Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the May 31, 2023 close.
For the majority of PayPal Holdings Inc. analysts, the only way is up. The trouble is, the stock keeps going down.
Nvidia’s (NVDA) management team is sending a signal to the market.
Portfolio Manager Alex Zarechnak identifies six key themes from the COVID years—some new, some familiar—to help anchor investors in today’s emerging markets.
Tired of the AI hype yet? It’s OK, I understand. I’m tired of it too. The pace of human progress — and our insatiable need to be entertained by the shock of the new — seems to be forevermore in the “hockey stick” part of the growth curve.
As fast as it went up for value managers, it’s coming down. The culprit is the all-consuming craze for artificial intelligence.
Could monetary conditions be supportive of the “soft landing” scenario? While the “recession” versus “no recession” debate rages, there is a precedent for a “soft landing” scenario. Such is where the economy slows substantially but avoids a deeper contraction.
The industry group Airlines for America predicts that approximately 257 million people will travel on U.S. commercial airlines this summer, representing a 9.5% increase from last year. That would also set a new record, as volumes are projected to surpass the summer 2019 levels by around 2 million passengers.
The artificial intelligence boom is handing a big win to hedge funds angling for an edge.
A core concern for investors contemplating taking advantage of the incredible cheapness of deep value stocks today is the potential for a near-term recession. A common perception is that value stocks are more cyclical and therefore more vulnerable to economic downturn.
Choppiness in the equity market continues as investors look to see a debt limit deal approved.
After a continued rally in April, markets largely pulled back in May. Exceptions here were the Nasdaq, which rose, and the S&P 500, which was essentially flat.
Humanity is sitting on a time bomb.
I received many emails and questions on “why” we are adding the U.S. Treasury bond to our portfolios. The question is understandable, given its dire performance in 2022, where bonds had the biggest drawdown since 1786.
Valid until the market close on June 30, 2023
The S&P 500 closed May with a monthly gain of 0.25%, after a gain of 1.46% in April. At this point, after close on the last day of the month, two of five Ivy portfolio ETFs — Vanguard Real Estate ETF (VNQ) and Invesco DB Commodity Index Tracking Fund (DBC) — are signaling "cash", unchanged from last month's final double "cash" signal.
My advice to prepare for the “big” meeting is this…
Without understanding people – how they think and act, and what they believe – you can’t effectively help them, no matter how good you are at planning or asset allocation.
The A.I. chase is making for a very narrow market.
The latest artificial intelligence hype is powering a massive surge in the stock market on bets that a new era of innovation is nigh.
Stock investors who planned for one thing in 2023 are getting something else entirely. Now, with the tech-obsessed market at risk of running away from them, the race is on to catch up.
A digital-marketing audit typically includes an analysis of the following elements.
Nvidia Corp. is poised to become the world’s first chipmaker with a $1 trillion market capitalization, joining an exclusive club of American companies with a valuation that high.
As the debt ceiling fight in Washington heads down to the wire with the risk of a technical default looming, investors are growing nervous.
As other nations seek to become less dependent on the U.S. dollar, rumors of the greenback’s potential demise continue to swirl. Can the dollar remain king of the world’s reserve currency?
We've described the past several years' stock market as a seesaw in which the "market" was the fulcrum of the seesaw. On one side of the seesaw sit the highly speculative growth sectors and on the other side, sit virtually everything else in the global equity markets.
Swiss money manager Felix Zulauf is a crowd favorite at SIC. His 2022 presentation was right on target, so I asked him back to tell us what he expects for the rest of 2023 and beyond. Unfortunately, he thinks a slowdown is coming that will hit markets hard.
If you were doubting whether the age of AI has arrived, NVIDIA’s stock performance this week may have given you second thoughts.
Exchange-traded funds tracking companies that are linked to artificial intelligence may see their assets grow three-fold to $35 billion by 2030, a report by Bloomberg Intelligence shows.
An end-of-week feeding frenzy in options of the world’s biggest companies has emerged as two of the hottest trends on Wall Street collide.
War, inflation, rising rates, banking chaos, and recession are among the challenges facing markets. Investors must balance these shorter-term risks with the long-term return prospects of equities.
Here are some practical tips for optimizing your social media presence as a financial advisor.
The two primary styles of dividend investing are growth and yield. In the latter, investors embrace stocks with what are deemed above-average yields — often from slower-growth sectors, such as utilities and real estate.
Investors should rely on the wisdom of crowds as expressed through bond yields, not credit rating agencies, to judge fixed-income credit risk.
The most famous “Hail Mary” in American football history happened in 1984. On the very last play of the Boston College football game, an undersized quarterback named Doug Flutie threw a bomb into the end zone to teammate Gerald Whelan. Boston College had won the game!
Microsoft Corp. is bringing its Bing search engine to OpenAI Inc.’s ChatGPT, further tightening ties with the artificial intelligence startup in a bid to challenge Google.
I am struggling with best ways to organize my thoughts and prepare something our advisors will validate and be willing to send.
Here are a few strategies to ease the change-management process, bringing advisors of every age and background onto the right path toward adoption.
Why does giving away my expertise make sense, and why should you follow my lead?
A better retirement stress test would focus on the standard of living in retirement and how spending would need to change in times of market turmoil or heightened inflation.
The artificial intelligence, or “AI,” revolution is upon us. The financial media and headlines are abuzz with stories of generative “AI” and the subsequent “industrial revolution.”
According to Buffett, the US economy just went through the “most extraordinary economic period since World War II.” That’s a heck of a statement.
The distinction between futures-based ETFs and crypto equity ETFs is clear when you look closely at the two. But even when examining them closely, it may be difficult to distinguish between the different types of blockchain/crypto equity ETFs because of similarities with fintech, metaverse, and Web3 concepts.
No piece of technology is more crucial than the microchip. Its supply was central to the cause of the post-COVID-19 inflation, and the stability of the U.S.-China relationship hinges on its manufacture.
What generally follows that expression is a succinct synopsis. We’re always trying to be concise; however, distilling complex economic and investment matters usually requires several pages.
Could massive monetary support have softened the deep bear market many expected? It is an interesting question. Particularly given the Fed has hiked rates at one of the most aggressive paces in history.
We often talk about technology’s influence on the economy. After the Strategic Investment Conference, though, I’ve decided that isn’t strong enough. It’s more correct to say technology is the economy.
Although attendance was down this year compared to last—mostly because Bitcoin’s price is still off its record high of approximately $69,000, set in November 2021—there was nevertheless an impressive turnout of investors of all ages, industry leaders, policymakers and more.
I once had a cat who liked movies. His name was Otto—he passed away in 2014 at 15 years old. His favorite movie was The Matrix because there’s lots of action and explosions. All the action on the screen could hold his attention.
Here’s what we learned in earnings season about how companies are coping with a particularly tricky set of macroeconomic conditions.
For this edition of Bull vs. Bear, James Comtois, and Elle Caruso discussed the pros and cons of using single-stock ETFs to express opinions on stock earnings.
Tencent Holdings Ltd. posted its fastest pace of revenue growth in more than a year but earnings missed estimates, reflecting an uneven internet sector recovery during China’s post-pandemic reopening.
The current economic and investing environment remains one of the most challenging and difficult to navigate in recent times. We have stubborn inflation, economic resilience, geopolitical tensions, tight labour markets, rising interest rates, higher for longer monetary policy, QT, bank failures, overwhelming bearishness and now, issues surrounding the debt ceiling.
Alphabet Inc. is back in the game. The artificial intelligence game, that is.
The future of money is uncertain, and speculation about what comes next is all over the place. The Federal Reserve note "dollar" is the world's reserve currency, but its seat on that throne is no longer secure.
No one is bragging about the index fund they own to their friends.
Our older advisors (four of them in their 60s) are not comfortable bringing the younger team members into their client meetings.
Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter.
Influence, by Robert Cialdini, has impacted my professional and personal life for more than 30 years.
Here are a couple of trends that will dominate as a winning content strategy this year.
The COT (Commitment Of Traders) data, which is exceptionally important, is the sole source of the actual holdings of the three critical commodity-trading groups, namely: Commercial Traders, Non-Commercial Traders and Small Traders.
Economic moats, also called business moats, are competitive advantages that help a company maintain long-term profits and market share over competitors.
New research shows that investors can profit by exploiting “momentum” – the notion that stocks or factors that experienced good performance will continue to do so, and vice versa.
Technological progress in the last two centuries, and especially in the recent past, has been nothing short of amazing. So why are we so unhappy? Why aren’t we all rich?
When planning for retirement, taking even the smallest risk can be life changing. Discover why financial advice during retirement planning is crucial with Harold Evensky.
Review the latest portfolio strategy commentary from Mike Gibbs.
Single-stock exchange-traded funds made a splash in the industry when they debuted last year. Now one issuer is hoping to double the existing lineup.
U.S. Treasury debt is considered the closest debt in existence to having no default risk. The ongoing game of financial chicken between Congress and the White House puts this assumption in doubt.
On May 3, the Massachusetts Supreme Judicial Court heard arguments on whether Massachusetts citizens will get a state-level fiduciary rule. The Fiduciary Institute submitted an amicus brief that said, emphatically, “Yes!” This is why.
After moderate gains in March, markets continued to rally in April. U.S. markets were up by low single digits, while bond markets were moderately positive. International markets were mixed, with developed markets showing modest gains while emerging markets ticked down.
Economic reports and corporate data last week highlighted the cautious stance of corporations, contrasted against a resilient consumer, who continues to be propped up by strong demand in the labor market and increasing wages.
A relationship-based business thrives on one’s ability to nurture, support, leverage and maintain the connections to the business and the people associated with it. Referrals require trust from all parties.
I’m tired of working for someone who is always angry. Nothing we do is good enough.
Any financial advisor can turn their content into a powerful SEO engine without engaging an expensive consultant.
Here’s what you can do to make your website compliant with the ADA and accessible to all.
Today’s competitive landscape is creating an interesting opportunity for discussions between money managers and their small business owner clients looking to incorporate more technology-centric investments into their portfolios.
The conventional wisdom is that the pandemic induced a trend of de-globalization, as major economies decreased the reliance of their supply chains on other countries. But, according to Louis-Vincent Gave, globalization will thrive, and the focus will shift from China to India and other southern hemisphere countries.
Many investors are choosing to access bitcoin and broader crypto themes through traditional ETF wrappers due to their relative simplicity and familiarity.
Taking risks is no longer necessary to make a return on your savings.
Key Takeaways
The U.S. regional banking crisis is intensifying as rising interest rates put smaller banks at risk, leading to significant losses in the sector. Amid the turmoil, gold and gold mining stocks may offer investors a potentially safer alternative to manage risk.
An investment in Comcast today offers the opportunity to more capital appreciation with a margin of safety, a dividend yield approaching 3%, and is growing rapidly.
Apple Inc. rallied Friday after reporting a rebound in iPhone sales last quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.
I want to write a bit about artificial intelligence from the standpoint of a market person who knows little about technology.
Leadership shifts at the sector and style levels warrant some additional caution, as well as a closer look as to what investors are buying when it comes to "growth vs. value."
Though equities have proven resilient, more of the long-expected effects of the Federal Reserve’s (the Fed’s) rapid interest rate-raising policy arrived in April.
Readers of my AI articles have asked me for practical examples of how it can positively impact their practice.
It is frustrating for us to try and add to our great team when there are so few “good” people in the market from which to choose.
In the early 2020s, the stock market looked much like basketball used to: a big man’s game. As examples, money management firms like Vanguard and Blackrock lumbered to higher heights of assets while the passive firms swallowed more market share.
Investors are starting to see the downside from the rapid acceptance of artificial intelligence.
And neither should you.
Large Cap Growth
The S&P 500, Dow and Nasdaq Since Their 2000 Highs
Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the May 31, 2023 close.
PayPal’s 80% Stock Plunge Hasn’t Soured Wall Street
For the majority of PayPal Holdings Inc. analysts, the only way is up. The trouble is, the stock keeps going down.
Trillion-Dollar Club—Bravo, Nvidia
Nvidia’s (NVDA) management team is sending a signal to the market.
What Changed with the Pandemic (And What Didn’t)
Portfolio Manager Alex Zarechnak identifies six key themes from the COVID years—some new, some familiar—to help anchor investors in today’s emerging markets.
Future of Finance: 5 Hard Truths About How AI Impacts the Real World
Tired of the AI hype yet? It’s OK, I understand. I’m tired of it too. The pace of human progress — and our insatiable need to be entertained by the shock of the new — seems to be forevermore in the “hockey stick” part of the growth curve.
How the Value Trade Has Been Smoked by the AI Frenzy
As fast as it went up for value managers, it’s coming down. The culprit is the all-consuming craze for artificial intelligence.
Monetary Conditions Index Is Working Against The Fed
Could monetary conditions be supportive of the “soft landing” scenario? While the “recession” versus “no recession” debate rages, there is a precedent for a “soft landing” scenario. Such is where the economy slows substantially but avoids a deeper contraction.
Airlines Are Bracing For Record Summer Travel. A Golden Opportunity For Investors?
The industry group Airlines for America predicts that approximately 257 million people will travel on U.S. commercial airlines this summer, representing a 9.5% increase from last year. That would also set a new record, as volumes are projected to surpass the summer 2019 levels by around 2 million passengers.
Goldman’s Hedge Fund ETF Is Crushing the S&P 500 With AI Bets
The artificial intelligence boom is handing a big win to hedge funds angling for an edge.
Value Does Just Fine in Recessions
A core concern for investors contemplating taking advantage of the incredible cheapness of deep value stocks today is the potential for a near-term recession. A common perception is that value stocks are more cyclical and therefore more vulnerable to economic downturn.
Conflicting Signals Add Uncertainty to Fed’s Rate Path
Choppiness in the equity market continues as investors look to see a debt limit deal approved.
Looking Back at the Markets in May and Ahead to June 2023
After a continued rally in April, markets largely pulled back in May. Exceptions here were the Nasdaq, which rose, and the S&P 500, which was essentially flat.
The Return of El Niño
Humanity is sitting on a time bomb.
The Treasury Bond. It’s Time Has Likely Come.
I received many emails and questions on “why” we are adding the U.S. Treasury bond to our portfolios. The question is understandable, given its dire performance in 2022, where bonds had the biggest drawdown since 1786.
Moving Averages: S&P Finishes May Up 0.25%
Valid until the market close on June 30, 2023
The S&P 500 closed May with a monthly gain of 0.25%, after a gain of 1.46% in April. At this point, after close on the last day of the month, two of five Ivy portfolio ETFs — Vanguard Real Estate ETF (VNQ) and Invesco DB Commodity Index Tracking Fund (DBC) — are signaling "cash", unchanged from last month's final double "cash" signal.
Land the Big Whale
My advice to prepare for the “big” meeting is this…
How to Incorporate Behavioral Factors into Planning Discussions
Without understanding people – how they think and act, and what they believe – you can’t effectively help them, no matter how good you are at planning or asset allocation.
A.I., Narrow Markets, And The New T.I.N.A.
The A.I. chase is making for a very narrow market.
Hedge Funds Are Deploying ChatGPT to Handle All the Grunt Work
The latest artificial intelligence hype is powering a massive surge in the stock market on bets that a new era of innovation is nigh.
Stock Traders Turn to Options for Desperate Chase to Catch the Tech Rally
Stock investors who planned for one thing in 2023 are getting something else entirely. Now, with the tech-obsessed market at risk of running away from them, the race is on to catch up.
How a Marketing Audit Works
A digital-marketing audit typically includes an analysis of the following elements.
Nvidia Charges Toward $1 Trillion Market Value in Massive AI Bet
Nvidia Corp. is poised to become the world’s first chipmaker with a $1 trillion market capitalization, joining an exclusive club of American companies with a valuation that high.
Looming Debt Ceiling Deal to Leave Dollar Locked in Downtrend
As the debt ceiling fight in Washington heads down to the wire with the risk of a technical default looming, investors are growing nervous.
Making Cent$ Of the Dollar: Understanding the Challenges to Its Global Reserve Currency Status
As other nations seek to become less dependent on the U.S. dollar, rumors of the greenback’s potential demise continue to swirl. Can the dollar remain king of the world’s reserve currency?
The Seesaw Becomes Extreme
We've described the past several years' stock market as a seesaw in which the "market" was the fulcrum of the seesaw. On one side of the seesaw sit the highly speculative growth sectors and on the other side, sit virtually everything else in the global equity markets.
SIC Mix
Swiss money manager Felix Zulauf is a crowd favorite at SIC. His 2022 presentation was right on target, so I asked him back to tell us what he expects for the rest of 2023 and beyond. Unfortunately, he thinks a slowdown is coming that will hit markets hard.
The AI Era Unleashed: How NVIDIA’s Stock Boom Reflects The Future Of Tech
If you were doubting whether the age of AI has arrived, NVIDIA’s stock performance this week may have given you second thoughts.
AI-Focused ETF Assets Could Triple to $35 billion by 2030
Exchange-traded funds tracking companies that are linked to artificial intelligence may see their assets grow three-fold to $35 billion by 2030, a report by Bloomberg Intelligence shows.
Friday Is Now an Options Feeding Frenzy as Big Tech Meets Zero-Day Options
An end-of-week feeding frenzy in options of the world’s biggest companies has emerged as two of the hottest trends on Wall Street collide.
The Quality Spectrum: Stability in an Unstable World
War, inflation, rising rates, banking chaos, and recession are among the challenges facing markets. Investors must balance these shorter-term risks with the long-term return prospects of equities.
Four Tips for Elevating Your Social Media Presence
Here are some practical tips for optimizing your social media presence as a financial advisor.
Examining the Importance of Dividend Growth
The two primary styles of dividend investing are growth and yield. In the latter, investors embrace stocks with what are deemed above-average yields — often from slower-growth sectors, such as utilities and real estate.
The Bond Market Knows More than the Credit Rating Agencies
Investors should rely on the wisdom of crowds as expressed through bond yields, not credit rating agencies, to judge fixed-income credit risk.
Tech Stock Hail Mary
The most famous “Hail Mary” in American football history happened in 1984. On the very last play of the Boston College football game, an undersized quarterback named Doug Flutie threw a bomb into the end zone to teammate Gerald Whelan. Boston College had won the game!
Microsoft to Add Bing Search to OpenAI’s ChatGPT in Battle With Google
Microsoft Corp. is bringing its Bing search engine to OpenAI Inc.’s ChatGPT, further tightening ties with the artificial intelligence startup in a bid to challenge Google.
How to Improve Client Communications
I am struggling with best ways to organize my thoughts and prepare something our advisors will validate and be willing to send.
Helping Advisors Embrace Innovation
Here are a few strategies to ease the change-management process, bringing advisors of every age and background onto the right path toward adoption.
Give Away Your Secrets – and Thrive
Why does giving away my expertise make sense, and why should you follow my lead?
How Stress Testing Retirement Plans Builds Client Confidence
A better retirement stress test would focus on the standard of living in retirement and how spending would need to change in times of market turmoil or heightened inflation.
The AI Revolution. A Repeat Of History.
The artificial intelligence, or “AI,” revolution is upon us. The financial media and headlines are abuzz with stories of generative “AI” and the subsequent “industrial revolution.”
Buffett’s Calling a Recession—and He’s Probably Right
According to Buffett, the US economy just went through the “most extraordinary economic period since World War II.” That’s a heck of a statement.
Surrounding Crypto ETFs: Metaverse, Web3, and More
The distinction between futures-based ETFs and crypto equity ETFs is clear when you look closely at the two. But even when examining them closely, it may be difficult to distinguish between the different types of blockchain/crypto equity ETFs because of similarities with fintech, metaverse, and Web3 concepts.
Our Tenuous – and Crucial – Microchip Dependency
No piece of technology is more crucial than the microchip. Its supply was central to the cause of the post-COVID-19 inflation, and the stability of the U.S.-China relationship hinges on its manufacture.
The Long and Short of It
What generally follows that expression is a succinct synopsis. We’re always trying to be concise;
however, distilling complex economic and investment matters usually requires several pages.
Monetary Support Suggests Bear Market Is Possibly Over
Could massive monetary support have softened the deep bear market many expected? It is an interesting question. Particularly given the Fed has hiked rates at one of the most aggressive paces in history.
Technology Turning
We often talk about technology’s influence on the economy. After the Strategic Investment Conference, though, I’ve decided that isn’t strong enough. It’s more correct to say technology is the economy.
Bitcoin’s Rise To Prominence On Full Display At This Year’s Miami Conference
Although attendance was down this year compared to last—mostly because Bitcoin’s price is still off its record high of approximately $69,000, set in November 2021—there was nevertheless an impressive turnout of investors of all ages, industry leaders, policymakers and more.
The Boringest Excitingest Market in History
I once had a cat who liked movies. His name was Otto—he passed away in 2014 at 15 years old. His favorite movie was The Matrix because there’s lots of action and explosions. All the action on the screen could hold his attention.
Learnings from Earnings: Macro Crosscurrents Make Growth Elusive
Here’s what we learned in earnings season about how companies are coping with a particularly tricky set of macroeconomic conditions.
Bull vs. Bear: Playing Earnings Season With Single-Stock ETFs
For this edition of Bull vs. Bear, James Comtois, and Elle Caruso discussed the pros and cons of using single-stock ETFs to express opinions on stock earnings.
Tencent’s Sales Rebound Though Concerns Persist on China Outlook
Tencent Holdings Ltd. posted its fastest pace of revenue growth in more than a year but earnings missed estimates, reflecting an uneven internet sector recovery during China’s post-pandemic reopening.
Your Complete Guide Through The Current Macro Landscape
The current economic and investing environment remains one of the most challenging and difficult to navigate in recent times. We have stubborn inflation, economic resilience, geopolitical tensions, tight labour markets, rising interest rates, higher for longer monetary policy, QT, bank failures, overwhelming bearishness and now, issues surrounding the debt ceiling.
Alphabet Adds $115 Billion in Value After Defying AI Doubters
Alphabet Inc. is back in the game. The artificial intelligence game, that is.
Holding Gold Is Like Holding a Wildcard
The future of money is uncertain, and speculation about what comes next is all over the place. The Federal Reserve note "dollar" is the world's reserve currency, but its seat on that throne is no longer secure.
Why Clients are Attracted to Complex Investments
No one is bragging about the index fund they own to their friends.
My Older Advisors Don’t “Get” the Younger Generation
Our older advisors (four of them in their 60s) are not comfortable bringing the younger team members into their client meetings.
Stan Druckenmiller, David Tepper Lead Family Offices Betting on AI
Billionaire investing titans Stanley Druckenmiller and David Tepper loaded up on stocks benefiting from the artificial intelligence boom during the first quarter.
The Sales Book that Helped Me for 30+ Years
Influence, by Robert Cialdini, has impacted my professional and personal life for more than 30 years.
How to Give Clients the Content They Want
Here are a couple of trends that will dominate as a winning content strategy this year.
COT Extreme Positioning Suggests The Bears May Be Wrong
The COT (Commitment Of Traders) data, which is exceptionally important, is the sole source of the actual holdings of the three critical commodity-trading groups, namely: Commercial Traders, Non-Commercial Traders and Small Traders.
Economic Moats | Active Investors Seek Wider Moats
Economic moats, also called business moats, are competitive advantages that help a company maintain long-term profits and market share over competitors.
Momentum Versus Factor Momentum: Which Dominates?
New research shows that investors can profit by exploiting “momentum” – the notion that stocks or factors that experienced good performance will continue to do so, and vice versa.
The Folly of Trying to Control Technology
Technological progress in the last two centuries, and especially in the recent past, has been nothing short of amazing. So why are we so unhappy? Why aren’t we all rich?
Pascal’s Wager: The 0.1 Percent Risk
When planning for retirement, taking even the smallest risk can be life changing. Discover why financial advice during retirement planning is crucial with Harold Evensky.
Weekly Market Guide
Review the latest portfolio strategy commentary from Mike Gibbs.
Single-Stock ETFs Get Vote of Confidence in Huge 32-Fund Filing
Single-stock exchange-traded funds made a splash in the industry when they debuted last year. Now one issuer is hoping to double the existing lineup.
What Investors Need To Know as the U.S. Debt-Ceiling Deadline Approaches
U.S. Treasury debt is considered the closest debt in existence to having no default risk. The ongoing game of financial chicken between Congress and the White House puts this assumption in doubt.
The Battle for Fiduciary Standards in Massachusetts
On May 3, the Massachusetts Supreme Judicial Court heard arguments on whether Massachusetts citizens will get a state-level fiduciary rule. The Fiduciary Institute submitted an amicus brief that said, emphatically, “Yes!” This is why.
Looking Back at the Markets in April and Ahead to May 2023
After moderate gains in March, markets continued to rally in April. U.S. markets were up by low single digits, while bond markets were moderately positive. International markets were mixed, with developed markets showing modest gains while emerging markets ticked down.
Is a Recession Inevitable?
Economic reports and corporate data last week highlighted the cautious stance of corporations, contrasted against a resilient consumer, who continues to be propped up by strong demand in the labor market and increasing wages.
Four Secrets from a Referral Coach
A relationship-based business thrives on one’s ability to nurture, support, leverage and maintain the connections to the business and the people associated with it. Referrals require trust from all parties.
My Boss is Horrible and I’m Losing Hope
I’m tired of working for someone who is always angry. Nothing we do is good enough.
How AI Will Improve Your SEO – Without a Consultant!
Any financial advisor can turn their content into a powerful SEO engine without engaging an expensive consultant.
Tips to Make Your Site ADA Compliant
Here’s what you can do to make your website compliant with the ADA and accessible to all.
Automation Isn’t Just for the Fortune 500
Today’s competitive landscape is creating an interesting opportunity for discussions between money managers and their small business owner clients looking to incorporate more technology-centric investments into their portfolios.
Louis-Vincent Gave – Prepare for a Boom in Emerging Markets
The conventional wisdom is that the pandemic induced a trend of de-globalization, as major economies decreased the reliance of their supply chains on other countries. But, according to Louis-Vincent Gave, globalization will thrive, and the focus will shift from China to India and other southern hemisphere countries.
The State of Crypto ETFs in 2023
Many investors are choosing to access bitcoin and broader crypto themes through traditional ETF wrappers due to their relative simplicity and familiarity.
Taking Risk No Longer Necessary. But That Is A Problem.
Taking risks is no longer necessary to make a return on your savings.
Key Themes Emerging From Q1 Earnings Reporting Season
Key Takeaways
Unraveling The Regional Banking Crisis Amid Skyrocketing Interest Rates
The U.S. regional banking crisis is intensifying as rising interest rates put smaller banks at risk, leading to significant losses in the sector. Amid the turmoil, gold and gold mining stocks may offer investors a potentially safer alternative to manage risk.
Comcast Is On Sale! Get High Quality Dividend Growth Today!
An investment in Comcast today offers the opportunity to more capital appreciation with a margin of safety, a dividend yield approaching 3%, and is growing rapidly.
Apple Sees Biggest Rally of the Year After Sales Top Estimates
Apple Inc. rallied Friday after reporting a rebound in iPhone sales last quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.
AI Is the Next Internet… Expect Weird Things
I want to write a bit about artificial intelligence from the standpoint of a market person who knows little about technology.
Mysterious Ways: Growth vs. Value Debate
Leadership shifts at the sector and style levels warrant some additional caution, as well as a closer look as to what investors are buying when it comes to "growth vs. value."
Effects Of The Fed's Interest Rate Hikes Starting To Show
Though equities have proven resilient, more of the long-expected effects of the Federal Reserve’s (the Fed’s) rapid interest rate-raising policy arrived in April.
Are AI Tools Worth the Cost?
Readers of my AI articles have asked me for practical examples of how it can positively impact their practice.
You Control More in the Hiring Process Than You Think
It is frustrating for us to try and add to our great team when there are so few “good” people in the market from which to choose.
The Game Has Changed
In the early 2020s, the stock market looked much like basketball used to: a big man’s game. As examples, money management firms like Vanguard and Blackrock lumbered to higher heights of assets while the passive firms swallowed more market share.
AI Threat to Stock Prices Seen Spreading as Chegg, Pearson Sink
Investors are starting to see the downside from the rapid acceptance of artificial intelligence.
I Don’t Like the Fed
And neither should you.