The tale of Bear Stearns’ rally and investors' myopic vision in the spring of 2008 is a valuable lesson for today.
I’ve done what many people dream of doing in their lives, but I’m ill at ease.
Many advisors have potential clients who slip through their fingers because they believe their goal is to build a relationship pre-sale. But that’s not your potential clients’ goal.
While some continuous-care retirement communities (CCRCs) deliver on their promises, others don’t.
Home-price growth in 20 US cities picked up for the fourth straight month with Tampa, Florida, showing the biggest gains.
US consumer confidence dropped in May to the lowest since February, underscoring the impact of decades-high inflation on Americans’ economic views.
Investors in Bitcoin and other digital assets have been pummeled recently by the longest losing streak since 2011.
There are costs to living a virtuous life; It requires going without.
The US Securities and Exchange Commission is concerned that retail investors are being duped by “greenwashing.”
A majority of borrowers who together hold about $400 billion in federal student debt made no payment on their loans in the pandemic era.
Despite the massive selloff in equities this year and persistently high inflation, Dawn Fitzpatrick isn’t worried about a recession in the immediate future.
They are creations of easy credit, beneficiaries of central bank largesse. And now that the era of unconventional monetary policy is over, they’re facing a challenge like never before.
The drubbing global technology stocks have seen this year may be far from over.
Treasuries extended their slump in New York, driving the yield on the benchmark 10-year note up by the most in more than three weeks, as renewed inflation concerns and economic data supported expectations for multiple Federal Reserve rate hikes in coming months.
The housing market has turned in the past few weeks. We're probably looking at a cooling-off period rather than something nastier, but both possibilities lead to the same conclusion for would-be homebuyers: Be patient.
Stock pickers are beating the market in unusually large numbers this year, raising the age-old question about whether their success can be attributed more to luck or skill.
Being immobilized in grief can be deeply painful and damaging emotionally. It can be financially damaging, as well, limiting a person’s ability to make sound financial decisions that can affect their future. This is where objective help and support is essential.
Even in 2022, pensions still command an aura of reverence. A benefit where you work for one company for 30 years and then retire with a livable wage? And you don’t have to fret about picking investments? What’s not to like?
How can you put the “know, like, trust” element of relationship marketing to work for your business at scale?
The executive order signed by President Biden in March is clearly the first of several steps that will bring the IRS and regulators closer to your crypto wallet.
As an advocate of advisors working closely with tax preparers, and as a tax preparer myself, I hear the complaint of unreciprocated referrals all the time from financial advisors. Typically, I respond with questions such as…
Our fiscal deficit, as measured by the debt-to-GDP ratio, has grown to levels that could impede growth, as predicted by financial theory and confirmed by empirical evidence. Moreover, new research shows that our burgeoning deficit could increase risk premiums for both stocks and bonds.
Meet a woman driven to change investment regulation and understand why it’s important that she succeeds.
How are advisors coping with the new Department of Labor (DOL) rollover rules? Here are a dozen observations.
Let’s look at two overlooked activities you should be tracking to ensure referral sustainability.
What are we to make of the near-total wipeout of the stablecoin Terra and its companion coin Luna, in which around $50B in value vaporized in less than a week?
The war in Ukraine will pour more gasoline on the already raging inflationary fire, threatening to send the global economy into stagflation. Stagflation is a slowdown of economic activity caused by inflation.
Central bankers can’t drill for oil, grow more crops or repair global supply chains. That means the only quick fix available to Federal Reserve Chair Jerome Powell and his colleagues for cooling the fastest inflation in four decades may be raising interest rates so much that they crash the economy into recession.
Federal Reserve officials agreed at their gathering this month that they need to raise interest rates in half-point steps at their next two meetings, continuing an aggressive set of moves that would leave them with flexibility to shift gears later if needed.
The widespread adoption of remote work across the US has left local employers learning to compete with out-of-state companies offering big-city salaries.
The US Securities and Exchange Commission is taking its biggest step yet to stop money managers from misleading investors when they claim their funds are focused on environmental, social or governance issues.
Cryptocurrencies are the exact opposite of a prudent investment: They’re volatile, have little practical use beyond speculation and crime, often get lost or stolen, and lack the real-world cash flows that underpin the values of stocks and bonds.
The Federal Reserve's resolve to fight inflation could be tested even before a recession hits by dislocations in certain corners of the market that are not well understood. This is about more than just a bear market in stocks or an implosion in cryptocurrencies. Rather, this is about the “plumbing” that keeps markets running smoothly and facilitates the flow of money in and out of the financial system.
Memorial Day deserves the great recognition it gets. Remembering the service of those who died for our country is a civic duty. This includes remembering, doing and acting in a manner that there is no doubt the character of military and finance leaders must be first.
Purchases of new single-family homes decreased 16.6% to an annualized 591,000 pace, the weakest since April 2020, government data showed Tuesday. The figure fell well short of all estimates in a Bloomberg survey of economists, which called for a 749,000 rate.
Advisors can help the sandwich generation assess their risk for LTC and protect financial goals with the right approach to insurance.
The price of foods, fuels and other essential items are spiraling ever upward as Russia’s war on Ukraine compounds supply-chain woes stemming from the pandemic. Central banks may be in the driving seat when it comes to tackling inflation, but it’s governments that face the fallout and so are compelled to act.
How much money would it take to make you feel wealthy? What is wealth? What is money? These are just some of the mind-bending questions raised by the results of a new Charles Schwab Corp. survey taken way back in Ye Olden Times of February.
He bullies team members, the other partners and most of our vendors.
Who could have foreseen the selloff in shares of big technology companies? Anyone who bothered to do a little math.
With the Federal Reserve releasing minutes from its latest meeting on Wednesday, traders are looking for further details on the plans to let billions of dollars worth of bonds to mature each month without replacing them.
Every advisor will agree with the goal of giving their clients peace of mind. But there’s mounting evidence few actually do. Why is that?
Recent warnings from corporate executives and rapidly declining regional manufacturing surveys make me wonder if a recession has already started.
Federal Reserve Bank of Atlanta President Raphael Bostic has cracked open the door to discussing a September pause in the central bank’s aggressive rate hikes -- a move that will only be on the table if inflation falls more than expected over the summer.
In the face of bad news, what, if anything, should you do to adjust your long-term portfolio management strategy?
I want to draw your focus to the three most important, yet boring, tax strategies that every advisor should be discussing with every client.
You can do plenty to improve your client's experience, and you don't need any software or other tools to do it.
RIAs can be paid to service trails-paying annuities without a broker-dealer.
What can you do about an overly restrictive compliance department? Or a non-responsive compliance department? Or one where you get different answers depending on who you ask?
Liquidity is the lifeblood of the capital markets. It is the ease at which an asset can be turned into cash without disrupting the price of that asset. This was never really a concern in the US, whose markets are prized for being the deepest, most liquid in the world. It’s one reason why the dollar is the world’s dominant reserve currency.
