Bonds rallied for a second day as traders bet an aggressive streak of global interest-rate hikes is close to ending, bolstered by optimism that inflation in the world’s biggest economy will continue to slow.
With the S&P 500 up 25% in nine months and sitting at its best level since April 2022, people want to know: is an all-time high next? John Flood, a partner at Goldman Sachs Group Inc., thinks so.
The bond market’s re-energized bulls may want to dial down their excitement because their fortunes hinge on whether an abstract, almost elusive number, is as low as they assume.
The dollar has defied predictions of a prolonged slump since at least the beginning of the year but top money managers say it’s now on borrowed time as US exceptionalism wanes.
Call me superstitious or contrarian — or maybe just a procrastinator — but I only started worrying about a recession last week.
It seems fitting that one of Google’s most important inventions — one that would come back to haunt the company — was initially devised over lunch.
Silicon Valley venture capitalists are racing to get into artificial intelligence companies — including investors who once bet big on crypto.
Here are four productivity pitfalls that we’re all guilty of and insightful ways you can climb out of them.
I’m always stunned by how very smart people can struggle with ways to communicate clearly and effectively so the audience knows what’s being shared.
You can now create engaging videos using AI and use them to publicize your blogs and firm.
It will be increasingly important to consider the best ways to connect with and support Gen Z as they make some of their biggest financial decisions.
One way to deal with the current global economic uncertainty is to search for consistent and reliable indicators to help you navigate the chaos. Another way is to focus on some time-honored verities about savings and human capital.
When New York Governor Kathy Hochul introduced a plan to build 800,000 housing units over the next decade, opponents immediately conjured up worst-case scenarios.
Everyone can stop all the hand-wringing over the “over-concentration” of the Nasdaq 100: The index provider is doing something about it, as expected, in a sign that the system is working as intended after all.
Schwab Asset Management is seeking to draw investors to its high-yield bond exchange-traded fund with one of the lowest fees in the industry, even as rising rates and default fears rattle the asset class.
Wall Street is finding ways to trade the “special rebalance” of the Nasdaq 100 as the overconcentration of mega-cap firms breaches an upper limit in the tech-heavy gauge. They’re investing in QQQE.
Investors will not be willing to pay an above-average valuation for what will seem like below-average profit growth.
Cathie Wood’s Ark Investment Management LLC pared its holding of Coinbase Global Inc. for the first time in almost a year on Tuesday.
Wall Street is divided on whether a new bull market has begun, and it's easy to see why based on the divergent performance of the major U.S. indices.
When it comes to working with CPAs, you’re a little too Felix and they’re a little too Oscar. But how can you make it work for the benefit of your clients?
Why can’t your staff just do their job on their own without you having to look over their shoulder?
Business bankruptcies are surging around the world, in some countries reaching volumes not seen since the aftermath of the 2008 financial crisis.
To your prospects, titles are ubiquitous, to be expected, no big deal – they have little power in their decision-making process.
The driving force of fintech and our increasingly cashless society has been making payments easier, and faster, everywhere.
Standard Chartered is ramping up its bullish Bitcoin prediction, targeting as much as $120,000 by the end of 2024 — almost quadruple the current price — as increasingly cash-rich miners reduce sales of the token.
Investors are once again flocking to the certainty — and relatively high yields — of cash as conviction grows that the Federal Reserve will continue raising interest rates.
BlackRock Inc. expects the model-portfolio realm of money management to grow to a $10-trillion business over the next five years.
America’s biggest tech companies have become too large even for the stock index tracking America’s biggest tech companies.
Our money scripts have an impact on the way we think about final expenses for our loved ones and ourselves.
You may be able to add up to 200 basis points of excess return when a fund’s handicaps are applied as supplemental assessment to Morningstar gold-rated funds.
There are days when our trade press is even more misleading than the consumer rags.
Investors seeking higher yields and relatively low risk, and are willing to sacrifice liquidity, will find attractive opportunities in interval funds that invest in senior-secured, sponsored middle-market loans.
We have announced our Venerated Voices™ awards for commentaries published in Q2 2023.
A strategy of stripping China out of emerging-market portfolios is fast gaining traction as stock managers seek to reduce the risk of investing in a country that faces unique policy and geopolitical headwinds.
A pair of exchange-traded funds tracking corporate credit saw a nearly $2 billion flight after data underscoring jobs strength solidified bets the Federal Reserve will resume its interest-rate hikes.
I discuss recent regime changes and reveal findings from the SPIVA scorecard and Morningstar’s U.S. Active/Passive Barometer.
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission that the central bank was blindsided by the impact of shrinking its balance sheet four years ago.
The world’s sovereign investors are seeking to boost investment in bonds as yields rise, while a freeze on Russian assets has increased their demand for gold, Invesco Ltd. said in an annual report.
There's more pain on the way for the S&P 500 as profit warnings and fears of higher interest rates combine to threaten the key US stock indicator, according to the latest Markets Live Pulse survey.
A year ago this week, the US government told us that inflation as measured by the Consumer Price Index soared to 9.06% in June 2022 from a year earlier, the highest reading since 1981.
US job gains moderated in June while wage growth remained firm, showing a strong enough labor market to keep the Federal Reserve on track to raise interest rates this month.
The cognoscenti may have been too quick to declare the end of the Great Resignation.
Corporate credit has failed to live up to lofty expectations of double-digit returns so far this year, fueling a string of bearish bets into the second half of 2023.
US Treasury Secretary Janet Yellen said competition between the world’s biggest economies is not a “winner-take-all” situation and called for both sides to manage their rivalry with a fair set of rules.
The old tech mantra of “move fast and break things” had long been one of the guiding principles of the cryptocurrency movement. The only problem: Too many things broke, leaving a string of high-profile bankruptcies and criminal prosecutions in its wake.
BlackRock Inc. has a nearly perfect track record when it comes to filing for and launching exchange-traded funds, which is spurring hopes that its try for a Bitcoin ETF might also get regulatory approval after years of rejections.
Bond investors are bracing for fresh signs of strength in the US labor market on Friday after Treasuries tanked on fears the Federal Reserve will hike interest rates higher than previously assumed.
A Biden administration official recently described the philosophy of Bidenomics as caring less about the growth rate of the economy than about growth being widely shared.
One of the discouraging things about working in cryptocurrencies is that almost all the outside focus is on price changes and the resulting fortunes won and lost. Since the most insubstantial assets have the greatest price volatility, this can lead casual observers to think crypto is all froth and nonsense.
Money is getting faster. Regulators need to adapt.
