If you’re an advisor for whom producing a detailed quarterly client letter is painful, step back and think about your own personal strengths – and what you enjoy doing.
The US Federal Reserve is under pressure to stop raising interest rates lest it plunge the entire world into recession. This concern is not unfounded.
Jamie Dimon says don’t be surprised if the S&P 500 loses another one-fifth of its value. While such a plunge would fray trader nerves and stress retirement accounts, history shows it wouldn’t require any major departures from past precedents to occur.
E-commerce stocks have struggled this year, and plenty of investors are doubtful the holiday shopping season will provide a catalyst to turn things around.
Allianz SE chief economic adviser Mohamed El-Erian said that aggressive monetary tightening by the Federal Reserve will not only damage the US economy, but will have an impact on the rest of the world.
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.
The Biden administration’s student debt forgiveness program isn’t yet open, but borrowers can now get a glimpse of the simple application that may bring them as much as $20,000 in relief.
Here are five steps female financial advisors should take when putting a continuity plan in place for their firm.
What will happen to the clients of advisors who don’t have a formal succession plan in place?
Millions of Americans are racing to file their 2021 federal taxes before time runs out.
Shares of semiconductor companies fell Monday, with the industry selling off globally after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concern that the industry’s downturn is far from over.
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.
Everywhere you turn, the biggest players in the $23.7 trillion US Treasuries market are in retreat.
You never know where the next crisis will arise but last week it came from a particularly unlikely place: defined-benefit pensions. The UK government bond market (gilts) went wild as rates spiked and pension funds failed to meet their margin calls.
The biggest puzzle in the US economy this year has been two straight quarters of negative real economic growth accompanied by booming job growth.
Federal Reserve officials have been getting an earful about the economic threat that the US central bank’s rapid monetary tightening presents to the rest of the world — complaints that will no doubt be amplified at this week’s meetings of the International Monetary Fund and the World Bank.
Let’s explore what may be going on emotionally for the partners in these unequal relationships.
According to Woody Brock, inflation will not fall back to the pre-COVID 2% level that the Fed wants. Two underlying structural changes will keep inflation at about 4.
As more advisors break away from broker-dealers and drop their series 6 or 7 registrations, the annuity industry has evolved to support and compensate them through RIA-friendly solutions.
A well-established problem facing investors with an environmental, social and governance (ESG) mandate is the wide divergence of ratings assigned to companies by different vendors. New research shows that those stocks with the greatest divergence had higher performance.
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.
Let's break down four guaranteed approaches you can implement to improve your client experience and increase your prospect conversions by creating exclusivity, setting client expectations from the beginning, sticking to your process of success, and practicing your interactions.
The fast money refused to join the crowd betting the Federal Reserve was about to make a friendly shift in monetary policy. It proved a prescient bet after Friday’s jobs report.
The world’s largest beef producer joined a chorus of Cassandras this week signaling the end of alternative meats.
A sizzling rally in global semiconductor stocks this week is starting to look illusory as a slew of disappointing earnings from major chipmakers pointed to a likely protracted downturn for the sector.
Walt Disney Co.’s ESPN is nearing a large new partnership with sports-betting firm DraftKings Inc., according to people familiar with the matter.
Morgan Stanley raised its price estimates for liquefied natural gas in 2023 and 2024, seeing Europe’s soaring demand for the fuel intensifying global competition for supplies.
“It’s better to burn out than to fade away,” Def Leppard sang in its hit song Rock of Ages. Maybe that’s good advice for a hair band, but for financial planners, not so much.
It’s an awkward question, because the last thing you want to do is defend or sell yourself against another advisor.
Booming demand for batteries powering the world’s shift into electric vehicles is rekindling US cobalt production after at least a 30-year hiatus.
US employers continued to hire at a solid pace last month and the jobless rate unexpectedly returned to a historic low, indicating a sturdy labor market that puts the inflation-focused Federal Reserve on course for another outsize interest-rate hike.
US equity earnings are behaving similarly to the run-up to previous recessions, tallying with multiple leading indicators showing the US is on track for an economic slump.
The recipe for making money if you’re a commodities trader is simple: buy natural resources in one place and time and sell them somewhere else later — hopefully making a buck by exploiting the difference.
If it feels like the winter holiday season starts earlier every year, that’s because it does.
Investors hoping that third quarter earnings will be strong enough to reverse this year’s steady selloff in technology stocks should brace for the prospect of weak company outlooks causing further pain.
To reach net-zero emissions by 2050 and limit global warming to 1.5C, investment in renewable energy sources needs to surpass finance flows to fossil fuels by a factor of four over the next decade, according to research from BloombergNEF.
Democracy is under attack, yet many Americans fail to see the threat, according to Seth Klarman. Leadership must come from the business community to respond to this challenge.
Dip buyers wagering that the era of central-bank hawkishness has peaked got a reminder Wednesday that they are playing a dangerous game.
Gold slipped as fresh data continued to paint a mixed picture of the US economy, clouding the outlook for the Federal Reserve’s interest-rate path.
Fidelity Investments and Vanguard announced a rare collaborative effort Wednesday to help employees keep their retirement savings in tax-advantaged accounts like 401(k)s when they switch jobs.
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.
The firestorm among UK pension funds is a wake-up call for their peers across the Atlantic. The end of an era of cheap money is exposing an industry that’s chronically underfunded and overexposed to market turbulence.
If one is watching CNBC to figure out where markets are headed, they will be better served looking to the bond market for direction.
Elon Musk’s sudden U-turn from months spent trying to get out of his agreement to buy Twitter isn’t sitting well with Tesla investors.
A $200 billion corner of the hedge funds industry dominated by computer-driven algorithms has been making the most of wild swings in global markets, putting many of those funds on course for a record year of gains.
Elon Musk is reviving his original $54.20 takeover bid for Twitter Inc., perhaps because he doesn’t want to go through a legal process that divulges more embarrassing text messages.
Ray Dalio has changed his mind on cash.
Kids are expensive. Full stop. No matter your level of frugality, it's certainly costlier to have kids than to opt to be child-free.
The causes of inflation can be hard to isolate, but in the US at least, one culprit is clear: President Joe Biden and congressional Democrats spent too much in the last two years, and even now refuse to take steps that would ease the problem.
As student borrowers get set to apply for federal loan forgiveness, some of them are also considering for the first time homeownership and other major milestones as they embark on new lives without the specter of debt hanging over them.
