The spectacular underperformance of the FAANGs this year came as no surprise to investors familiar with the history of growth stock bubbles. As happened in the lead up to the dot com and Nifty 50 bubbles, P/E ratios increased without any material justification.
In the year's final quarter, there are several ways to help your clients and build trust. Here are four reasons to reach out to ensure you don’t miss prime opportunities to touch base with your clients.
One area that needs an investment of time and resources to improve the client experience is the onboarding process, wrought with paperwork.
Seasoned investors, staring at a world clouded by war, inflation and economic uncertainty, are buying catastrophe insurance at a record clip.
Federal Reserve Bank of St. Louis President James Bullard says he has become more supportive of a third straight 75 basis-point interest rate increase and Wall Street is underestimating the likelihood that the Fed will hold rates at higher levels next year.
Sales of bonds backed by debt associated with single-family rental housing has soared over the last two years, as rents climbed across the country.
The White House says the environmental impact of producing cryptocurrencies like Bitcoin could impede US efforts to combat climate change.
If 2021 was the breakthrough year for mRNA vaccines, then 2022 may be the breakthrough year for artificial intelligence.
Shortfalls in retirement savings have been widely regarded as a crisis of our times.
Tesla Inc. is plotting a potential lithium refinery on the gulf coast of Texas, a move that would bolster the company’s battery-production efforts and further expand its footprint in the state.
Normally, this section of Point of Return closes the newsletter. Not today. If there was ever a great survivor, it was Elizabeth II, who has passed away after seven decades as Queen of England.
Americans in their early 60s are pretty close to record labor-force participation, too. The big declines are all among those 65 and older.
Even fans of student debt relief will admit it doesn't solve the core problem of crushing higher education costs.
As more US workers start new jobs, they should take a closer look at their employers’ options for retirement savings. An underused account called a Roth 401(k) could help minimize taxes in the long run and multiply how much savers eventually have.
Three months after the Federal Reserve stopped reinvesting all of the maturing Treasury securities in its portfolio -- allowing $30 billion a month to run off -- its holdings of the debt ought to be lower by $90 billion.
The Federal Reserve’s battle to bring inflation under control will likely cause more harm to the US and world economy than is currently appreciated, according to a pair of papers set for presentation at a renowned economic conference this week.
General Motors Co. is ready to test both the mass market’s appetite for electric vehicles and its own strategy to provide them.
High prices and a tight labor market weighed on US economic prospects over the next year, though inflation showed signs of decelerating, the Federal Reserve said.
When the National Football League’s regular season kicks off Thursday, millions of fans will settle into their easy chairs to watch America’s biggest, richest sport. But a different, multibillion dollar match will unfold a week later.
Major corporations have made a one-way bet on renewable power: more of it, every year.
Global imbalances are growing ever more intense, and that’s visible most clearly in the incredible strength of the US dollar. It’s becoming quite extraordinary.
Could a disruptive cash crunch ensue, along the lines of what happened in money markets a few years ago?
Let me give you an example of what it truly means to serve a niche.
I explore consumer staple and discretionary companies to see how they are navigating the inflation storm.
We are frustrated by the lack of new clients this year.
I finally cracked the SEO code, but it wasn’t easy.
People on Wall Street console themselves over the relentless march of passive by downplaying its scale.
China’s export growth slowed more than expected in August and imports stagnated, a sign of a darkening global economic picture and weak domestic growth hit by Covid lockdowns and a property slump.
Prateek Bhardwaj broke out as a social media star on TikTok’s short-video platform, drawing in close to a million followers and a slew of big-brand endorsements. But he’s no longer on the app.
After spending much of 2022 playing defense, professional speculators are reasserting themselves with aggressive equity bets on both the short and long side.
You can’t randomly scroll on Twitter these days without running into predictions of an impending housing collapse.
Gold steadied after a two-day decline as traders eyed the soaring dollar and a surge in Treasury yields amid expectations of further monetary tightening by the Federal Reserve.
A new ESG product that JPMorgan Chase & Co. is about to start offering clients shows how rapidly perceptions are changing about the investment strategy.
Even as flows into environmental, social and governance ETFs are slowing, Emerge is introducing its first set of active sustainable ETFs with a twist -- each fund will be overseen by women.
What can a person do to mitigate the potential of becoming mired in a life-shattering financial crisis?
Why is the first-term governor of Florida the most visible opponent of Wall Street's fastest-growing and best-performing business?
After Labor Day, it's back to the office for Wall Street.
The high-desert mountain pass overlooking alfalfa fields and RV parks doesn’t look like a battleground that will shape the country’s clean energy future.
Former Enron Corp. trader Ulf Ek guided his Northlander Commodity Advisors LLP hedge fund to a 50% return this year, capping a series of gains among commodities-focused investors profiting from unprecedented turmoil in global energy markets.
A shift is underway at the Federal Reserve in how to describe neutral -- the interest-rate level that neither stimulates nor restrains growth -- as it debates how much higher to hike.
The cryptocurrency market appears by some measures to be poised to break out of the narrowest trading range in almost two years.
As US markets were closed to mark the Labor Day holiday, the dollar index surged to a new three-decade high.
First, seniors are clearly struggling from the rapid increase in prices. About half of older Americans said they had to spend emergency savings in the past 12 months...
Here are some ways to differentiate your family offices services.
There are typically two approaches that I take for promoting a podcast on an advisor’s website.
One of the common questions I get is how to convert a friend or acquaintance to a business prospect. Use this five-step process.
Do your clients include a senior retiree with looming debt and considering filing for bankruptcy? Here is a list of 14 financial resources that can help get their finances in order.
Some of the attacks on ESG in 2022 were merited.
Technology has made it possible for us to walk on the moon once again, yet academic research has failed to find a way to identify outperforming mutual funds. But a new study shows that may be possible.
Super-bubbles in the asset markets, the rise of populism, and inequality are among a host of societal problems caused by low interest rates, according to Edward Chancellor. He explains why in his provocative new book, The Price of Time.
