The artificial intelligence hype that has propelled US technology stocks in the past few weeks is showing signs of fatigue.
The clouds are finally parting for Tesla Inc. investors who stuck with the electric-vehicle maker through a rough ride. A rush of good news for the company and the return of bullish market conviction put the stock on pace to more than double this year.
The punditry knows that clients dread uncertainty. They count on it. They prey on it.
I wrote this article in 2030 after I interviewed several retirees whose income plans were designed by ChatRET.
The UK has a complicated, punitive, badly constructed, and all-around dysfunctional tax system.
Spare a thought for the other AT1 crowd — not investors in Additional Tier 1 securities extinguished in Credit Suisse Group AG’s rescue, but shareholders in Aroundtown SA, the Frankfurt-listed property firm with the same stock-market ticker.
Having a reliable sales and marketing system that works automatically in the background, bringing in new, qualified leads every month instead of having to go on the hunt, allows you to prioritize your work in a meaningful way.
With the US debt ceiling standoff defused, the Treasury can start borrowing big money again. The government is forecast to issue up to $1 trillion of debt this year in short-term bills, sucking cash out of the US financial system.
A group of Alphabet Inc. contract workers is launching a unionization campaign, saying they need a greater voice at the company that has tasked them with work on its most high-profile products, including training generative AI answers in Google’s search engine and chatbot.
Billionaire Ray Dalio, the founder of Bridgewater Associates, said the US is seeing stubbornly high inflation along with elevated real interest rates.
Global bonds are slumping after two shock interest-rate hikes this week served traders a reality check that central banks are far from done fighting inflation.
Various forces have contributed to this collapse, including advertisers fleeing from extreme content; brands and celebrities quitting the site; and the risible failure of the Twitter Blue subscription, which transformed the “coveted” blue check into a mark of comic derision.
Investors are piling cash into the largest junk bond exchange-traded fund at the quickest pace in nearly three years amid a broad rebound in risk assets.
Relative rotation entails shifting among stocks, sectors, and stock factors. The strategy adds significant value to portfolio management if done well.
Today BloombergNEF released its seventh annual Electric Vehicle Outlook. The report offers reams of new data and projections around what’s become a familiar story: EV sales are growing at double digits each year and are now the only growth area in the global passenger vehicle market.
If you learn how to interpret someone’s handshake, you can immediately adapt your behavior to appeal to their communication needs and instantly build a more productive relationship.
Staying “on niche” helps financial advisors to stand out from the competition. By consistently aligning all aspects of their marketing efforts to their niche, advisors become trusted experts and enjoy long-term success.
“Owning bonds is better than white-knuckling it in stocks in an economy that is going into a recession,” Jeffrey Gundlach said.
Let’s change the language for how we help employees make behavioral shifts.
US mortgage applications for home purchases fell for a fourth week as 30-year fixed rates held close to an almost seven-month high.
US corporate bond investors are getting a new artificial intelligence-powered tool aimed at helping them more easily make electronic trades with increased transparency in the notoriously opaque market.
The emotionally overwhelmed brain cannot assimilate and act upon rational information.
The once-hot Wall Street trades of 2023 are all falling apart, in a fresh blow to market pros blindsided again and again ever since the pandemic broke out.
The first step in winning the “war for talent” is understanding what your potential employees want.
Wall Street has been caught by surprise by a rally in local emerging-market debt, an asset class that’s been largely abandoned by foreign investors after a decade of underperformance.
For the majority of PayPal Holdings Inc. analysts, the only way is up. The trouble is, the stock keeps going down.
Too many advisors jump into surge poorly prepared to deliver massive value to their clients. Here are five common mistakes and how to avoid them.
Two years after inflation surged, the Federal Reserve has made limited progress tamping it down. A coterie of investors in the bond market is betting not only that policymakers will win, but that they’re right in anticipating the era of low long-term interest rates will return.
Before firms can find out the best way forward, there’s a series of questions that need answers.
There are no immutable paradigms in our profession. Some outcomes are more likely than others, but declaring that something will “never” happen is dangerous.
The empirical evidence supports Seigel’s general assertion that stocks beat inflation in the long run. But the inflation-hedging benefits of stocks aren’t perfect.
History suggests that a soft landing might be difficult, as the U.S. has entered a recession following the last five periods when inflation peaked above 5%.
Financial decisions that are not based on personal integrity are risky in many ways. Making sound, ethical financial choices – and teaching our children to do the same – is essential for financial wellbeing.
I will analyze the pros and cons of three funds to access the reinsurance market.
For over a year, bond traders have been whipsawed by uncertainty about how high the Federal Reserve will push interest rates.
As fast as it went up for value managers, it’s coming down. The culprit is the all-consuming craze for artificial intelligence.
While tuition is the main qualified expense you think of when you get a 529, there are other tangential education expenses that will also qualify.
Here are four things advisors get wrong about tax-loss harvesting.
529 plan benefits abound no matter which type of plan you choose. Read on to get a full understanding of what 529 plans can do for you.
The artificial intelligence boom is handing a big win to hedge funds angling for an edge.
When portfolio manager David Lipner said he was quitting billionaire Izzy Englander’s Millennium Management to join a rival, the hedge fund countered with an unusual proposal: A one-year paid sabbatical and an incentive upon return if Lipner stayed.
Before your prospects are willing to pay for anything, they need to see (not just hear) what it is they’re buying.
Brex, a credit-card startup, has seen a surge in usage of its products following this year’s regional banking turmoil.
Wall Street veteran Bob Michele is eyeing opportunities in intermediate government bonds and investment grade credit as the US edges toward a recession by the end of the year.
Ross Perot Jr., whose family is one of the largest independent property developers in the country, warned of a looming real estate recession if banks don’t start lending again.
A two-day M&A conference highlighted the growing influence of private-equity investors in the RIA business.
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.
We all dread the death clutch of the meeting monster.
The latest artificial intelligence hype is powering a massive surge in the stock market on bets that a new era of innovation is nigh.