There is a seasonality in asset class investment performance that is revealed in the history of calendar month returns. Based on history, investors should be “all in” U.S. stocks this August but “mostly out” in September.
While the US has indeed enjoyed a tremendously exceptional economic environment over the past 125 years, this has not translated into earnings growth that US companies could freely tap into.
My takeaway from the GPT-5 launch has been that while AI companies can tout overall performance on various benchmarks, these are becoming increasingly less relevant.
Vanguard Group has filed plans with the Securities and Exchange Commission for its priciest exchange-traded funds yet as the asset management giant seeks to beef up its actively managed lineup.
Emerging-market funds are pivoting to capture the artificial intelligence craze, with some investors predicting that booming technology spending will drive returns for years to come.
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market.
Advanced Credit Solutions is a tiny finance firm based in Luxembourg that was founded by a Belgian and works with insurers. Despite its outwardly bland appearance, the business it does is anything but.
Advent is working on an offer to acquire U-blox Holding AG in a deal that could value the Swiss maker of positioning chips at more than 1 billion Swiss francs ($1.2 billion), according to people familiar with the matter.
Traders are snapping up risky assets of all stripes in the hope that falling US interest rates will add rocket fuel to an economy that’s so far been able to withstand the effects of Donald Trump’s trade war.
Apollo Global Management Inc. is aiming to invest in artificial intelligence, defense and infrastructure in Europe, where trillions in spending is needed, its co-head of European credit Tristram Leach said in a Bloomberg TV interview.
Main Capital, a Dutch buyout firm focused on software deals, is pushing to more than double its assets under management to €15 billion ($17.5 billion) in the next three years, betting on rising demand from US investors for European assets.
Bullish shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering.
China’s economy slowed across the board in July with factory activity, investment and retail sales disappointing, suggesting Beijing’s crackdown on destructive price wars and spillovers from Donald Trump’s tariffs are casting a pall over the world’s No. 2 economy.
Hedge funds added exposure to technology giants including Microsoft Corp. and Netflix Inc. in the second quarter, a stretch that saw an initial surge in volatility due to President Donald Trump’s trade policies but ultimately ended with major benchmarks posting significant gains.
A pair of new bond exchange-traded funds is making it easier than ever for investors to avoid taxes on coupon payments.
UnitedHealth Group Inc. shares jumped after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results.
Wall Street banks are starting to cover firms that are not publicly traded. JPMorgan Chase & Co. kicked off the trend with a report on OpenAI Inc. Citigroup Inc. followed suit a week later with a list of roughly 100 large private companies it will focus on, predominantly in the tech sector.
President Donald Trump’s chaotic tariff policies have upended global trade and led to questions about whether the days of US exceptionalism and leadership that attracted capital from around the world are over.
America is a free country. People are allowed to take all sorts of ill-considered risks.
President Donald Trump’s move to extract a 15% sales tax from Nvidia Corp. on certain semiconductors sold in China did nothing to damp investor enthusiasm for the world’s most valuable company.
Apple Inc. is plotting its artificial intelligence comeback with an ambitious slate of new devices, including robots, a lifelike version of Siri, a smart speaker with a display and home-security cameras.
US short-dated bonds yields fell to their lowest levels in more than three months, reflecting conviction among traders that the Federal Reserve will cut interest rates in September.
Sam Altman has a good problem. With 700 million people using ChatGPT on a weekly basis — a number that could hit a billion before the year is out — a backlash ensued when he abruptly changed the product last week.
If you’re fighting an antitrust lawsuit that might end up breaking your company into pieces, one defense is to argue that those pieces would wither away if separated from the mother ship, thus creating a worse outcome for the consumer.
When going through a merger or acquisition, business continuity can be tricky. But advisor teams that make sure they are combining with firms with aligned cultures, services or business trajectories have a much higher chance of a successful transition — and retaining clients.
Your clients need to plan for long-term care, and you need to help them do so. The best way to start that process is to dissuade them from assuming that LTC equals a nursing home.
A CCO’s first 90 days often set the tone for long-term success — or sustained struggle. To better understand what matters most during this transition, we spoke with seasoned compliance leaders navigating the realities of financial services today.
Find ways to segment your clients by those who want to be with you physically and those who do not. Have different strategies for how you will engage each group. You can make it work no matter what communication forum you use, even if sometimes it takes extra effort.
Stodgy equity mutual funds have been bleeding cash for years, losing out to cheaper and often better-performing alternatives.
Crypto exchange Bullish hasn’t gone public yet, but that isn’t stopping an ETF issuer from trying to capitalize on the hype.
The US oil industry is often compared to being on a treadmill: you run fast just to stay still.
Hong Kong is confronted with two gravity-defying puzzles this year. Investors are asking why the city’s interest rates are so low, and yet the housing market is so bad.
Generation X, defined by those born between 1965 and 1980, is rapidly approaching retirement age. At the same time, a growing body of financial data reveals this is a generation at risk of falling short.
Now that we are six months into the second Trump administration, it is worth revisiting the economic philosophy that I refer to as “TrumpBessenomics.” The term captures the fusion of Donald Trump’s populist, growth-oriented agenda with the strategic and data-driven approach of Treasury Secretary Scott Bessent.
In a twist on Wall Street’s traditional market plumbing, some of the biggest names in finance used a crypto blockchain to trade US Treasuries for digital dollars — on a Saturday.
US stocks rose on Tuesday after the latest consumer price index report stoked bets that the Federal Reserve is virtually certain to resume cutting interest rates next month.
Emerging-market stocks and currencies erased their early declines after a key US inflation report came in line with estimates, encouraging bets that the Federal Reserve will be able to start cutting interest rates next month.
Beijing has urged local companies to avoid using Nvidia Corp.’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China revenue after the Trump administration reversed an effective US ban on such sales.
A quarter of a century ago, when Microsoft Corp. used its dominance of the personal computer market to force people to use Internet Explorer, it famously led to a devastating antitrust lawsuit loss that some believe held the company back for more than a decade.
The popularity of lab-grown diamonds is making me question the beauty of markets, which is their ability to place a value on pretty much anything.
We hope you find this alternative perspective based on forward-looking excess expected return helpful (and stress reducing) as you consider putting money to work in stock markets today and in the future.
Investor behaviors and preferences during the dot-com boom/bust and the current environment are similar. It's too early to label the recent speculative activity as a boom on the same scale as the late 1990s.
The central theme of “Our Dollar, Your Problem” is the global dominance of the U.S. dollar and what might dethrone it in the future. Rogoff’s concern about U.S. government debt and its possible effect on the value of the dollar is warranted.
As the specter of stagflation ripples through equity markets, investors are zeroing in on the upcoming consumer inflation report to see how close the dire economic scenario is to becoming a reality.
Jack McIntyre’s US global bond fund, aided by a slumping dollar, is posting one of the best performances in its almost two decades of existence. His challenge is convincing investors that it’s more than just a flash in the pan.
Christopher Harvey, head of equity strategy for Wells Fargo Securities LLC, has left the firm.
The Fed has long been criticized for reacting too slowly to economic developments, an inevitable consequence of relying on lagging government data. Now the Fed and BLS are likely to face even more pressure to catch up.
When it comes to fakes and dupes, of everything from Lululemon Athletica Inc. leggings to Dior handbags, imitations are most threatening when the real thing isn’t delivering.
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may unnerve both US companies and Beijing.
