I had a recent experience with an ultra-high net-worth investor that was disturbing.
An uncontrolled popular urge to speculate in financial markets is giving regulators a headache everywhere. It is especially worrying in India, where trading in futures and options is now more than 400 times bigger than the underlying cash-market turnover.
Federal Reserve Chair Jerome Powell faces a communications conundrum at the central bank’s policy meeting this week. Luckily for him, he could just let the Summary of Economic Projections do most of the talking — and avoid unnecessary misunderstandings.
‘Tis the season for headlines about the prices of some very specific items, such as a 16-pound turkey (down from last year) or a Christmas tree (up). None of these prices, however, is a good barometer of the overall cost of living.
To break out of your prospect’s selection process and avoid being commoditized as an advisor, you must shift them out of their shopping-mode mindset.
As an advisor specializing in retirement planning, I frequently work with professionals who want to explore early retirement.
Bitcoin traded near $42,000 after a turbulent stretch that lopped almost 8% from the largest digital asset and stirred predictions of more volatility heading into year-end.
Do you use your company email for personal purposes? If so, think twice. Then stop.
Support for ESG has plummeted among Millennial and Gen Z investors, typically the strongest backers of environmental, social and governance-related issues, as a more turbulent financial outlook tempers enthusiasm, according to a survey from Stanford University and the Hoover Institution.
Investors are pouring cash into the world’s largest exchange-traded fund tracking emerging-market debt as confidence mounts that the US Federal Reserve is nearing the end of its aggressive monetary tightening campaign.
US company earnings are likely to weaken in the fourth quarter before a rebound in 2024, according to Morgan Stanley’s Michael Wilson.
Most of your websites are horrendous. If you are making any of these six mistakes, fix them right now.
The most accurate US bond forecasters of 2023 say the strong year-end rally won’t stretch into 2024.
Last week’s article helped you determine if your clients would benefit from consulting a financial therapist. But how do you find one?
Passive investing means buy and hold, and that’s not what I do for my own portfolio or recommend to clients. Here are eight ways I’m an active investor.
The Stone Ridge High Yield Reinsurance Fund (SHRIX) was introduced a decade ago to provide pure exposure to catastrophe-reinsurance risk that had historically delivered excess returns. Let’s look at how it performed over that period.
The chief risk for your clients who are in retirement or approaching that phase of life is the solvency of Social Security.
Last year was a record one for personal income taxes in the US and close to a record for taxes overall.
You’re young. You’ve got a little money to put away every month. You aren’t madly engaged with markets. But you want to invest for the long term in a low-cost, properly diversified manner. What do you do? Ask almost anyone and you will get the same answer.
Investors are facing a pivotal week as a key measure of inflation that hits Tuesday and the Federal Reserve’s interest-rate decision on Wednesday are expected to set the tone for the stock market and economy heading into 2024.
The S&P 500 Index will hit a record high in 2024 as the US avoids sinking into a recession, although a weaker consumer will mean the index gains less than this year’s 20% surge, according to Bloomberg’s latest Markets Live Pulse survey.
Well, the strength of the US economy surprised everyone once again on Friday. We learned that the unemployment rate fell to 3.7% in November, average hourly earnings grew by 0.4%, and 199,000 more jobs were added when economists were expecting around 185,000.
The fate of the S&P 500 is increasingly resting on whether a handful of the biggest technology companies can parlay artificial intelligence investments into even higher profits.
Chinese stocks staged a sharp recovery in afternoon trading, with a spike in volumes for an exchange-traded fund tracking state-owned shares fueling speculation of government buying.
It’s a lose-lose situation for US stock investors next year, according to Marko Kolanovic, JPMorgan Chase & Co.’s chief market strategist.
US household wealth declined in the third quarter by the most in a year on a drop in the value of stock holdings.
When it comes to commercial real estate, a lot of attention is obviously paid to offices. But it's not the only sector facing strains.
Jeremy Grantham is a famous bubble hunter, quick to point out speculative excess on Wall Street and beyond.
Against the odds, the Federal Reserve’s effort to guide the US economy to a soft landing — reducing inflation without causing a recession — seems to be working.
It should be no surprise that Bitcoin sold for over $44,000 this week, more than double its March 13 price. Going back to 2014, it has taken the cryptocurrency an average of nine months and 21 days to double; the milestone came 28 days early this time.
Artificial intelligence holds far-reaching consequences for modern economies. Many of the jobs we are asked to do will change; a lot of them might disappear altogether.
Stock markets will suffer in the first quarter of 2024 as a rally in bonds would signal sputtering economic growth, according to Bank of America Corp.’s Michael Hartnett.
A tough year for banks has left shares cheap, but Wall Street analysts are still hesitant to declare it’s all-clear for the sector as concerns over credit markets loom.
Bond traders who powered a ferocious rally in the $26 trillion US Treasury market are about to find out if they’ve gotten ahead of themselves.
Early last year, critics — and there were many — said the Fed was woefully behind the curve on inflation, and that the only way it could win the battle was to push the economy into a damaging recession by raising interest rates very high, very fast.
Would you gamble your life savings on a few hands of blackjack? Probably not.
Homebuyers have suffered some severe whiplash in recent months. After all, when mortgage rates hit 8% in late October, it was reasonable to think the housing market would stay on ice throughout the winter.
The sizzling global bond rally stalled on Thursday ahead of a key US jobs report, with a slump in Japanese debt adding to the nerves of Treasury traders already fretting that yields had dropped too far.
Stock investors are turning to roughed-up corners of the market from small caps to value shares as they seek out bargains with the S&P 500 Index riding a five-week winning streak and soaring almost 9% since the start of November.
The Treasuries market took another leg higher on Wednesday, as a slowdown in private-sector job creation further encouraged traders to bet on US interest-rate cuts ahead of broad labor-market data due Friday.
US mortgage rates fell to the lowest level in almost four months last week, spurring the biggest demand for refinancing since February.
The notoriously saturated $7.7 trillion ETF industry is this year poised for the second-highest number of closures, as the pandemic-era day trading boom fizzles out.
The federal deficit is already high at 6% of GDP. But if a recession hits – as Jeffrey Gundlach fears will happen next year – unemployment will rise, and the deficit and the interest the government pays on it will cripple the economy.
Student loan interest rates are different depending on whether you have federal student loans or private student loans. The short explanation is that federal student loans are a better deal.
The US Supreme Court heard arguments on Tuesday over a dispute over a $14,279 tax bill — and the slightly more consequential question of what counts as income under the federal tax code, a definition the Biden administration would like to expand.
“BUY BTC.” The logo stamped on this week’s leaked version of the Grand Theft Auto VI trailer, depicting a faux glamorous world of speedboats, supercars and “shoot-em-ups,” was well timed.
There are plenty of high-performing private investment vehicles in India, but it’s the few that are being set up for dubious purposes that may bring harsher regulatory scrutiny to the country’s most rapidly expanding asset class.
Jesse Livermore scanned trendlines. Warren Buffett sought a margin of safety. Peter Lynch bet on growth rates. In the long history of markets, trading systems and investment formulas hold an honored place.
Apollo Global Management Inc.’s Marc Rowan said it’s getting harder for active managers to beat indexes in public markets and that it is easier for investors to find alpha in private markets.
MetLife Inc., the biggest US life insurer, downplayed concerns about the faltering commercial real estate market amid signs that occupancy is starting to recover.
