Until recently, I thought rising interest rates were — on balance — bad for businesses. In fact, many big companies are benefiting from the fastest rate-hiking cycle in decades, at least in purely financial terms.

The prospect of global interest rates remaining higher for longer is tipping the case for many investors to switch into bonds from stocks.

Investors are finally showing signs of losing their antipathy toward commodities.

The heated debate on the threat posed by the boom in stock derivatives that expire within 24 hours is pitting two of Wall Street’s biggest banks against each other.

Entrenched long-term economic growth trends and low inflation, coupled with high and increasing leverage, all but ensure lower interest rates. This article defends that thesis and helps us better appreciate the bearish concerns weighing on bond traders.

Artificial intelligence (AI) is capable not just of disrupting higher education but of blowing it apart. The march of the smart machines is already well advanced. AI can easily pass standardized tests such as the GMAT (Graduate Management Admission Test) and the GRE (Graduate Record Examination) required by graduate schools.

The Japanese factory automation and robot maker last month lowered its full-year operating income forecast by 24% because of a sharp slowdown in China and high inventories that could linger into next year. Its shares were quickly dumped and have continued to slide.

Big Tech’s earnings season is wrapping up with a bang: Nvidia Corp., at the center of the artificial intelligence frenzy, is reporting results that could set the tone for global stock markets for the rest of the year.

Cognitive biases can be as detrimental as they are universal, and the curse of knowledge is no different.

Vanguard Group has famously stood apart in the money-management world with its popular mutual funds offering the liquid ETF wrapper.

Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming 12 months.

A marketing firm is helping us rewrite our copy on the website and producing some marketing materials. But the question coming up from my team is, “How do we turn this into an elevator pitch?

Despite the increasing popularity of self-directed brokerage accounts (SDBAs) within 401(k) plans, recent data reveals that women are under-utilizing this investment tool.

Be a financial physician with a reassuring presence who can reduce anxiety, bring clarity, and induce confidence.

When your client conveys vast amounts of information – as is typically the case in a discovery meeting – it’s unrealistic to expect you to retain that information without writing it down. That’s about to change.

Here’s what you can say in response.

The US bond-market selloff resumed Monday, driving 10-year yields to a 16-year high, as the persistently resilient economy has investors positioning for interest rates to remain elevated even after the Federal Reserve winds up its hikes.

The government has issued an eye-watering $1 trillion in Treasury bills since the debt ceiling was suspended in early June. So far, the market hasn’t batted an eye.

Paul O’Neill, a former US Treasury secretary, said that if America ever dropped the strong-dollar policy, he would hire a brass band at Yankee Stadium to mark the proclamation.

Yields on 10-year Treasury notes have spent 18 sessions trading above 4% this year, but some doomsayers are ready to declare a permanent shift to a higher-yield regime. They attribute it to factors such as demographics, the looming clean-energy transition and large government deficits. And sure, that could be.

Who knew that the subject of US Treasury bond yields could inspire such passion? When, in late June, I argued that they were likely to move considerably higher than the then-prevailing 3.75%, I attracted some vehement pushback.

If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.

At the height of the pandemic recession, a prominent economist proclaimed that the dollar would plunge 35% and lose its status as the reserve currency. Why was he so wrong?

Let’s look at the keys to creating a successful podcast.

Here are five ways to take your COI relationships to the next level – and maximize your business along the way.

I have participated in several industry panels over the years. A question I am often asked is, “What size practice do you need to start your own RIA?”

A pair of polls suggest that student debt will be a key issue for millions of Americans this fall, when monthly bills resume and borrowers can’t lean on President Joe Biden’s forgiveness plan after the nation’s top court tossed it out.

Equity traders reeling from the market’s worst stretch since February face some pivotal events in the days ahead, and a closely watched speech by Federal Reserve Chair Jerome Powell may not even be the biggest test of all.

Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses suffered in 2022.

Halfway through the third quarter, the economy is looking surprisingly strong. A tracker from the Atlanta branch of the Federal Reserve has real gross domestic product growth, based on the limited data we've gotten so far, tracking at 5.8%, which would be the fastest for a non-pandemic quarter in 20 years.

Former Bridgewater Associates LP executive Bob Elliott’s plan for exchange-traded funds that employ hedge fund strategies has sharpened the debate about whether retail investors should have access to such approaches.

There are tools to help you level up in client behavior, experience, and engagement.

Readers of this publication know the costs of an investment product reduce the net return and consider cost as an important criterion for selecting investments to make up client portfolios. But how do advisors define costs, and how important is cost reduction compared to other portfolio objectives?

Financial journalism has a problem. Apart from a few writers such as Michael Lewis, it is essentially bought and paid for by the financial industry itself – especially, investment management.

The performance of PE funds has been disappointing. New research explains why this happened: Instead of driving operational efficiencies (as PE investors typically claim they do), those funds relied heavily on increasing the debt burden for the companies they bought.

Argentina’s leading presidential candidate, Javier Milei, has some unorthodox ideas about policy (he wants to abolish central banks), politics (he is libertarian) and pets (he has five cloned dogs). One of his proposals, however, is simple common sense: dollarizing Argentina’s economy.

European banks are rightly being criticized for failing to pass on interest-rate increases to customers. But is it any wonder they’re so unafraid of losing business? Compared to their US counterparts, European financial institutions often face less competition from alternative cash-like investments.

All around the world, bond traders are finally coming to the realization that the rock-bottom yields of recent history might be gone for good.

The fresh boom in stock options that expire within 24 hours has grabbed all the attention on Wall Street trading desks — spurring a Goldman Sachs Group Inc. warning that the activity is fueling the recent market selloff.

Ether-futures ETFs could be coming to the US soon, but the cryptocurrency market doesn’t seem to care.

How good are you at motivating your staff? Are they growing and learning? Are they consistently progressing?

It’s curious: Even as America’s economic trends are improving, Americans’ economic anxieties are worsening — including those of many who have no apparent reason to be worried. Not only are there are polls and statistics that illustrate the point, but there are also anecdotes, lots of anecdotes.

Signs of slowing price pressures and wage growth have generated a lot of excitement about a soft landing for the US economy, where inflation glides back toward 2% without a painful recession.

Federal Reserve officials at their policy meeting in July largely remained concerned that inflation would fail to recede and that further interest-rate increases would be needed. At the same time, cracks in that consensus were also becoming more apparent.

Look closely at the contours of Tuesday’s tumble in the S&P 500 and fingerprints of a new market force come into focus.

Former Bridgewater Associates LP executive Bob Elliott is expanding his firm’s ETF lineup with a variety of hedge fund-like strategies.

What if I told you that CPI is effectively at 2% now? Would the Fed's policy stance remain the same?

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How do you cultivate a successful referral program?

I’ll outline content ideas to help your top sellers, C-suite leaders, or founders emerge as thought leaders.