Since the beginning of the century, when he started following the industry that makes silicon and germanium, whose units are measured in a billionth of a meter, or a nanometer, Adam Benjamin has helped investors profit from the smartest part of the world.
Are you a Grinch?
One of Cathie Wood’s exchange-traded funds has executed a massive shake-up in its Bitcoin-related holdings as the cryptocurrency rounds out a blockbuster year.
The “vibecession” that has confounded economists for the past two years is finally behind us.
Around the world, major cities are struggling with a severe crisis: Housing has become so expensive that it’s repelling skilled workers, undermining growth and even fomenting political extremism.
Educating clients, reaffirming their financial goals and addressing other key issues are vital tools for maintaining a steady course during volatile times.
If you own bond funds in a taxable account, it is possible to turn some of the SEC yield into long-term capital gains taxed at lower rates, which could save a bundle. Here’s how.
When financial planning pioneer Sidney Kess passed away last September at the age of 97, he was long-established as an active thought leader, contributing to the field for over 70 years.
It has been my tradition to informally rate the investment-related books I read in the past year. Here is my list of winners and losers.
After a year marred by the biggest US bank failures since the 2008 financial crisis, the nation’s largest lender is on familiar footing — scooping up a weakened rival, reeling in its clients and minting record profits along the way.
The soft-landing scenario that investors see for next year points to further gains in US stocks. But it also dims the prospect of another stretch of wild outperformance for the technology giants that dominated in 2023.
This year’s hottest options trade is catching on with Wall Street’s nerd contingent.
Crypto hedge funds that survived a bruising 2022 are recovering, and many are thriving. Some are even expecting a banner 2024.
Whatever you’ve been told about your retirement, odds are that it’s wrong. Saving enough for your retirement, and investing the right way, are truly among the hardest of all financial problems. In many ways, it’s more difficult than running a large endowment or hedge fund — and yet we all must do it.
Albert Edwards, Societe Generale SA's chief global strategist, hasn't been the top-ranked Extel survey macro analyst for the past 20 years because he's an optimist.
Great articles don’t always get the readership they deserve. We’ve posted the 10 most-widely read investment and planning articles for the past year here and the top practice management articles here. Below are another 10 that you might have missed, but I believe merit reading.
The growing gap between the rate on the Federal Reserve’s nascent funding facility and what the central bank pays institutions parking reserves suggests officials will let the program expire in March, according to Wrightson ICAP.
Goldman Sachs Group Inc.’s head of global currency, rates and emerging-markets strategy says he’s learned two main lessons from one of the biggest — and most-common — bad calls of 2023: the bet on post-pandemic China’s reopening boom.
Something odd is happening to the world’s most valuable resource. Time is simultaneously speeding up and slowing down. We live in a world of instant communications and superfast internet. We also live in a world of infrastructure projects that crawl along for decades.
Home prices in the US rose for a ninth straight month, reaching a fresh record as buyers battled for a stubbornly tight supply of listings.
Last year at this time, 85% of economists in one poll predicted a recession this year — and that was an optimistic take compared to the 100% probability of a recession forecast two months earlier.
“I believe the overall market will be up 10% to 15% from today's level by the end of 2024,” said Jeremy Siegel in our annual interview.
On the surface, it was your run-of-the-mill private credit deal. A bunch of heavy hitters in the industry — Oak Hill Advisors, Antares Capital and Golub Capital — were providing half-a-billion dollars to fund the buyout of an engineering firm.
Avi Schiffmann is an entrepreneur with a crazy idea that might become our new reality. Recently, he went on a podcast and then wondered afterwards about how he’d presented himself.
Cevian Capital AB’s $1.3 billion bet on UBS Group AG is unusual in more ways than one. The Stockholm-based investment firm is typically a quiet activist, working behind the scenes to steer management thinking. This time it’s being very public about what looks like a straightforward value play.
A small cadre of Wall Street economists who’ve been surprised by the economy’s resilience in 2023 are doubling down on expecting pain for American households and businesses in the new year.
Even before the Federal Reserve has begun cutting interest rates, the mere anticipation of such moves is already thawing the US housing market.
The rally in US stocks is showing signs of fatigue, and investors should be ready to buy into any declines, according to Citigroup Inc. strategists.
The Federal Reserve was supposed to leave center stage by the end of the year and let other factors play the leading role in determining asset prices in the advanced world and beyond. Instead, it has written itself an encore act that’s full of confusion.
It sounded quixotic, and so it proved. Activist investor Jeff Ubben is winding down his social and environmental impact funds, a project that sought to harness capitalism for the simultaneous benefit of society and shareholders.
As is our custom, we conclude the year by reflecting on the 10 most-read investment and planning articles over the past 12 months. Tomorrow, we will highlight the 10 most-read practice management articles.
As is our custom, we conclude the year by reflecting on the 10 most-read practice management articles over the past 12 months. Tomorrow, we will highlight the 10 best articles you probably missed.
Since the financial crisis of 2008, policymakers have been cracking down on leverage at banks. As a result, banks cut back on any lending that didn’t seem profitable enough if it wasn’t juiced by leverage.
This year’s hottest derivatives trade, and perhaps also its most divisive, stole the limelight one final time for 2023 as market watchers cast zero-day options as the villains behind Wednesday’s rally-ending slump in US equities.
Treasuries rallied along with global bonds, sending benchmark yields to multi-month lows, as traders bet the world is entering a new, disinflationary period by wagering on more interest-rate cuts next year.
The end of one year and the start of another is always a good time to admit one’s mistakes. And I got something wrong — really wrong — about remote work.
If the prices of the magnificent seven outperformed their fundamentals, it will be much harder for a repeat performance in 2024.
The conflicts of interest facing independent advisors are far fewer, less complex, more transparent and better understood by retirement investors. This is what opponents of the DOL rule won’t acknowledge.
Our support team – assistants, ops and general relationship-management support – does not share in the overall comp of the firm.
The “addiction to prediction” can have detrimental effects, as it shifts focus from the financial health of companies to baseless forecasting, often leaving investors vulnerable to market volatilities.
When Porsche AG sold shares last year, the German sportscar maker hoped to follow in the gilded footsteps of Ferrari NV and achieve a valuation more in line with a luxury goods company rather than a metal-bashing automaker.
AI applications are only one piece of the client engagement puzzle. And they shouldn’t be your first stop for building digital engagement.
A profit warning in the week leading up to Christmas is never a good look. This year’s shock has been provided by Superdry Plc. With just a few shopping days to go until the holiday, investors should be braced for more bad news from other retailers.
An ETF startup is trying to launch a Bitcoin fund, but with what looks to be an environmentally friendly twist amid continued scrutiny the industry faces around its potentially harmful impacts.
Offering unsolicited advice has the highest potential to destroy the trust between you and your client.
Jonathan Hoffman, John Bonello and Jonathan Tipermas share more than just similar first names. They’re the driving force behind a gigantic wager on government debt that’s been giving regulators sleepless nights.
A stellar year on Wall Street is propelling the biggest rally since 2019 in the MSCI World Index of developed-market equities, pushing the gauge closer to its record high and leaving emerging-market peers trailing far behind.
This year’s run-up in technology stocks, and particularly chipmakers, has left many with price tags so lofty it may seem like now is the time for firms to split their shares.
Are you an experiencing a decline in the acquisition of new clients?
We are shrugging off geopolitical risks. Not only the latest war in Israel, but Russia and Ukraine. The market is still pricing in some Fed cuts next year.
