The short answer is “yes.”
I work with student-athletes looking to cash in on their name, image, and likeness (NIL). But I also work with advisors and have found there are important similarities In how they achieve marketing greatness.
First the economy overheats, then winter comes to Wall Street. January was especially horrible for the cutting-edge investor, and February might be even worse. At the end of last month, big tech stocks were down nearly 8%, according to the New York Stock Exchange’s FANG+ index — and that was before shares of Meta Platforms Inc. (the company formerly known as Facebook) fell off a cliff last week.
Two key U.S. labor-market metrics may take until 2024 to recover to their pre-pandemic growth trend, keeping maximum employment out of reach for now, a new study from the Federal Reserve Bank of San Francisco showed.
Concerns that the Federal Reserve may overshoot with faster interest-rate hikes that could slow the economy have led to a flattening of the U.S. yield curve -- with shorter-dated yields rising at a faster pace.
Markets this year are putting the risk in risk premium. Any asset that typically pays more than a low-risk bond (or zero return) will expose you to losses from time to time, and that happened a lot last month.
The U.S. has become the world’s top destination for crypto miners after China banned the energy-intensive industry and as Russia considers doing the same. Now hundreds of thousands of mining machines worth billions of dollars are plugging into electrical grids across America, spawning an entirely new industry — complete with new tax revenue for local governments and big profits for many miners as well as concerns about power use and environmental impact.
Borrowing costs are soaring across global credit markets as investors prepare for the end of an era of loose monetary policy.
Sourcing your own E&O policy is not complicated or intimidating if you understand how to navigate the process.
Here are four ways to generate cash from an expensive whole-life insurance policy.
Quantitative finance is built on the premise that exposure to factors such as value/growth, market capitalization, momentum and profitability/quality explain the variation of performance of diversified portfolios. New research shows that carbon dioxide emissions represent a new factor.
Flying Blind is beautifully written and comprehensive, covering subjects as diverse as early aviation history, the rise of the shareholder-centric economic doctrine, and aeronautical engineering.
Given that someone else’s money is on the line, the potential for emotions to get supercharged, super-fast is very real.
Now is the best time for you and your clients to get your medical and end-of-life paperwork in order. It's worth revisiting these documents annually in case any of your plans or preferences need updating.
The strike price on the Fed put has moved significantly. The Fed may sit idly by if markets voice displeasure with abrupt changes in monetary policy.
This article can be forwarded to clients to help them understand inflation, its causes, and how various investment strategies protect against it.
The world’s biggest exchange-traded fund posted its worst monthly outflow in its near three-decade history with investors selling the Monday stock rebound en masse.
Not since the late 2000s, when lavish bonuses rained down before and after federal bailouts, have pay packages at U.S. investment banks swelled as much as they have right now.
Americans can expect to inherit $72.6 trillion over the next quarter century, more than twice as much as a decade ago, in the latest indication of how soaring markets are poised to bolster the next generation of the ultra-rich.
European shares and U.S. equity futures declined on Thursday amid the souring mood in the stock market. The greenback snapped three days of declines as investors sought a haven, putting pressure on gold and metals priced in the currency.
Oil retreated as traders wait to see whether OPEC+ can deliver on its latest promised increase in supply, while stock markets fell.
U.S. productivity surged last quarter by the most in more than a year, reflecting a sharp acceleration in economic output, while labor costs growth cooled.
It’s becoming more and more challenging to find employees to fill essential roles. Advisor are hitting roadblocks with succession planning and filling internal staff positions.
Looking to tap into Tesla Inc. gains while avoiding its white-knuckle volatility? A planned exchange-traded fund wants to do precisely that, just as the Elon Musk-loving retail mob gets tested in the tech market turmoil.
Flush from soaring stock markets and surging cryptocurrencies, the U.S. was the surprise leader of the luxury sector last year, as people splashed out on everything from Cartier jewelry to Christian Dior handbags.
Europe’s stricter environmental, social and governance rules might be forcing companies in more controversial sectors to look across the Atlantic for funding.
John Legend is starting an NFT platform for musicians and entertainers who are trying to navigate the frenzy around digital collectibles.
U.S. lenders issued more credit cards than ever last year, with a growing share of them going to consumers with lower credit scores.
Gold advanced and the dollar pushed lower after economic data showed the U.S. unexpectedly shedding jobs last month.
UBS made a huge investment in acquiring the robo-advisor Wealthfront. But neither this investment nor any other robo pose a threat to traditional financial advice.
I don’t know if we should downsize and move into a smaller space, give people the option to WFH and then lose the great camaraderie that has always made us so great.
There are pros and cons to hiring a motivational speaker. While there are reasons to do so, here’s a secret they don’t want you to know…
How would you answer this question, “What makes you different and unique from everyone else who does what you do?”
ICYMI: In this roundup, we’re highlighting the five most popular pieces of content from the previous week.
They might ease our fears or satisfy an inner need, but predictions about the markets or the economy are useless to our clients.
I examine two biases that often handcuff investors and push them to make the wrong decisions at the wrong time.
Supply-chain problems became the almighty boogeyman in 2021 alongside Covid, and now its partner in crime, inflation, is the thing causing anxiety. The Consumer Price Index rose to 7% in December 2021, which is the highest it’s been since the early ’80s. But should the typical consumer be worried about inflation?
The largest cryptocurrency by market value has notched only about a dozen up days this month, according to data compiled by Bloomberg, with the rest of the time mired in a decline. Other digital assets have also suffered, with No. 2 token Ether down roughly 30% since the end of December.
A tsunami of socially conscious debt has emerged from the developing world, flooding global markets like never before with investments that claim to make the world a better place.
For all the money that companies and governments are raising in the green-bond market to fund environmental projects globally, there’s still a long way to go to adequately fund the fight against climate change, according to the Climate Bonds Initiative.
U.S. junk bonds just posted their worst start to a year ever, and their dour performance last month made them a potentially surprising victim of the Federal Reserve’s looming rate-hike campaign.
The Biden administration will share more details about its work on an economic framework agreement with Asian nations in the coming weeks, according to a top trade official.
Here are four signs that you should cancel all your client meetings.
There are a lot of things advisors do (or don’t do) with their marketing that are the same as using a leaky bucket.
Personal finance is like a pot of simmering chicken soup on the back burner. They know it’s there and they know it’s savory, but they also know it will not require much attention until they eat it.
What would you guess the average American worker makes in a year? This is the question Nina Strohminger, professor of legal studies and business ethics at University of Pennsylvania’s Wharton School of Business, asked her business students recently.
A bedrock of long-term investing, a portfolio split 60/40 between equities and high-quality bonds, is set for its worst monthly slide since the market meltdown in the early days of the pandemic.
Eager to show their commitment to mitigate climate change, U.S. colleges are touting their efforts in the bond market with a trendy financing tool.
A group of Democratic lawmakers led by U.S. Senator Elizabeth Warren is demanding details from six of the world’s biggest Bitcoin miners about their electricity consumption and greenhouse-gas emissions, a warning shot that comes amid growing concern over the cryptocurrency industry’s environmental impact.
American families are feeling the financial squeeze of soaring inflation and a persistent pandemic as fractious Democrats return to Washington this week no closer to a deal on a tax and spending bill party leaders hoped would by now provide relief.