For stock-picking hedge funds coping with 2023’s loopy markets, risks are starting to outweigh the rewards.

If you answer “yes” to any of the following questions, you might be caught up in toxic positivity.

Families can meaningfully improve returns in the public equity markets by thinking thematically and extending the duration of their ideas.

While the equity allocation of portfolios should increase for longer investment horizons, the adjustment should be less than implied by the historical evidence, and it should be based on each investor’s unique situation and preferences.

Many advisors are using longevity assumptions that are less conservative than they think.

Starting valuations are the most reliable predictor of equity returns. But they are far from reliable, and investors must use those forecasts cautiously.

When it comes to measuring the progress of Mark Zuckerberg’s metaverse, big numbers have been in short supply. Only 20 million of his Quest virtual reality headsets have sold since 2019.

With the Federal Reserve nearing the end of its most disruptive monetary-tightening campaign in a generation, a softening US dollar is poised to boost profit growth for nearly half of the companies in the S&P 500 Index over the next year.

US stock market traders are almost completely fearless now, which has some strategists bracing for a possible selloff.

Investors on Wall Street and beyond are betting that the great tech rally of 2023 has staying power, even as they appear skeptical that the artificial intelligence era will live up to the hype.

US equities are tracking the same path they did in 2019, which was one of the best years for the S&P 500 over the past decade as it handed investors a 29% return, according to Morgan Stanley’s staunch bear, Michael Wilson.

All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom and gloom that underpinned it — looked right.

As Bitcoin roars back after a year of crypto industry scandals and losses, Mike Novogratz says one man, in particular, gives him reason to stay bullish.

Federal Reserve Chair Jerome Powell on Wednesday appeared to give traders the positive signal they’ve been waiting for — that the central bank may finally be wrapping up its steepest interest-rate hikes since the early 1980s.

There is one incredibly potent tool that keeps employees engaged and productive.

Big US banks will have to clear significantly higher capital hurdles under long-awaited proposals announced by regulators Thursday. The good news for investors is that most of them are already there — and the few that aren’t should easily meet the tougher demands well before they need to.

The US economy expanded at a 2.4% annual pace in the second quarter, crushing consensus expectations and driving another stake into the 2023 recession narrative.

The frenzy over artificial intelligence-linked stocks has gone too far but won’t die down just yet, according to Bank of America Corp. strategists led by Michael Hartnett.

Key US inflation measures continued to cool and consumer spending picked up in June, adding to momentum in the economy ahead of the third quarter.

Sixteen months after the Federal Reserve began its most aggressive rate-hike cycle in decades, markets are breathing a sigh of relief that the central bank — at long last — may finally be done.

Municipal exchange-traded funds, still a relatively new and small part of the $4 trillion state and local debt market, have seen growth stall dramatically after record inflows last year as the shift away from mutual funds slowed.

Don’t fear the Fed’s 25-basis-point rate hike on Wednesday, according to Jeremy Siegel. Given the strength of the economy and low unemployment, he said stocks can withstand higher rates.

Calling your business a burning platform is, in most cases, a stupid thing to do. The idea is to scare staff into performing better and prepare an underperforming organization for painful layoffs. But it can just make things worse.

While on the surface its argument is about the principle of copyright, what the clash reveals is just how little we know about the data behind breakthrough tech like ChatGPT.

To stand a chance of winning in this market, stock pickers need big tech exposure. Not all of them can get it.

Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year as the Federal Reserve cuts interest rates to bolster a slowing US economy, according to Jupiter Asset Management.

A stellar year for JPMorgan Asset Management is proving to be an unusually tepid one for the world’s largest asset manager BlackRock Inc., shaking up the leaderboard in the $7.6 trillion US exchange-traded fund industry.

The Fed and government can ill afford to maintain today’s interest rates.

In what was a brutal 2022 for investors, there was at least one sure-fire, money-making proposition for much of the year.

Wealth managers must understand their clients' online behavior. Though we know them in some ways, we cannot assume their online behavior mimics what we know about them from past interactions.

Howard Marks’ classic investing book The Most Important Thing has more nuggets of wisdom than I can count, but my personal favorites are his reflections on the futility of forecasting.

Without situational coaching, young advisors are unprepared when the conversation goes off script.

From China comes a discouraging new language. Leaders described their faltering economy as showing a “wavy pattern” with “bumps during progress.” Put politely, the message is that the country won't provide the lift for the global economy that was widely anticipated six months ago.

Signs of abating inflation have lifted the spirits of investors, the White House and the general public this month. While a welcome relief, inflation tends to be a lagging rather than a leading economic indicator.

There’s another side to power, reflecting a more nuanced view. It can improve communication, convert more prospects and deepen relationships with existing clients.

Markets should brace for a deep US recession that warrants a dramatic one percentage-point interest-rate cut by the Federal Reserve, warned DoubleLine Capital’s Jeffrey Sherman.

BlackRock Inc. is poised to become a bigger buyer of assets that banks unload to improve their capital and liquidity, after concluding that the industry faces years of upheaval brought on by high-interest rates, stringent new regulations and possible consolidation.

The likeliest outcome of Wednesday’s Federal Reserve announcement is also one that is apt to lift stocks, JPMorgan Chase & Co.’s trading desk says.

TCW Group, the asset manager with a long history of managing bond funds, is expanding into exchange-traded funds with an agreement to buy an ETF business from activist investor Engine No. 1.

This column is devoted to what to do when striving to be a better communicator with a focus on how people inadvertently send the wrong message.

Information and knowledge has officially been democratized.

Investors should consider diversifying their credit exposure with asset-backed lending strategies, which offer a fixed income allocation, a potential inflation hedge, and downside protection with collateralized assets.

With so much opportunity for others to spread the word about you, are taking advantage of the chance to ask clients for introductions?

Here are seven of the most common myths and how advisors can respond.

Bets that artificial intelligence will revolutionize Corporate America and deliver riches to the biggest companies behind it will get a test Tuesday, as Microsoft Corp. and Alphabet Inc. report their first earnings since AI fever broke out.

I suppose you could say changing the Twitter bird logo to an “X” makes complete sense. As the recognized icon for “make it go away,” X just about sums up the achievements of Elon Musk’s social network so far.

The Fed needs to resolve this disagreement — by making clear that it’s committed to getting inflation all the way back down to the 2% target.

Bitcoin dropped below $29,000 for the first time in over a month as the recent exorbitance over ETFs and a more favorable regulatory outlook eases.

BlackRock Inc.’s Rick Rieder says US high-yield risk premiums are not wide enough to entice investors, and that there are other areas of credit to consider allocating to.

Last year’s plunge in the S&P 500 made uber bear Mike Wilson the most celebrated stock forecaster on Wall Street. It’s a role he has failed to reprise in 2023.