U.S. stocks slumped the most in 17 months on Monday, but the “buy the dip” mentality isn’t dead in the U.S. — and stock analysts are part of the reason it’s likely to stick around awhile. Research on individual stocks is as bullish as it has been in two decades by some measures.
If you want to know what stagflation looks like, check out the housing market. The conditions that existed during the 1970's — high inflation and stagnant output — are happening already in this segment of the U.S. economy, illustrating the challenges ahead for consumers, industry players and the Federal Reserve.
Javelin and Stinger missiles, Molotov cocktails and now…crypto war bonds. To support its life-or-death struggle against Russia, Ukraine is seeking to tap the rapidly expanding potential of cryptocurrencies. If it succeeds, other nations facing dire circumstances may follow.
Many U.S. drivers, stung by record gasoline prices, say they’d pay even more if it would end Russia’s war in Ukraine. That doesn’t mean they’re happy about it.
In a world where change is needed for growth and success, paraplanners have become a valuable resource for the financial planning profession.
As a financial planner, it’s your job to help the client understand why certain investment steps are in their best interest when their intuition may be telling them otherwise.
I am interested in any guidelines on paying and compensating my assistants.
My wife and I have downsized. We sold a large condo in a high-rise building and are moving to a much smaller house in a nearby community. The process taught me a lot about financial planning.
This article outlines the necessary requirements to establish a Nevada family trust company and examines the core features and benefits it offers clients.
Your firm would take off if you could replicate yourself. The problem: You can’t.
Advisors who avoid the TAMP space based on misguided preconceptions are missing out on the powerful competitive advantages they create.
This year, the theme for International Women's Day is #BreakTheBias. This theme celebrates the achievements that women have made, takes action for equality, and raises awareness against bias. What better way to honor the holiday than to examine how women are breaking down barriers in the financial services industry?
The rapid rise in housing prices since the pandemic has fueled fear among Americans already faced with the worst inflation in the last 40 years. The fear of inflation is genuine, but housing prices have nothing to do with it. The Bureau of Labor and Statistics (BLS) incorrectly calculates housing as a component of inflation.
Wall Street analysts have a spotty history of calculating how geopolitical risks will weigh on the earnings and stock prices of the companies they cover. And that was before Russia invaded Ukraine.
Even before Russia invaded Ukraine the economy felt pretty dicey. There was inflation, a weird post-pandemic job market, and the prospect of a more hawkish Fed. Now markets are even more volatile as sanctions roil the global outlook. For anyone counting the days until retirement, it's been a harrowing ride.
When it comes to the Federal Reserve and monetary policy, there are no shortages of talking heads who say the central bank can’t raise interest rates too much or else it would trigger a “debt bomb.”
Corporate pledges to direct more dollars to Black-owned businesses after the 2020 murder of George Floyd have resulted in a refreshed mix of products at big-name stores.
Oil had its biggest daily swing ever, surging to near $140 before pulling back sharply, on the prospect of even tighter supplies after the U.S. said it was considering a ban on Russian crude imports.
Netflix, TikTok, Samsung and credit card operators have joined the lengthening list of businesses cutting ties with Russia or reviewing their operations in the country as reputational and financial risks mount.
This is the first part of a new series on investment analytics in the wealth management industry and how advisors are using analytics to communicate with clients and prospects. We will look at some of the more popular analytics and go over what they are, their good points, and their potential pitfalls.
The one future that neither public polling nor commentary is expecting is an American political economy in which the incomes of non-rich Americans will grow rapidly and that growth is paid, in large part, by a tariff on the returns to private capital in the U.S.
New data on consumer preferences and behaviors during COVID shows that the advisory firms face daunting challenges with respect to staffing, differentiation and – if they are private-equity backed – financing and maintaining profitability.
The 60/40 stock/bond allocation is ubiquitous, but that’s stupid because it’s just not right for everyone, especially baby boomers.
In this interview, Peter Essele, vice president, investment management and research, at Commonwealth Financial Network, explains why investors should view the volatility created by the pandemic and geopolitical events as an opportunity to add risk to their portfolios.
Given the war in the Ukraine, I thought it would be helpful to provide insights for advisors and investors to think about risk and what if any actions should be considered.
Just as 9/11 dramatically changed the flow of history, resulting in two wars and hundreds of thousands of deaths and millions of lives ruined, so too will Putin’s invasion of Ukraine. We are seeing only the first effects and getting glimpses of second-order effects. The broad third-order effects will not be visible for a long time, though they’ll be obvious in hindsight.
Fiscal spending is normalizing quickly, and the Fed is warning investors it is ready to remove the stimulus. Such a reversal of monetary and fiscal liquidity does not guarantee a reversal of asset prices, but the odds of a bear market are increasing.
Understanding how reverse mortgages can add value in retirement planning requires an understanding about the peculiarities of sequence-of-return risk that the reverse mortgage can help to manage.
Investors with short-term goals — such as buying a house in the next five years or paying college tuition — are generally advised against putting their funds in the stock market, since there might not be enough time for a portfolio to recover after a market sell-off. If you do have a significant chunk of your short-term savings in equities, you should be reviewing them with a view towards minimizing risk.
The live-streaming of Ukrainians' suffering as Russia wages an unprovoked war on the country has outraged much of the world. Governments are leveling devastating financial sanctions on President Vladimir Putin for his aggression, and many Americans are looking for ways to do their part.
The hottest inflation in four decades has prompted some employers to open the spigot on pay, but plenty still won’t budge -- leaving workers in the lurch with a pay cut.
When Russia began its invasion of Ukraine, cryptocurrency fans appeared to be trapped in a decadent fantasy. A batch of CryptoPunk NFTs (blockchain collectibles) had just been yanked from auction at Sotheby’s amid fading enthusiasm and a broader market sell-off.
In his State of the Union address last night, President Joe Biden told Americans that he had a realistic plan for bringing down inflation. The agenda he laid out, however, has little chance of doing so.
The rush into Treasuries sparked by Russia’s war in Ukraine has exposed fresh signs of weakness in the world’s biggest bond market, adding to pressure on U.S. regulators to detail a reform plan.
Eight days before Russia invaded Ukraine, I wrote an article saying there would be no war. I was certain of it. I was wrong. How could I get it so wrong? The more you knew about the situation, the more likely you were to get it wrong.
Recently, an advisor invited me to a Zoom conference where he demonstrated how he does precisely that. The prospect gave his permission for me to attend. Subsequently, I also observed the second meeting.
Help your clients see beyond the weekly budget. Help them enjoy the things they want and need.
Advisors need to understand how crypto markets work and how to make crypto part of a balanced portfolio to take advantage of this opportunity.
My father is about to celebrate a very big birthday. He retired at 60 and has been retired for 40 years. It makes me realize how very narrow minded we are in our profession about the way we speak about retirement.
The war bonds pay 11%, even higher than the ultra-popular U.S. inflation-protected debt that earns 7.12%. But unlike those American savings bonds, Ukraine’s debt comes with significant risk as Russia proceeds with its invasion of the country. Some retail investors are willing to take on that risk — and earn that double-digit payout — but right now that’s easier said than done.
With oil costing more than $100 a barrel, and Russia’s war in Ukraine underscoring the risk of relying on fossil fuel, it would seem like a great time to speed up the transition away from the polluting fuel. The reality isn’t so simple.
The same morning Russia invaded Ukraine, the people running the Church of England’s $5 billion pension fund decided they’d seen enough, and quickly went to work to clear their portfolio of Russian investments.
The bond market is dialing back expectations for how quickly and steeply the Federal Reserve will raise interest rates as Russia’s war in Ukraine threatens to exert a drag on global economic growth.
Something still feels broken in the labor market. There are many jobs and wages are up. But there is also a sense of uncertainty and misery. Service jobs can be grueling, and despite recent growth, people’s wages over the course of their careers aren’t increasing as fast as they once did — especially when you account for inflation. And every day brings more technology that might one day take your job.
Global commodity markets surged to multiyear highs on Wednesday after traders backed away from Russia, sparking anxiety that supply will fall short in everything from wheat to natural gas.
ICYMI: In this roundup, we’re highlighting the five most popular pieces of content from the previous week.
Those intending to shame or attack "the rich" commonly make an absurd comparison when they lump together "millionaires and billionaires."
We have announced our Venerated Voices awards, representing the most-read market commentaries, authors and firms.
U.S. politicians from New York to California are calling for public pensions to shed hundreds of millions of dollars in investments tied to Russia. So far, the retirement funds aren’t moving quickly to divest. In many cases, they can’t.
Another firm has jumped into the race to deliver the first U.S. exchange-traded funds that would allow investors to make leveraged bets on a single stock.
