What is the best way to go into performance-review discussions so team members share their experiences and are not worried about their futures?
Treasury yields resumed their downward slide — with the benchmark 10-year note’s falling to the lowest level since Sept. 1 — after the latest sign of labor-market cooling bolstered bets that a Federal Reserve shift to policy easing isn’t far off.
If Mike Tyson were speaking to a group of investors, what he may have been saying is that everyone has a financial plan until life throws a “punch.”
The message coming from Wall Street is that investor optimism is running dangerously high.
How do you get financial information to make sense to people who aren’t numbers-minded? How do you become the advisor who helps complicated things make sense without making people feel stupid or overwhelmed?
Taiwan’s economic and financial decoupling from China has deepened with the near-collapse of what was once the world’s largest Chinese bond exchange-traded fund market.
If you don’t have all your expenses covered through scholarships and grants, consider student loans to fill in the gaps. If you’re exploring federal aid, Stafford loans are an option.
How might stocks and bonds perform during the pause and eventually when the Fed cuts rates?
Don’t waste your money on lead-generation programs, white-label content, or consultants who overpromise and fail to deliver.
Big central banks are going to keep shrinking their balance sheets next year, pulling money out of the financial system, even if the fight against inflation looks to be won and interest rate cuts begin.
The $1.6 trillion private credit market is enjoying a “golden moment,” in the words of one Blackstone Inc. executive, as banks retreat from risky lending and investors flock to funds offering double-digit returns on corporate loans.
Market rents in the US are, depending on which measure you look at, either rising slowly or falling outright. Home purchase prices, after a slight dip last year, are climbing again.
One of the big winners from the sudden furious rally in the US bond market: Bill Gross.
Unlike with a 401(k) plan, you can withdraw as much as you want from your 529 plan at any time. But your 529 plan withdrawal could hit you with severe tax penalties if you use it on nonqualified expenses.
Banks using generative artificial intelligence tools could boost their earnings by as much as $340 billion annually through increased productivity, according to consultants hoping to help the industry adapt in this fast-moving area.
India is once again leading flows into US exchange-traded funds tracking emerging markets, boosting one of the most popular trades in 2023 as declining US yields and a weakening dollar turn investors toward assets in the developing world.
Don’t look to US stocks for big gains next year — or for at least the next decade. That’s the bold take from Stifel Nicolaus & Co.’s Barry Bannister, one of a few Wall Street strategists who predicted the rally in the first half of 2023.
Recency bias is too ingrained within us as human beings to ever go away regardless of the evidence. As advisors, we must learn to manage it.
December’s whipsaw opening shows investors may be concerned November’s epic rallies went too far, too fast in anticipating a near-perfect soft landing for the economy.
Including one or more charitable trusts as part of a testamentary estate plan is a creative and powerful way for clients to achieve multiple goals in one estate planning vehicle.
If you shift your mindset to become a financial doctor to your prospects, you no longer have to dispense information or advice pre-sale to prove yourself.
As the profession requires more advisors, targeting a wider talent pool and creating a structure to support their success is essential.
What is a financial therapist, and how do you know when you need one?
The AQR Style Premia Alternative Fund (QSPIX) was introduced a decade ago to provide pure exposure to four market factors that had historically delivered excess returns. Let’s look at how it performed over that period.
Use the holiday season to understand what's important to our clients and what they want to achieve with their money.
The rapid rise of funds that make loans directly to buyout deals and other highly indebted companies — known as private credit — is among the hottest topics in finance.
When news stories emerged last week that OpenAI had been working on a new AI model called Q* (pronounced “q star”), some suggested this was a major step toward powerful, humanlike artificial intelligence that could one day go rogue.
Two years ago, the Journal of Finance — the most prestigious journal in the field — retracted a published paper because of data errors, either the first or second withdrawal ever by a top-three finance journal.
In November, Treasury rates dropped, and risk assets rallied. The market expects continuing drops in inflation and slower, but not disastrous, growth. The data support the market's sanguine assessment.
While corporate insiders are increasingly betting on shares of their own firms, bosses at the S&P 500’s best-performing company are cashing in.
Across Wall Street, analysts and investors had cheered 2023 as the year of emerging markets, only to be burned by a relentless climb in US Treasury yields. Now, as the Federal Reserve looks set to end its most aggressive monetary tightening campaign in a generation, they’re at it again.
US stocks are headed for a rocky end to the year after rallying in November as bond yields fluctuate, according to Morgan Stanley’s Michael Wilson.
Bitcoin has jumped more than 140% this year to outstrip other investments like stocks and gold, and optimism for further gains is high.
A torrid bond market rally shows traders are convinced the Federal Reserve’s rate-rising cycle is over. The debate now turns to when central bankers start cutting, and by how much.
Victor Haghani has thought long and hard about his participation in the 1998 blowup of LTCM. His big mistake, he concluded, was investing 80% of his personal assets in the firm.
Money managers including Invesco Ltd. and Loop Capital Asset Management are bullish on regional-bank bonds, wagering that the debt will perform better than the broader market as fears about funding costs settle down.
In a year in which little has gone right in the US bond market, November turned out to be a month for the record books.
Federal Reserve Chair Jerome Powell pushed back against Wall Street’s growing expectations of interest-rate cuts in the first half of 2024, saying the committee will move cautiously with borrowing costs at a 22-year high but retain the option to hike further.
Decades-high interest rates are poised to revive interest in a little-used corner of the municipal-bond market: variable rate deals.
OpenAI’s power brokers seem to have decided that the quickest fix for last week’s dysfunction is to borrow a page from corporate America’s playbook by adding some establishment figures to its board.
November will be etched in the memories of investors as a remarkable month.
Risk premiums on US investment-grade corporate bonds have narrowed to the tightest level in nearly two years on expectations that the Federal Reserve has reached the peak of its monetary-tightening cycle.
“Let me tell you about the very rich. They are different from you and me.” F. Scott Fitzgerald could have added that they are also generationally different from each other.
On Wall Street and in the financial media, many of us make our living by attempting to say “smart stuff” about the Federal Reserve. Unfortunately in some cases, that creates an incentive to make central banking out to be more complicated than it is.
“I have never been more excited about the future,” wrote Sam Altman, the reinstated chief executive officer of OpenAI, to his subordinates on Wednesday, in a statement formally announcing his return and the rebuilding of the company’s fractured board.
Charlie Munger, the longtime vice chairman of Berkshire Hathaway Inc., who died on Tuesday at the age of 99, will be exalted for many things in the coming days.
Persuasive architecture is an effective strategy to create a website that answers your ideal clients’ questions and concerns while guiding them down a path that leads to conversion.
Even Ken Griffin is a little worried. Multimanager funds like Griffin’s Citadel have come to dominate the hedge fund industry, riding a steady run of outperformance to oversee more than $1 trillion, including a healthy dose of leverage.
The last time the municipal bond market rallied so much, it was Paul Volcker — and not Jerome Powell — who was winning a war on inflation.
As a rush of Wall Street strategists call for all-time highs in US stocks in the year ahead, JPMorgan Chase & Co. stands apart, releasing the gloomiest forecast so far among its peers.
