This economy can’t go on forever.
China stocks’ frenzied week has ended how it began: with jaw-dropping losses.
The cost of debt on commercial property has risen so fast that it’s now more expensive to finance many real estate deals than owners currently earn from rents.
It was supposed to be the silver lining to a year of brutal losses. As bond-fund managers watched the market value of their portfolio decline rate hike after rate hike, one thing was certain: companies would soon have to return to the market offering juicier yields.
Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a US and global recession, economists surveyed by Bloomberg said.
Depending on where they live, student borrowers may soon face an unexpected tax burden.
Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent’s market value has collapsed by a whopping $520 billion in the past year, and now it’s on the brink of getting booted from the ranks of the 20 largest US companies.
In these tumultuous times on Wall Street, at least one investing trend is proving remarkably consistent: Dividend ETFs are notching relentless inflows as traders take refuge in the stock-market storm.
Bitcoin gained for a second day, spurring optimism among the almost always bullish advocates of the bellwether cryptocurrency for an end to the months-long decline known as crypto winter.
US officials have been forced to scale back a plan to impose a cap on Russian oil prices, following skepticism by investors and growing risk in financial markets brought on by crude volatility and central bank efforts to tame inflation.
The TreasuryDirect website is facing long delays as Americans race to buy US Series I savings bonds before rates reset at the end of the month.
The latest bear-market rally in US stocks has brought investors off the sidelines and provided a welcome reprieve from three quarters of gloom. But traders now need to ask themselves whether the risks continue to justify the potential returns.
Corporate executives will have to pay back bonuses based on mistakes in their businesses’ financial reporting under a new rule from the US Securities and Exchange Commission.
The first and most important thing you need to figure out is what a potential high-net worth client is looking for when they come to see you.
Every year, the IRS offers taxpayers a polite warning in the form of what it calls the “dirty dozen” – 12 of the latest tax-related scams. We introduce “the permissible dozen” – the 12 easiest ways to reduce federal income taxes – legitimately, of course.
The Harvard Business School’s Michael Porter is the leading authority on industry structure and competitiveness. His framework shows how RIAs should think strategically about the current state and future evolution of their industry.
It was 40 years in the making, but the deadline for the new SEC marketing rule is finally upon us. It introduces many exciting opportunities for financial advisors. It also brings tremendous uncertainty around how to best take advantage of the new regulations.
Surging US tuition costs have more American parents sending their children to college in Europe as they look to save money on higher education.
Microsoft Corp. reported 35% growth in cloud services. Alphabet Inc.’s own cloud unit beat estimates and narrowed its losses. Yet both stocks slumped.
After a widely expected fourth straight 0.75% interest-rate increase next week, there's a growing view that the Federal Reserve will step down to a 0.50% bump at their December meeting.
A classic recession warning is flashing in the US Treasury market, where the 10-year note’s yield fell below the three-month bill’s, a rare occurrence that signals investors anticipate dire economic consequences of the Federal Reserve’s campaign against inflation.
We are debating whether to expand our niche or whether to expand at all.
Here are some points to consider when planning your marketing strategy for 2023.
A funny thing can happen in the mind of a prospect during their initial consultation with you.
Most compliance officers are well-intentioned, competent professionals who perform a valuable function for the investment advisory community. Then there are the exceptions.
A new study shows just how difficult it will be for younger Americans to copy that success.
Texas Instruments Inc. and SK Hynix Inc. offered a gloomy view of the chip market in their latest quarterly reports, dashing hopes of a quick rebound for the $550 billion industry.
Boeing Co.’s cash surged last quarter as it restarted 787 Dreamliner deliveries after a lengthy halt, giving investors a glimpse of the bounty that awaits as the manufacturer clears hundreds of undelivered aircraft from its storage lots.
Bond yields may keep rising, but a significant driver of yields is done selling.
This is Advisor Perspectives' fourth consecutive year of ranking ahead of The Wall Street Journal and Bloomberg among the e-newsletters listed, with 14% more readership across the 1,120 financial advisors surveyed. Advisor Perspectives also claimed the number one spot for e-newsletters among the independent registered investment advisor (RIA) segment.
Acquisition of leading interactive publisher for RIAs, wealth managers and financial advisors advances VettaFi’s growth strategy, further powers the firm’s efforts to transform financial services from an industry to a community
There are early signs that US consumers, who have been largely resilient in the face of relentless inflation, are beginning to balk at high prices.
Investors are facing a make-or-break week for some of Wall Street’s most influential tech stocks in a historic year for the group marked by a plunge into bear market territory.
This year has brought a lot of innovation in artificial intelligence, which I have tried to keep up with, but too many people still do not appreciate the import of what is to come. I commonly hear comments such as, “Those are cool images, graphic designers will work with that,” or, “GPT-3 is cool, it will be easier to cheat on term papers.” And then they end by saying: “But it won’t change my life.”
Politicians hate them, the tax collector is coming for them, and credit-market Cassandras say now is not the time to be blowing through discretionary cash.
Student loans haven’t delivered their promise of a middle-class life for millions of Americans, and the US system of financing higher education via individual borrowing is making inequalities in the country worse, according to a new study.
A US recession is not a “done deal” thanks to a relatively resilient labor and credit market, while Wall Street has already priced in a high degree of interest-rate risk, according to Mohamed El-Erian, chief economic adviser at Allianz SE.
I’ll be the first to say that the RIA model is not for everyone.
I cannot emphasize enough the importance of including a conversion page in a site build.
We explore what Warren Buffett did during the last period of extended inflation in the U.S., the 1970s.
Dietrich spent the previous 15+ years in senior business development roles with Morningstar and brings extensive experience in indexing and direct indexing across the asset management and wealth spaces
Here are some of my daily news sources and how they are rated for political category/factual accuracy, starting with those that are least biased and most factual.
Clients often assume that their need for life insurance ends when they stop working. I spoke with Neil Drzewiecki, the head of life products for MassMutual Life Insurance Company, about how whole-life insurance can play an important role in your client's retirement income strategy.
Assets have flowed mightily into ESG funds, and new research shows that many corporations have changed their behavior, with benefits accruing to society at large.
I built a 4.36% real (inflation-adjusted) systematic withdrawal portfolio using a 30-Year TIPS ladder.
Life Insurance Awareness Month just wrapped up in September. It’s a good time to dispel some common myths around this important financial product.
Is it time to move beyond I bonds?
Tesla Inc. shares fell to the lowest since June of last year after the carmaker lowered prices across its lineup in China, where competitive and economic pressures are intensifying.
After a record surge in housing costs and ballooning expenses for everything from food to energy, America’s renters have had enough.
An escalating dispute over an OPEC+ decision to cut oil production risks causing lasting damage to political relations between the US and Saudi Arabia. Wall Street seems unfazed.
