
State revenues are softening, and rainy day fund capacity has declined for the first time since the Great Recession, he wrote in his second quarter outlook report released Wednesday. The end of pandemic-era stimulus programs, slowing tax collections and rising costs are all adding to the weakness.
To understand the full impact of AI on advisor productivity, it’s important to look beyond speed alone. The more relevant question is whether efficiency gains are creating meaningful breathing room or simply raising expectations and expanding the scope of work.
Advisors may need to amend their wealth management or financial planning strategy, if many of their clients work in the public sector, or are based in geographic locations unevenly impacted by government cuts or mandates.
I’m all about trying to build bridges and fix things, and I am also a realist. I often tell clients there is a right way, and then there is what you can get done within your environment. I’ll always lean toward the second one.
The rules haven't changed. The obligation to capture, retain, and supervise communications is exactly what it was in 2021. What changed was the enforcement spotlight — and firms that have mistaken a quieter SEC for a changed regulatory landscape are building exposure that will surface eventually.
US equity futures pushed higher early Wednesday as traders snapped up technology shares after a pullback in the group, with enthusiasm around strong earnings outweighing a resurgence in inflation.
The nuclear power industry is booming. With electricity demand surging, dozens of nations have set a goal of tripling the world’s capacity by 2050. And the US, which has the biggest fission fleet, is pushing to quadruple output from its reactors.
Alphabet Inc.’s Google introduced a new high-end laptop segment called "Googlebook" that will run Android and prominently showcase Gemini artificial intelligence. Hardware partners Dell Technologies Inc., Lenovo Group Ltd. and HP Inc. will debut models built on the platform in the coming months.
Mamdani called the pied-à-terre tax and the change in the unincorporated business tax credit, which would mostly affect affluent taxpayers, “common-sense measures.” He said the city is working with Albany on plans to administer the second-home levy.
Nvidia Corp. co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition, thrusting AI and technology into the spotlight before a high-stakes Beijing summit.
The College for Financial Planning is a degree-granting institution offering various financial certification programs. It provides graduate degree, non-degree and continuing professional education programs for students. Founded in 1972, today it is part of Kaplan Financial and has trained over 165,000 professionals.
Once clients’ taxes are filed, most assume the story is over for another year. For many, filing season ends with relief, frustration, or confusion — a refund that feels arbitrary, a payment that stings, or little clarity about what to do differently next time. That’s where you, as the advisor, can step in.
Setting and working toward a financial goal that represents your own freedom number is well worth doing. I suggest treating that number as a beginning and a continuing journey rather than a destination. Recognize that achieving financial independence alone is no guarantee of happiness and wellbeing.
AI infrastructure costs just keep on rising. Big tech firms are likely to invest several trillion dollars over the next few years to satisfy your ChatGPT and Claude habit.
The nearly $13 trillion market isn’t the flashiest outpost on Wall Street, but it’s the vital plumbing that keeps the money flowing. Through repurchase agreements, or repos, firms exchange Treasuries for cash — typically overnight — providing the short‑term funding that underpins trading, settlement and market‑making across the financial system.
China investors are counting on the summit between Xi Jinping and Donald Trump to deliver just enough to sustain the detente trade underpinning stocks and the yuan.
A scorching rally in Intel Corp. shares is threatening huge losses for traders wagering that they’re due to fall. But that isn’t stopping them from placing those bets.
United Airlines Holding Inc. is returning to the municipal bond market with a junk-rated $256 million sale, after last year’s volatility forced it to postpone the deal.
Scalable personalization means saving time while not sacrificing the “secret sauce” that is unique to your practice. Time savings can come from scaling portfolio construction via model portfolios or direct indexing, adding tools or talent to complement strengths, and using technology like AI.
A look at the highlights for the year to date via four charts, including updates about diversification, economic indicators and the national debt.
Rather than worrying about the narrow impact of faster IPO inclusion on index fund performance, we think investors would be better served by focusing on the long-term expected returns offered by the markets in which they’re investing – in particular the U.S. and non-U.S. equity markets.
Gold bugs often claim that when more dollars are in circulation, each dollar buys less; prices rise, and gold, as a store of value, helps protect purchasing power from that decline. As a result, they believe that a rising money supply, in and of itself, is inherently inflationary.
Copper headed toward its highest close ever — and other metals advanced — as traders shrugged off the apparent deadlock between the US and Iran to join a broader rally for risk assets.
Oil rose after US President Donald Trump rejected Iran’s response to his latest peace proposal, prolonging the effective closure of the crucial Strait of Hormu
Retail traders largely sat out a record-setting advance in chip stocks in April. Now they’re diving in just as worries mount that the group’s rally may be losing steam.
Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build
Putting money directly into Trump accounts is fundamentally different: It goes directly to the beneficiaries. Whether it will be more effective at improving prosperity or reducing populist anger is unclear. The public/nonprofit model can be better targeted and address specific societal needs, such as hunger or education.
DoubleLine Capital’s Jeffrey Gundlach is repositioning some of his funds for the extreme scenario that the US government could choose to restructure its debt in response to a potential future recession.
US stocks were on track for a record closing high, buoyed by semiconductor stocks, strong monthly payrolls figures and a US-Iran ceasefire that appeared intact even with overnight clashes near the Strait of Hormuz.
US employers added more jobs than expected for a second month and the unemployment rate held steady in April, indicating the labor market is holding up despite rising energy costs sparked by the Iran war.
Opening a 529 plan is a tax-advantaged way to set aside money for college. The money you contribute can grow tax-deferred and qualified withdrawals are tax-free.
Warren Buffett shared his usual wisdoms about patience, diligence, prudence and kindness in a CNBC interview the morning of Berkshire Hathaway Inc.’s annual meeting last Saturday, the first in many decades that the oracle did not lead. But the sign that hung above him spoke loudest.
The Artemis II mission was a glorious moment for space exploration and a sign of a potential $1 trillion investment boom in the global space industry over the next decade.
Exchange-traded funds can be the source of liquidity that retail investors need after ramping up exposure to private assets, BlackRock Inc. executives wrote in a report.
An historic surge in US stocks has pushed equities to fresh highs, yet signs of overheating sentiment suggest that the rally may be entering a slower phase.
For a bunch of unremarkable warehouses, they’re generating a lot of controversy. Data centers — low-slung facilities that house the server racks and energy systems that underpin the digital economy — have become a heated issue on the campaign trail. Politicians from both parties are pushing bills to restrict them. Some want a nationwide “moratorium.” That would be a historic mistake.
Wall Street banks are getting ready to raise billions of dollars taking data center companies public, even after IPO investors have already piled into anything that looks like a bet on artificial intelligence spending.
The thinking behind space solar makes some sense: The sun doesn’t always shine on Earth, which means solar panels on the ground aren’t always gathering energy. There are no clouds to block the sun in space, so aside from a couple of times per year around the equinoxes, panels in GEO are constantly bombarded with solar rays.
Sometimes small changes speak loudly. Deutsche Bank AG’s new chief financial officer, Raja Akram, put the German lender’s consumer and asset management businesses before its corporate and investment banking units in his first earnings presentation last week.
April saw a variety of articles published on Advisor Perspectives address core questions with which advisors and their client must contend.
Sophisticated clients and institutional prospects are already asking wealth management firms about AI governance. The firms with coherent answers are winning trust their competitors cannot buy back quickly.
Gen Z is coming of age in a world very different from that of their parents. Advisors who want to connect with this cohort need be conscious, not only of Gen Z’s biases and unique perspectives, but also of their own preconceptions and tendencies.
Is good news about the economy bad news for the stock market once again?
Listening is a skill that can be taught, can be learned, and can be practiced. If a client doesn’t think their advisor is really listening to them, they might take that opportunity to find another advisor who does.
The ability to explain something is not the same as having clarity on why it matters. Some advisors know exactly where their value sits and how to explain it. For others, it’s less obvious. If that’s the case, this isn’t something you solve by rewriting your messaging. It requires taking a step back.
