One of my favorite movies was the Coen Brothers movie, No Country for Old Men. It is the story of a guy who makes off with $2 million stolen by someone else. The ‘someone else’ is a super mean guy with a powerful blow gun. They are both being chased by a policeman. It was the best picture of 2007 and won four Oscars.
A rising S&P 500® might suggest few opportunities for tax-loss harvesting. But unusually wide dispersion among individual stocks is telling a different story—and potentially creating new opportunities for direct indexing.
Municipal bonds might still offer attractive tax-advantaged income and relatively stable credit quality for investors who understand the risks.
Stocks have recently hit new highs, supported by strong earnings growth, but the bond market is sending a more cautious signal.
The recent global bond sell-off may be more than a temporary repricing. Rising government debt, persistent inflation risks and shifting economic expectations could keep longer-term yields elevated relative to the post-financial-crisis era.
In this video The Most Powerful Growth Stock, Chuck Carnevale, co-founder of FAST Graphs and known as “Mr. Valuation,” examines NVIDIA through the lens of growth, valuation, financial strength, and long-term return potential. He explains why growth investing is still value investing when a company’s future earnings justify the price being paid.
The 2026 U.S. midterms are rapidly approaching, with major implications. Muni bonds, in particular, may be impacted.
Vanguard research challenges four myths about women investors, revealing what female clients value from financial advisors, from expertise to collaboration.
Gold clawed back some losses alongside Treasuries as markets stabilized following the Federal Reserve’s first interest-rate hike since 2023.
Huawei Technologies Co. is accelerating the debut of its next-generation AI chip in 2027 by several months as it aims to replace Nvidia Corp. in China and compete on the global stage.
Investors should continue to treat bonds with caution even as the selloff bolsters the case for holding them in multi-asset portfolios, according to strategists at Goldman Sachs Group Inc.
What does Tina Turner have in common with a US Treasury bond? They both show that the meaning of safety is not always straightforward.
Federal Reserve Chair Kevin Warsh on Wednesday presided over the first US interest rate increase since 2023, and rate hikes are generally a package deal, as the aphorism goes.
ETFs are increasingly breaking down the wall between public and private markets. Asset managers are finding ways to “ETF-ize” private equity and pre-IPO holdings — giving retail investors liquid, fractional access to growth opportunities historically restricted to institutional and accredited buyers. As companies stay private longer, the most explosive growth phases of high-profile startups often occur off public exchanges.
The shortened Labor Day trading week brought little cheer for stock and bond investors. Coming off a long weekend that saw increased hostilities between the US and Iran, oil prices pushed higher, topping $100/barrel. Gas and diesel prices also spiked: diesel hit an all-time high of $6/gallon, while regular gas jumped to a Labor Day record of $4.15/gallon.
Advancements in technology, combined with significant stock market gains in recent years, have created a new set of opportunities—and challenges—for investors. For example, investors holding a concentrated position in a highly appreciated stock may face a difficult trade-off between the risk of a market downturn and the potentially significant tax cost of diversifying the position.
The Federal Reserve today unanimously decided to raise its short-term interest rate target by a quarter percentage point to a range of 3.75 – 4.00%, the first hike since mid-2023. The Fed made two key changes to the statement announcing its decision, declaring that “domestic spending has been resilient” and the rate hike “will support a timelier return” to the Fed’s 2% inflation target.
When it comes to personal finance, conventional wisdom says the best way to live is debt-free. There are many important reasons why this is tried and true, but for high-net-worth individuals, lending can be an optimal way to access cash in the near term without sacrificing long-term gains on your assets.
Fed policymakers unanimously voted to raise rates 25 basis points, the first hike since 2023, and vowed to fight inflation. Another hike is seen this year, but 2027 is in question.
Most people have had that moment when they’re walking along outside, enjoying a sunny day, and suddenly something long and twisty on the ground catches their eye. Before they even know what’s happening, their whole body jumps and their brain shouts, “Snake!”
The Federal Open Market Committee (FOMC) decided to raise rates by a quarter-point, bringing the new fed funds trading range to 3.75%–4.00%. The money and bond markets had been pricing in a potential rate hike at this gathering, and Warsh & Co. ultimately determined that such a move was warranted. That said, the ‘rate hike’ story does not end here.
Janus Henderson launched a new international equity ETF on Wednesday, according to a Janus Henderson press release. The Janus Henderson International Core Alpha ETF (JINT) seeks long-term growth of capital across developed markets outside the U.S.
The Federal Reserve concluded its sixth meeting of the year by raising the federal funds rate (FFR) by 25 basis points to a target range of 3.75%-4%.
Join Fidelity for an educational webcast exploring derivative income in today’s market environment.
Clients value advisors who are knowledgeable about philanthropy as well as those who collaborate with philanthropic specialists when deeper expertise is needed. Advisors who coordinate deliberately with specialists, rather than working around them, are best positioned to meet those expectations.
With mass AI adoption across nearly every industry, a new challenge is emerging: When everyone has access to the same technology, everything starts to look and sound the same. Once you stop standing out and creating genuine connections with prospects, you face a big marketing problem.
In my years working with advisors, teams, and firms, I’ve had to confront the topic of compensation many times. It’s hard to grow when you don’t have the right incentives in place to encourage people to focus on actually doing it and hard to team effectively when people may think they are being treated unfairly.
US retail sales rose by the most in five months in a broad advance, showing consumers continued to spend despite rising gasoline prices.
One fear over the past few days is that an artificial-intelligence slowdown, whatever that looks like, might harm the stocks of chipmakers. If AI development takes a breather, the insatiable appetite that has propelled component makers to unprecedented heights would dissipate. Will AI companies still need all those data centers?
Every single sector in the S&P 500 is expected to deliver earnings growth for the third quarter, the first time since 2021, when corporate America emerged from the pandemic slump, Bloomberg Intelligence data shows.
Ed Yardeni, one of the biggest stock bulls on Wall Street, is slashing his year-end forecast for the S&P 500 Index a month after raising it, citing increasing risks of a downturn in the next three to six months.
Morgan Stanley’s investment manager secured $1.3 billion in capital commitments for a growth equity fund that’s already invested in startups including Databricks, Anduril Industries Inc. and Ramp.
Last December we published Riding the Wave: The Anatomy of Booms & Bubbles. In it, we argued that the AI spending boom would continue through 2026 without tipping into ‘bubble’ mania, and that the right posture was to stay overweight stocks while favoring US assets. Nine months on, we think that call has aged well.
Single-stock leveraged ETFs were unusual when they first arrived in the U.S. market just four years ago. Today, it might be hard to find a stock without one. Issuers are aggressively pushing beyond megacap tech into niche equities, pre-IPO registrations, and even experimenting with leverage levels and frequency.
With so much attention focused on what the Fed might do at its policy meeting this week, it’s a good time to look back at history to get a sense of how stocks might respond should policymakers hike rates as the market now expects. LPL Research had been characterizing the rate decision as a coin flip until Fed Chair Kevin Warsh’s hawkish comments at the Jackson Hole meeting and the strong August jobs report.
From the 2020 pandemic to today’s oil shocks, we’re often reminded in recent years that inflation can flare up unexpectedly. We’ve also likely entered an era in which higher inflation may linger for some time. As a result, bond-heavy and income-oriented investors may need to shore up their inflation defense, which we think should combine strategic positioning with tactical maneuvering.
The Consumer Price Index (CPI) data for August was generally in line with expectations. However, a slightly hotter-than-expected core CPI reading buoyed expectations of a rate hike at the Federal Reserve meeting in September.
The August employment report was much stronger than expected and reinforces my view that the U.S. economy remains remarkably resilient. Payrolls increased by 162,000, above every estimate, while revisions added another 55,000 jobs to the previous two months.
A rate hike on Wednesday is now very likely but would also be unusual, and perhaps dangerous, at least as far as the past generation of monetary policy goes.
AI-driven healthcare innovation is creating strong investment opportunities by improving efficiency, expanding access, and delivering better patient outcomes.
A week of rising oil prices and higher interest rates sent stocks lower across the board as investors increasingly priced in the likelihood that the Federal Reserve (Fed) will begin a rate-hiking cycle at its September 16 meeting. Following the August Consumer Price Index (CPI) report, futures markets implied an 88 percent probability that the Fed will, or at least should, raise rates at next week's meeting.
Bond prices and interest rates generally move in opposite directions. When interest rates rise, the market prices of existing bonds typically fall. When interest rates fall, existing bond prices typically rise.
Join the experts at Sterling Capital for an educational webcast covering a unique corner of the fixed income market.
Discover how autocallables provide steady income and downside risk protection in volatile markets, and how autocallable ETFs can help.
In what is a good sign, many discussions around automation generally and AI specifically are increasingly moving to questions about compliance and liability. Basically, people are asking whether the agentic coworker they just hired is smart enough to trust.
I’ve written before about why the federal debt may be less dire than the headlines suggest, and I still think much of that argument holds. You cannot know whether a national crisis is coming. You can, however, assess the risk of a crisis for your own budget and take action to reduce that risk.
Anthropic PBC is pitching financial advisers on a version of Claude that blends the chatbot with financial analytics and risk management technology run by BlackRock Inc., Vanguard Group Inc. and other firms.
An essay from Anthropic PBC’s Dario Amodei saying artificial intelligence companies must “pace the frontier” has got the world talking about a slowdown in their most cutting-edge research. OpenAI’s Sam Altman and SpaceX’s Elon Musk publicly agreed with the post.
Treasury yields are closing in on an inflection point where, historically, stocks and bonds have reinforced losses in one another. That points to a regime shift of higher bond and stock volatility and wider credit spreads.
Kevin Warsh has rightly called into question the effectiveness of the Federal Reserve’s communications — but his arrival as chairman only seems to have made the problem worse. To put this right after the next Fed meeting this week, he’ll need to rethink his approach to explaining where things stand.
