Investors are losing their ability to resist a stock rally that much of Wall Street is convinced is doomed.
Sometimes when volatility jolts financial markets, the safest trades can quickly morph into dangerous bets.
Capitalize on Google reviews to increase your firm’s visibility online, build social proof, and gain more business.
Resisting recency bias is the key to earning the premiums available from all risky assets, as this example illustrates.
Former Treasury Secretary Lawrence Summers rejected speculation that the dollar is rapidly losing its dominance in the global economy, and highlighted China’s detractions in providing an alternative reserve currency.
About a month ago, as Wall Street stared down the barrel of an incipient banking crisis, the investment world’s most-watched gauge of market volatility did a funny thing: It didn’t do much.
ChatGPT is the fastest growing app of all time, gaining more than 100 million users just two months after its launch in November. It allows users to have human-like conversations that include reasonable-sounding and often correct answers to all sorts of questions. Like humans, it can ask for more information and explain reasoning.
Big Tech earnings next week will offer investors a dose of reality following this year’s impressive gains in the sector that were powered by hype over artificial intelligence.
Many investors, including my clients, have been worried about their Schwab account safety. Are they right to be worried?
Bitcoin’s dominant showing in 2023 is leaving exchange-traded fund investors divided on what’s next for the world’s biggest cryptocurrency.
The top-performing advisors, the ones that are delivering the most value (as reflected by their income), are the advisors who are doing the most challenging things.
Procter & Gamble Co. and its peers have vowed to recapture profit margins that slipped during the pandemic. Now, investors are getting a chance to gauge their progress.
This year’s top US bond managers agree that Federal Reserve interest-rate cuts are inevitable this year. The main debate they see is how deep the economic pain gets.
The surprisingly resilient equity market is invigorating a time-honored options strategy, driving it to the best start of a year in two decades.
Artificial intelligence systems help us write essays, produce album art and translate languages. But the bigger impact from these technologies could be a shakeup of the entire software ecosystem, as a developers start to build their products around AI platforms instead of operating systems.
Homebuilders continue to finish homes faster than they’re starting new ones. Improved supply chains are allowing them to work through backlogs built up during the pandemic when they couldn’t keep up with demand.
Your prospect is not an expert and has no ability to judge whether you’re right for them based on the information you provide about their finances.
Four reasons, the rule of law, liquid financial markets, and economic and military might, all but guarantee the death of the dollar will not occur anytime soon.
Many advisors want to write or have an idea for a book stuck between their ears. They’re waiting for the time and inspiration to get it down on paper. So let me tell you a secret.
Apple Inc. is racing to build a trove of software and services for its upcoming mixed-reality headset, seeking to win over potentially wary consumers with apps that use the device’s novel 3D interface.
There was a time when investors would send money into Cathie Wood’s funds even when they were struggling. This year, even as ARK Investment Management roars back, the flows are notable by their absence.
Having presided over America’s first banking crisis since 2008, Federal Reserve officials are rightly focused on reforming regulation. That said, they should keep in mind some lessons for monetary policy, too.
AI provides a powerful tool for gaining valuable insights into user behavior, allowing you to make data-driven decisions that enhance client satisfaction and increase profitability.
I am not a fan of hiring a pure business-development person for an RIA for many reasons.
Here’s how to spend quality time with your family and support your team while out of the office.
The first wave of academic research applying ChatGPT to the world of finance is arriving — and judging by early results, the hype of the past few months is justified.
Nexus or Icebreaker? Two competing ideas are jostling for attention, each promising to reshape the inefficiency-ridden landscape of moving money from one country to another. Instead of trying to choose between them, central banks ought to give both a shot.
Disagreement is bubbling up at the Federal Reserve as dueling growth and inflation risks pull policymakers in different directions. If you think the debate seems fiery now, just wait until the third quarter, when recession may be at the nation’s doorstep.
BlackRock Inc. strategists are ditching the 60/40 portfolio in favor of public and private investments as well as tactical holdings of bonds to navigate higher interest rates.
If you're not creating valuable blog content, regularly posting it on your website and sharing it through social media, you are missing attention from countless potential clients.
Chat UX creates a natural-language interface to help us use software.
Here’s four digital tools to differentiate yourself from the competition and level up your marketing efforts.
The pace of failures has more than doubled in the $7 trillion exchange-traded fund industry so far this year, as volatile markets and fierce competition put pressure on issuers.
Two brutal weeks for banks have mostly scuttled hopes in markets that a US recession can be avoided. But a close read of the cross-asset landscape still finds investors unconvinced the stress portends a genuine financial crisis.
When Bitcoin plunged from around $30,000 to below $20,000 in little more than a week last year, Three Arrows Capital co-founder Su Zhu described the tailspin as the “nail in the coffin” for his hedge fund.
Why do 80% or more of Americans think the economy is bad and will get worse, while over 60% are satisfied with their financial situation?
We announced our Venerated Voices awards for commentaries published in Q1 2023.
With inflation easing around the world and many central banks nearing the end of their interest rate hikes, a growing chorus of investors say the best place for bond buyers to juice returns is in emerging markets.
There are a lot of dramatic and profound questions about AI, but some of the most important ones are mundane. For instance: Should AI agents, when they perform productive work, be required to pay taxes?
It’s well known that investors have a home bias — they prefer investing in companies in their home country — and US investors are no exception.
Special purpose acquisition companies (SPACs) impose costs that are subtle, opaque and poorly understood. New research shows just how much SPAC investors stand to lose.
One of the toughest dilemmas I wrestle with is whether to consider future tax liabilities from unrealized gains in the portfolio and taxes from withdrawing from traditional retirement accounts.
Keto diets are a proven regimen to reduce weight and foster a healthy lifestyle. The financial equivalent – the keto annuity – will drive successful outcomes for your female clients and build a stronger practice.
There was a downer vibe at the IMF/World Bank meetings this week. The World Bank Group told the international community to brace for low growth and the possibility of a lost decade. The International Monetary Fund warned of low growth and considerable downside financial risks on top of it.
Amazon.com Inc. is joining Microsoft Corp. and Google in the generative artificial intelligence race, announcing technology aimed at its cloud customers as well as a marketplace for AI tools from other companies.
Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China.
Kyle Bass has some advice for real estate investors: Tear it down. The founder of Dallas-based Hayman Capital Management says office buildings in cities need to be demolished because demand isn’t returning and it’s impractical to turn most towers into apartments.
Why should you do highly valuable work for free?
PE will remain a factor in the RIA space for years to come, but it’s not for everyone.
The race for the first leveraged Bitcoin exchange-traded fund is heating up as applications land amid a surge in cryptocurrency prices.
