With this week’s announcement that the White House is deploying nearly $3 billion to boost domestic output of EV batteries and the minerals used to make them, it may be time for investors to take notice.
President Joe Biden has begun aggressively promoting his student debt relief plan with less than three weeks before midterm elections, after all but avoiding the subject on the campaign trail while the government worked out kinks in the program.
Overall, Wall Street has made only modest downward adjustments to earnings outlooks this year. For all the recession hysteria, consensus earnings forecasts for 2023 are a meager 2% below where they started the year.
Inflation, instability, interference, these are the things that try our souls (to paraphrase American patriot Thomas Paine). They’re also the things that can make one think twice about keeping their wealth in dollars.
Bob was in Nashville, TN last week as part of a gathering of the AP team.
Efforts to stockpile fuel mean Europe and Asia are approaching winter with healthy inventories as governments seek to counter shrinking supplies from Russia.
When it comes to elevating the “customer experience” to improve client satisfaction and results, today’s family offices could learn a thing or two from Starbucks.
Here are a few ideas to find the perfect gift to show you care.
To ensure your homepage is set up for success, I’ve listed six advisor sites that nailed their homepage messaging through copy and design.
The world is in a very different macroeconomic position today compared to the prior forty years.
Investors are looking beyond a looming global recession and they see one country – and its financial markets – emerging strongest on the other side.
U.S. equities are beginning the new week sharply higher, getting a boost from the U.K.'s decision to abandon nearly all its tax cut plans.
Midterm elections are upon us. I’m here to warn you… don’t fall for the trap.
Readers of a certain age will remember Carnac the Magnificent, Johnny Carson’s recurring alter ego.
Millennials were more comfortable with the stock market this year, a May survey found. We explore the outlook for equities through a generational lens.
United Airlines Holdings Inc. is closing in on an order for more than 100 widebody jets as it studies offers for Boeing Co.’s 787 Dreamliner and Airbus SE’s A350, according to people briefed on the matter.
Sandpiles can be fun. Nothing beats taking kids to the beach (or being a kid!) and watching their creativity blossom into all kinds of magical shapes. The problem with sand construction is it doesn’t last. I have it on good authority that building your house on the sand probably won’t end well.
The strong dollar remains a risk to corporate profits and asset prices as the impact on the global economies grows.
The top 50 broad strategy funds – determined by highest historical performance through 2021--outperformed the market by 21 percentage points through the first six months of 2022.
The US corporate earnings season could prove to be half decent, but don’t expect the market to celebrate.
U.S. stocks are mixed and subdued as the markets digest another hot inflation report in the form of the September Producer Price Index.
When you look at expectations for corporate earnings for the third quarter, you get a bunch of mixed messages.
In a recession, you must know what mistakes to avoid to protect your 401k.
Banks globally are finding there are fewer corporate acquisitions to finance now, forcing lenders to focus on a less lucrative business: giving loans to corporations looking to cover rising expenses amid high inflation.
What will happen to the clients of advisors who don’t have a formal succession plan in place?
U.S. equities are mixed as investors await this week’s highly anticipated September inflation data.
It is as though the finance world decided to take a page out of the music industry's book by recycling a melody with only slight variations.
We do not expect the current environment of weakening economic growth to dislodge the long-term staying power of our investment themes and have also taken great care to try to insulate against the most pernicious risks that inflation poses to equity investments.
Growth stocks enjoyed a supercharged post-COVID rally before higher rates and inflation dealt a heavy blow in 2022.
The Harvard Business Review is celebrating its 100th birthday with a fat book of its most influential and innovative articles and an electronic fanfare of videos, charts and online articles.
In a new book, three economists assessed, using detailed data, whether income inequality in America is as great as everybody thinks it is. They conclude that, by a wide margin, it is not, for surprising reasons.
Booming demand for batteries powering the world’s shift into electric vehicles is rekindling US cobalt production after at least a 30-year hiatus.
One of the themes I’ve discussed in recent months is the disconnect between a 40 year high in inflation and the lack of experience money managers have in understanding the monetary policy required to deal with such high inflation, including managers with 25 to 30 years of experience
There's a new religion in economic policymaking. It's a more modern view of supply-side economics with converts on both the right and the left. But what that means and how to achieve it is dividing policymakers.
U.S. stocks are trading modestly lower in pre-market action with the markets awaiting tomorrow's key September nonfarm payroll report.
Many investors are searching for assets that can help protect portfolios from inflation.
On August 16th, President Joe Biden signed the Inflation Reduction Act into law, ending months of uncertainty over whether congressional Democrats would ever reach agreement on a compromise budget reconciliation bill.
This is a critical time for investors and policymakers alike.
One investment with the ability to provide current income, inflation protection, and even the potential for capital appreciation has been largely overlooked – rising dividend stocks.
In rural America, the shoulder-high corn is increasingly competing with a new cash crop: solar power.
A growing number of Americans are renouncing their citizenship to escape a law that was designed to crack down on offshore tax evasion.
German utility RWE AG agreed to buy Consolidated Edison Inc.’s renewable energy assets for $6.8 billion, in one of the biggest green deals in US history.
Investors are primed for any bit of good news to help them forget a brutal quarter for stocks that took this year’s value destruction to $24 trillion. A resilient corporate earnings season might give them that.
This dark symphony was never going to end without sparking a currency crisis, one which allows countries to blame other countries as the source of their own internal problems. We will see that it’s not always the case.
How risky is the stock market for investors who are focused on the long-term real spending their wealth can support, rather than the present value of their wealth?
Over the last few months, the Federal Reserve (Fed) has changed its angle of attack quite dramatically, in an attempt to battle surprisingly and stubbornly high inflation.
First they came for factory jobs. Then they showed up in service industries. Now, machines are making inroads into the kind of white-collar office work once thought to be the exclusive preserve of humans.
It appears to us that global innovation has bottomed and offers attractive value.
Unlike with 401(k) plans and other retirement savings accounts, the IRS does not set annual contribution limits for 529 college savings plans. Instead, the states that sponsor individual 529 plans set parameters for the life of the plan.
In the 1980s there was a famous TV ad for Wendy’s with the tagline “Where’s the beef?”.
