Battered in the June selloff that sent American equities into a bear market, chipmaker stocks are staging a stunning rebound this month.
Indonesia’s central bank is on track to issue its own digital currency for banks to use, while considering ways to ensure it would be exchangeable across borders.
Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike next week, economists surveyed by Bloomberg said.
Tesla Inc. sold a significant chunk of its Bitcoin holding, an investment that helped legitimize the world’s largest electronic currency.
The purpose of this article is to teach you how I think, not what I think.
Ford Motor Co. says it has secured enough battery supply to build more than half a million electric vehicles annually by late next year, a quantum leap above the 27,140 battery-powered cars it sold in the US last year.
Blackstone Inc., the world’s largest alternative-asset manager, cashed out of big deals in the second quarter, mitigating the sting from writedowns on investments and the tumult rippling through markets.
What is Warren Buffett doing with Berkshire Hathaway Inc.’s $8 billion stake in BYD Co.?
Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this week ahead of the Japanese machinery maker’s earnings report.
We all know that the world as a whole suffered from a pandemic, and is now suffering inflation in its aftermath. But the ECB has to deal with three pressures that don’t affect the Federal Reserve.
Amazon.com Inc. announced it would buy primary-care company One Medical for $18 a share, the latest move by the e-commerce giant to muscle into the healthcare market.
More Americans are relocating to Europe, driven across the Atlantic by the rising cost of living, inflated house prices, a surging dollar and political rancor at home.
One is here already. The other is lurking right around the corner. Which should worry investors more?
As the big banks unveiled second-quarter earnings, investors heard a common refrain: “we’re increasing provisions for client loan defaults.
Several important macroeconomic questions are puzzling economists, the Federal Reserve and everyone else. Why is inflation running so hot?
Sales of previously owned US homes fell in June to a two-year low as a surge in borrowing costs continues to erode affordability.
US price inflation is at 9.1% and a there is a fiercely strong dollar, a pair of statistics that was certainly unexpected a year ago and even now seems odd.
People are negative. Really, really negative. Now, the question is whether that could conceivably be a good thing.
Most people budget not for true emergencies — which are, thankfully, rare — but for what we might call predictable surprises.
I assume that we know when we are engaged in efforts to mislead. But what if that premise is false? What if we believe our lies?
After publishing the 50th episode of my podcast, I’ve boiled down countless hours of information into the 10 ideas and insights every advisor needs to know:
Determining which healthcare services are best for you, your family, or a client, is challenging. Here’s a look at three options and some information on when they are most useful.
The issue is that John is very involved in politics in our community and his political leanings are the total opposite of the rest of the family and of mine.
Valuations help investors gauge the downside risk and upside potential in a stock or market. At the same time, assessing liquidity conditions, including technical analysis, defining short term trends help with investment timing and asset selection.
A rally in cryptocurrencies Tuesday took Bitcoin out of a one-month-old trading range and ignited big jumps in smaller tokens commonly referred to as altcoins.
Twitter Inc. can fast-track its lawsuit against billionaire Elon Musk over his canceled $44 billion buyout of the social media platform.
Last month I advised abandoning stocks and bonds in favor of inflation-protected alternatives. That hasn’t worked out. I have not changed my mind. Interest rates will increase and cause losses in stock and bond markets.
New US home construction fell in June to the lowest since September after plunging the prior month, driven by a slide in single-family homebuilding that underscores waning demand.
Netflix Inc.’s stock has looked cheap for months and yet buyers discovered to their dismay that it just kept getting cheaper.
Working-from-home is so well established that it has its own acronym (WFH) and, presumably, its own syndrome. But what happens if you can’t abide the idea of even two days a week in the office?
There’s no doubt what Monday’s biggest market news was in New York.
The U.S. dollar has appreciated against every Group of 10 currency this year.
I am not a practice management guru, but the value proposition I provide parallels the value being provided by advisors. Many don’t give themselves credit for the value they’re providing.
Most advisory firms that specialize in wealth management use three technology platforms: financial planning software, portfolio accounting software, and a CRM software. Let's take a closer look at the functionalities and costs of each.
Many advisors worry about justifying their fees. Here we flip the script so that you become the most expensive (and sought after) advisor in town.
A researcher recently asked me that question. I had a bit of a struggle answering, in part because I write and talk a lot about what financial wellbeing is not.
The “Bullwhip Effect” has gotten the media’s attention as of late. However, the causes, effects, and consequences to the market and monetary policy are not well discussed.
Goldman Sachs Group Inc.’s traders countered the industry’s underwriting slump with revenue gains that raced past analysts’ estimates.
We woke the beast, and now we may have to learn to live with it.
It’s been an expensive summer with the cost of travel, and just about everything else, going through the roof. Now consumers are cutting back on their flights.
Some of the largest US landlords have pulled back on purchases of single-family rental homes, as rising financing costs and high home prices push property funds to ease away from the shifting housing market.
Oil resumed trading above $100 after the Saudis declined to make any promises regarding future output increases
US economic productivity during the pandemic was driven entirely by firms with remote work capacity, according to a new study co-authored by Robert Gordon of Northwestern University.
FINRA interprets “financial advisor” as being usable (on business cards and elsewhere) by any financial professional who holds an RIA affiliation, whether or not the relationship with the client is in fact an advisory one.
None of us can control markets, but it’s critical that our clients know how they have performed relative to appropriate benchmarks.
New research measures of how market participants perceive a company’s exposures to climate change, based on earnings calls.
To be an uncomparable financial advisor, you need a marketing message that is simple, clear, and repeated often. Here’s a framework for creating your message.
Wall Street and European investment banks have an acute sense of buyer’s remorse.
A vicious six-month repricing has rattled investor nerves but has done little to make the US stock market cheap.
If everyone feels so miserable, why do they seem to be out having a good time?
