This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this article began.
We expect inflation and rates to remain higher than the last decade. We favor tech within growth and cyclicals within value.
European banks are rightly being criticized for failing to pass on interest-rate increases to customers. But is it any wonder they’re so unafraid of losing business? Compared to their US counterparts, European financial institutions often face less competition from alternative cash-like investments.
How do you cultivate a successful referral program?
Commodities stand to benefit from underinvestment and the clean energy transition.
Advisors are using tax-managed products for tax-sensitive clients. In this interview, we learn how tax-managed products maximize the after-tax returns for investors to help them get to their goals with greater certainty.
Where have all the publicly held companies gone? As companies increasingly choose to remain private, new opportunities emerge for investors.
As businesses worldwide adopt technology, the innovation of AI may result in market leadership changes, global economic growth, and investor opportunities.
Since World War II, the US Dollar (USD) has served as the world’s preeminent ‘reserve currency’ – the means of exchange for most of the rest of the world to do business.
A cruder version of the above phrase, “Mess Around and Find Out”, has gained popularity in the American vocabulary. Politicians keep messing around with the creditworthiness of the nation’s sovereign debt. On August 1st, they found out.
Will the economy roll into a formal recession, or is a recovery underway? It's a close call.
Today we’ll continue reviewing Neil Howe’s magisterial new book, The Fourth Turning Is Here, focusing on the Millennial Generation’s important role in the coming crisis. Then we’ll think about what the crisis may look like. Finally—because I always try to look on the bright side—we’ll consider what Neil expects in the “First Turning” that will follow.
A team of scientists claimed to have created a breakthrough material that could superconduct electricity at room temperatures and ambient pressure. But then people started trying to replicate the experiment.
It has been nearly two years since corporate America reopened, and employers are still struggling to get people back into the office. Just ask Jamie Dimon, CEO of JP Morgan Chase, who has been pushing for in-office work, yet 30% of his workers remain hybrid and he continues to face pushback.
All of a sudden, the short-volatility trade is back on Wall Street as billions of dollars pour into options-selling ETFs like never before.
What might the sensational superstar Taylor Swift have in common with exchange-traded funds? David Mann, our Head of ETF Product and Capital Markets, lightheartedly examines the different eras of the ETF industry—drawing parallels to Swift’s memorable eras as a musician.
I thought I’d lead with some really impressive statistics. I just finished reading our latest ADV Part 2 (the SEC disclosure document provided annually to clients) describing the firm.
Federal Reserve policymakers are increasingly likely to leave interest rates unchanged at their next meeting in September after fresh data showed further signs of cooling inflation.
Investors should be aware of potential real-time market exposure risks when implementing large changes to their portfolios.
The common currency has not led to common outcomes.
We've all heard the mantra "Cut your losses early; let your profits run." Does it make sense? We take a deeper dive in this short research note.
What would you do if you won the Mega Millions? It’s now up to a record $1.55 billion! We would start a not-for-profit to educate people not to play the lottery.
July was another good month for stocks across the board. The U.S. indices were up in the low single digits, while international markets also did well. Riskier investments like the Nasdaq and emerging markets did best.
NYSE’s Douglas Yones covers a wide range of topics including active ETFs, Dimensional’s proposed ETF share class structure, surveillance sharing agreements pertaining to spot bitcoin ETF filings, ETFs moving to floor trading, and the importance of industry education. VettaFi’s Roxanna Islam offers perspective on the recent wave of ethereum futures ETF filings and unpacks this year’s stellar performance from the consumer discretionary sector. MUSQ’s David Schulhof spotlights the recently launched MUSQ Global Music Industry ETF.
Wall Street is growing more confident that there won’t be a recession. But one thing that stood out for me from otherwise decent-second quarter earnings is the number of executives claiming their industries are already in recession.
Coming into the year, over 60% of economists expected the economy to enter a recession in 2023. But the economy’s resilience, particularly in the wake of aggressive rate hikes, has surprised the market and supported better than expected earnings growth and the equity rally year-to-date.
Evan Harp sat down with Dr. Preston Cherry to discuss financial psychology, how it differs from behavioral finance, and how advisors can benefit from incorporating it into their practices.
Earnings season has thus far been a mixed bag, and despite a notable increase in the beat rate, the market is rightfully shifting focus to guidance for the rest of the year.
After 17 months of intense fighting, the costs of rebuilding Ukraine will most likely be far higher than previously expected. European countries, which have repeatedly pledged to support Ukraine but have contributed relatively little to its defense thus far, must coordinate and facilitate this effort.
With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad swath of companies the worst of the profit pain is likely over as margin-shredding inflation pressures ease.
Is it possible for economic news to be a little too good? If many economic worries seem to be dwindling, is that reason to be scared? After periods of success, are economies due for a comeuppance — perhaps even for reasons stemming from their earlier achievements?
For now, and according to the June Summary of Economic Projections (SEP) ‘dot-plot,’ the Fed still has one more 25 basis point increase for the federal funds rate before the end of this year.
Bank of England raises interest rates again as expected. Rate hike likely to hurt first-time homebuyers in London. UK gilt curve appears to be pricing in a "higher rates for longer" scenario.
We are in the last half of what is the most disruptive and violent of the generational periods.
The sovereign credit rating cut is unlikely to significantly change views toward U.S. Treasuries, but questions about debt sustainability may grow louder over time.
Referrals from established clients are a good way to organically grow an advisory business.
Raymond James CIO Larry Adam examines the reasons for the decision and what the impact may be on the financial markets.
New public policies reflect growing urgency to address climate risk, which equity investors should emphasize, too.
Analysts don’t quite know what to make of Coinbase Global Inc.’s valuation.
Results from Apple Inc. and Amazon.com Inc. after Thursday’s close represent the next big hurdle for the market’s tech-fueled rally, and it may be the hardest to clear.
No amount of power and prosperity can stop the irritation of getting judged for your borrowing habits, as the world’s biggest economy just experienced.
Equity and fixed income markets experienced heightened volatility amid the Q2 debt-ceiling saga, while currency and derivatives markets were mostly unaffected.
The only constant in life is change — and Wall Street strategists trying in vain to divine the stock market’s future. After collectively missing the lion’s share of the year-to-date rally in the S&P 500 Index, the Street’s macro soothsayers appear to be getting modestly more bullish again.
To see success in your practice, here are five things you must stop doing.
Last week was Super Bowl week for economists, with fresh guidance from the Fed, ECB, BoJ, as well as data releases on GDP and inflation. The economic data fireworks show was set against a busy week of earnings data, which acted as garnishes to the main course of economic data.
The unexpected downgrade of US government debt sent shockwaves across the economic and political landscapes. In financial markets, the move was met with what amounts to a shrug.
Central bank policies are set to diverge from the steady hikes characterizing the first half of 2023, contributing to increased market volatility for the remainder of the year.
The Wall Street Journal recently reported that America’s retirees are investing more like 30-year-olds. Is it true?
Advisors must go beyond a one-size-fits-all approach and embrace the power of personalization.
Running a successful business means staying on top of day-to-day operations and of the evolving environment in which your business needs to operate as you grow. In our latest guide, we share seven risk factors every advisor should consider, with actionable tips to help you evaluate your firm’s potential liability.
