Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level.
On a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Brien Lundin. Brien Lundin is the CEO of Jefferson Financial, publisher of Gold Newsletter, and organizer of the New Orleans Investment Conference.
Trump’s threat to impose 100% tariffs roiled markets Friday, and clearly, if implemented, would send stocks much lower. But this may also be the last salvo before a final deal is worked out.
With the U.S. government shut down, the Labor Department was unable to release the monthly employment report on October 3. You could almost sense the economics community experiencing a kind of withdrawal, not sure of how to cope with the deprivation of data.
Over the past two and one-half decades the federal government has buried taxpayers under a mountain of debt, now approaching $38 trillion.
Earnings season kicks into high gear this week, with the big banks unofficially firing the starting gun on Tuesday.
While energy policy in the US tends to be polarizing, nuclear energy enjoys broad support from both sides of the aisle. Republicans are drawn to nuclear’s energy security and reliability.
The latest moves by European companies to list in the US are more radical than meets the eye. AstraZeneca Plc and TotalEnergies SE want to upgrade their existing US equity offering to stock from from quasi stock — a well-trodden path. But as ever, the devil is in the detail.
Corporate bond routs from Sao Paulo to Istanbul are signaling to investors that the standout run in emerging markets may be starting to show some cracks.
Following Friday’s selloff amid the resurgence of tariff threats on China, I asked ChatGPT a simple question: ”How to Stay Calm In The Stock Market?” In this week’s post, I thought it would be helpful to review ChatGPT’s advice and discuss it in more detail.
Modern economies are built on ideas, innovation, and intangible assets, but they still run on inputs you can’t digitize away. Labor, energy, materials, water, and capital are the physical and financial infrastructure that supports growth, drives margins, and defines which business models can actually scale.
Today we’ll go through the steps central banks typically follow through the debt cycle. Then we’ll contrast them with what central banks could do that might actually work.
As we write this, the market’s reaction to the government shutdown in the U.S. has been little more than a shoulder shrug. That would seem a rational response, particularly if this shutdown is short-lived.
The combined effects of declining capacity utilization in the United States and globally, the inherently deflationary power of artificial intelligence (AI), the Federal Reserve’s deliberate monetary restraint, and the liquidity-draining impact of tariffs will serve to impede economic growth and decrease inflation through 2025 and beyond.
These days, advisors and their clients are directly marketed private credit through interval funds and tender-offer structures. This change raises an important question: What should you say to a client who asks about these products?
Polymarket is a rational system, with efficiency, security and incentives designed into the platform. But it may still see unanticipated problems.
Something changed this year. This year, diversification beyond U.S. stocks has added value, as can be seen in the performances of portfolios.
On this week’s edition of Market Week in Review, Global Chief Investment Strategist Paul Eitelman assessed the health of the U.S. economy amid the ongoing government shutdown.
This year several new funds have debuted, each designed to meet the changing needs of today’s diversified portfolios.
As the Fall gets into gear, more and more investors and advisors will be considering their end of year tax bills. While markets saw plenty of uncertainty and upheaval so far in 2025, many will be facing significant tax implications on their gains.
Often pitted against each other, gold and Bitcoin are both benefiting from the effects of the current “debasement trade.” In turn, this creates investment opportunities to capture upside in ETFs that offer exposure to cryptocurrencies.
NVIDIA’s $100 billion partnership with OpenAI signals a paradigm shift, as demand for AI compute infrastructure surges beyond even the boldest forecasts.
Already off to a fine start due in part to the government shutdown headlines, bitcoin and BRRR could be in style this month and over the course of the fourth quarter with the help of favorable seasonality.
The fourth quarter is typically – seasonally – positive for U.S. equities. An ongoing government shutdown is not a strong backdrop for markets, but major indices remain close to record highs, waiting for new data for direction. It looks like a good time to be cautiously optimistic, or to get a little defensive, maybe add a little gold, and steer clear of highly valued stocks.
From technology firms to translators, the world has not faced up to the consequences of artificial intelligence wiping out swathes of jobs, according to one of AI’s biggest cheerleaders in finance.
The government shutdown is already beginning to impact air travel. Alarm bells are ringing about the air traffic controllers who are not being paid yet are expected to continue working. While members of Congress bicker, the snarls at airports and potential safety issues are coming like a downhill train that’s lost its brakes.
There’s a concerning undercurrent running through the US labor market. The unemployment rate has been steadily climbing. That’s unusual. Typically, when unemployment goes up, it spikes.
September was a powerful month for ETF flows, despite volatility, fiscal deficit concerns, and a shifting macroeconomic backdrop.
Treasuries advanced Friday as traders reacted to evidence the US government shutdown may be curtailing economic activity.
Many investors have moved to add significant foreign equities exposure this year, rewarding them with strong performances and returns.
The U.S. Federal Reserve instituted its first interest rate cut of the year, which could force investors to reassess their fixed income portfolios to plan for further monetary policy changes. Given this, it’s an opportune time to consider using more flexible active funds in order to mute any rate cut noise.
While the Consumer Price Index is closely followed, these five under-the-radar inflation gauges can provide more insight into inflation's trajectory.
The recent US government shutdown likely triggered immediate ripple effects across the workplace and has implications for retirement savers.
Gold has climbed steadily higher over the past year. And the August attempt to fire Fed governor Lisa Cook seemed to catalyze what has since been a steep price rally.
In this video, Chuck Carnevale, co-founder of FAST Graphs and known as Mr. Valuation, takes a deep look at FactSet Research Systems (FDS) — time to buy? The company that provides data to FAST Graphs itself.
There has been a lot of hype surrounding artificial intelligence, and AI stocks have helped propel the stock market to record highs. Meanwhile, gold stocks have quietly outperformed AI chip stocks.
With official economic data on pause during the government shutdown, investors are left with limited visibility. Kevin Flanagan explains how markets are leaning on private sources and Fed signals to fill the gap.
How AI evolves is perhaps the biggest question looming over the future of both the stock market and the broader economy. The “magnificent seven” tech companies, all with big bets on AI, account for more than one third of the S&P 500 Index’s market capitalization, up from about a fifth at the end of 2022.
The Fed has made its first rate cut of the year, with more possibly ahead—but that doesn’t mean longer-term yields like the 10-year Treasury will follow. So far, they haven’t. The potential result? A frustrating mix of falling money market rates and stagnant at best bond prices. For yield-seeking investors, equity income strategies may offer a compelling alternative, with opportunities less sensitive to interest rate swings.
For years, mainstream investment gurus have steered clients away from gold. But with the yellow metal gaining more than 87 percent since January 2024, it’s getting hard to ignore the yellow metal.
One obvious tweety bird is the riskiest type of bank debt, known as perpetual additional tier one bonds. These securities allow regulators to wipe out investors if a bank fails, but to compensate they offer the highest yields for lending to financial firms.
In the history of Wall Street, few have been as successful as Ken Griffin. Over the past three decades, he has built his Citadel hedge fund into a global financial behemoth, helping Griffin accumulate a personal net worth of about $48 billion. So when he makes a market call, it’s worth paying attention.
This article breaks down the five main reasons financial advisors overwhelmingly prefer using crypto exchange-traded funds (ETFs) rather than recommending direct purchases of Bitcoin, Ethereum, or other tokens.
For starters, much has been said about equity valuations, and stocks are definitely trading at elevated multiples. However, the forward price-to-earnings ratio (P/E) of the S&P 500 has yet to reach dotcom era levels, and in fact remains below December 2020 levels because earnings were depressed coming out of the COVID-19 pandemic. T
Higher yields earlier in the year opened a window for meaningful tax loss harvesting. Investors who acted captured valuable tax savings, while those who waited saw opportunities diminish as yields retraced lower through the end of the third quarter.
To say the roof hasn’t caved in on the dollar is an understatement. Despite the doomsaying that was pervasive after the White House imposed sweeping tariffs, the greenback is as entrenched in the cogs of global finance as ever. If anything, its use is more pervasive.
The boom in capital expenditures related to generative artificial intelligence is generating lots of questions about whether it is sustainable.
As younger generations are more often delaying life milestones, like marriage, parenthood and homeownership, advisors may need to adjust their conversations with millennial and Gen Z clients.
While large firms struggle with legacy systems and entrenched processes, agile mid-market players can deploy next-generation compliance technology and immediately realize competitive advantages.
October 8 marks World Financial Planning Day, a global celebration highlighting the power and purpose of financial planning.
