The Biden administration is under pressure from Capitol Hill lawmakers and student debt advocates to develop contingency plans to cancel billions of dollars in student debt and to move forward quickly if the Supreme Court strikes down the administration’s initial executive action.
Investors are still recovering from the municipal market beatdown of 2022, but the current higher absolute yield levels provide an attractive “re-entry” point for municipal market investors.
If you believe in the Milton Friedman adage that inflation is always and everywhere a monetary phenomenon, then you should also believe that the Federal Reserve can stop increasing interest rates. Now.
When we think about generating income for our clients, for over 30 years we’ve thought the most efficient way to do this is to blend the two key risks of fixed income into one portfolio.
Here are the three ways to get 2023 off to a great start so you can deliver even more massive value than ever before.
U.S. equities finished mixed in a lackluster trading session, as Q4 earnings season shifted into a higher gear today.
2022 was a banner year, and not in a good way.
COVID-19 has been a catalyst for change in many aspects of our lives, not least the migration to flexible working, which would have taken many more years without the pandemic’s brutal intervention.
Drew O’Neil discusses fixed income market conditions and offers insight for bond investors.
The first and easiest leg of the bursting of the bubble we called for a year ago is complete.
Stubborn inflation means more interest-rate increases are coming from the Federal Reserve and that sounds like great news for banks.
Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and eclipsing one of history’s most successful financial plays.
Two major issues clients should consider in creating their own long-term care plan are where they will live and how they will pay for the care they are likely to need.
Word is out among hedge fund managers on how to get tax breaks for giving to charity - without actually handing over their money just yet. They can even keep it in their funds.
The problem with speculation is that there’s usually a gap between the underlying risk and the inevitable outcome.
To determine the places where affluent Americans give the most to charity, we compared 384 metro areas.
2022 was a year of disappointment and negative surprises as economies faced the consequences of geopolitical turmoil and central banks fighting inflation.
U.S. stocks are extending a late last-week rally, with Q4 earnings season set to shift into high gear.
Advisors can illustrate the risks in single-stock positions by educating their clients on the historical evidence that demonstrates diversification is the prudent strategy.
Is the Fed trying to wean the markets off monetary policy?
Ray Dalio, founder of the world’s largest hedge fund, has one.
The world’s leading CEOs, politicians, and various do-gooders were in Davos, Switzerland, this week, discussing ways to solve our collective problems and create opportunities for their own companies. The most important conversations were off the record and many of the public speeches were simply performance art.
A January survey conducted by Bank of America shows that 91% of money managers believe China will “fully reopen” in 2023. That’s a significant increase from December 2022. Growth expectations for the country are also at a 17-year high.
The recurring farce of lifting the US government debt ceiling began again this week.
U.S. equities are higher, as the markets look to get back to their winning ways after a two-day losing streak.
Investors may be able to lock in higher yield levels notes Doug Drabik, Managing Director, Fixed Income Research and Nick Goetze, Managing Director, Fixed Income Solutions.
A common mistake that investors make regarding dividend portfolio construction is not having a well-thought-out plan.
The greatest financial risk for depleting retirement resources is an unexpected and lengthy stay in a long-term healthcare facility.
Dina Ting, our Head of Global Index Portfolio Management, offers her perspective on the allure of multifactor US mid-capitalization strategies for 2023.
A correct, affordable and successful industrial policy would create the conditions in which the U.S. and foreign companies will invest in U.S. re-industrialization in their own self-interest.
2022 was a difficult year for bond investors, but the combination of high inflation and tighter Fed policy should keep yields elevated, creating materially stronger fixed income returns in the new year.
We call them narratives, memes, or mind viruses.
The best start to a year for bond returns is helping fuel an unprecedented debt-sale bonanza by governments and companies around the world of more than half a trillion dollars.
Bond traders were once deemed so powerful and all-knowing that Tom Wolfe described them as the “Masters of the Universe” in his classic 1987 novel “The Bonfire of the Vanities” that used Wall Street as its backdrop.
Behind the five-decade low US unemployment rate of 3.5% lies a 2.6 million-person mystery.
Some of the biggest investors in US commercial real estate are looking to cash in before property values slide further.
Portfolio Manager Michael Oh, CFA, reviews what he seeks out in innovative companies and why he thinks Asia may be in the early innings of innovation in more than technology.
European policymakers face a dilemma: continue to hike interest rates to combat inflation or ease off to stimulate growth.
We believe it is important to keep you informed on the latest proposals and regulations impacting the retirement industry, as well as implications to your business.
It is a challenge to design a website that addresses the needs and questions of multiple client types.
Higher expenses and a plunge in deal-making hobbled quarterly results for two of Wall Street’s premier investment banks, with shares of Goldman Sachs Group Inc. sinking amid concern that the situation won’t improve anytime soon.
One of the main questions for the US economy in 2023 is how the trajectory of inflation will unfold.
Let me share a story of an RIA who will be forced to mount a legal defense because of a lawsuit that is likely to be filed by two of his retired clients.
The team at Infrastructure Capital Advisors provides key insights and advice on current market conditions and economic outlook for this month and the coming months.
VettaFi’s Tom Hendrickson and Lara Crigger highlight 2022’s rising ETF stars. George Noble explains the Noble Absolute Return ETF (NOPE). NYSE’s Mo Sparks and Trackinsight’s Robert Jaeger discuss their new collaboration, ETF Central.
Morningstar’s latest research showed higher safe spending rates across all asset allocations over all time horizons. I don’t agree with those results.
Investors don’t appear to have been fazed by the FAA mishap. Shares of U.S. domestic airlines finished Wednesday up more than 1% before advancing a further 4% on Thursday in response to positive earnings estimates.
This article explores how the addition of specific liquid alternative strategies produces an “All-Terrain” portfolio with the potential for improved long-term performance across a wider range of market environments.
One of the most lucrative money-making machines in the world of finance is all clogged up, threatening a year of pain for Wall Street banks and private-equity barons as a decade-long deal boom goes bust.
Welcome to tax season, TikTok edition.
