All three major American stock indexes stormed to fresh all-time highs Thursday as Nvidia Corp.’s results rekindled faith that breakthroughs in artificial intelligence will boost profits and give stock prices further room to run.
With US valuations ostensibly high compared to global peers, many investors are asking themselves if now is the time to dip their toes into international equities. They’re asking the wrong question.
They call them the Seven Samurai. Analysts from Goldman Sachs Group Inc. caused a stir in Tokyo this week with a well-timed report highlighting a group of stocks that could serve as Japan’s equivalent of the Magnificent Seven that have come to dominate US equities.
Outside the Fontainebleau Hotel in Miami, Florida last week, dozens of drones moved slowly through the night sky, projecting the Bitcoin symbol far and wide above one of the largest ETF gatherings of the year.
To the casual observer, the backdrop to this year’s record-breaking stock rally has been one of epic calm in markets. To Wall Street’s math wizards, it’s been anything but.
Minutes from the Federal Reserve’s latest gathering show most officials remained more worried about the risk of cutting interest rates too soon than keeping them high for too long and damaging the economy.
Your choice is stark: Adapt to engage this emerging demographic or risk obsolescence.
Among the critical yet often overlooked aspects in planning are healthcare expenses. How are families addressing this, and what expertise do wealth advisors bring to the table?
Marketing is about people, and there are three categories of people that you are likely pushing away on a professional basis due to lack of perceived prospect value.
The world’s biggest miner BHP Group Ltd. grew powerful by building dominant positions in producing the minerals of the future. That makes the challenges it’s facing with two key clean-tech ingredients a sobering lesson for the energy transition.
“Sometimes I don’t even know why I am invited to the meeting, and even after it ends I don’t know why I was there!”
Capital One Financial Corp.’s $35 billion deal for rival credit card provider Discover Financial Services is more than an opportunistic move on a rival that had a lamentable 2023. The takeover reinforces the impression that corporate leaders are willing to take risks on big M&A again.
The $1.4 trillion US junk-bond market is getting junkier, as more debt gets either downgraded or elevated out of the high-yield universe altogether, leaving greater potential risks for investors.
Nvidia Corp.’s market-leading advance has left even the bulls questioning if an earnings beat will be enough to propel the AI chipmaker’s shares higher.
None of the Magnificent Seven companies existed in the heyday of the Nifty Fifty, but a unique valuation and narrative thread aligns the companies.
It’s been blamed for fueling stock volatility and dismissed as the latest case of market speculation gone too far.
The first step to finding high-quality prospects for your advisory practice, consistently and affordably, is not to go where everyone else is.
Your clients have their own sub language. The more you use their words, the more trust and rapport you will have.
Millions of people in the U.S. have a great offense when it comes to earning money that could provide them financial security. Yet it does not, because their defense in protecting and creating that security is gravely underperforming.
Financial markets have lately been intensely focused on the US Federal Reserve’s next moves: How soon will it start cutting interest rates, and how low will it take them this year?
Being bombarded by notifications interferes with your productivity. Here are the alerts you should skip and those notifications you can’t live without.
If you are among the 56% of US workers with a retirement plan, I have some bad news for you: Your 401(k) will be gone in 10 years, tops. Not the money, thank goodness — Americans have trillions of dollars in these accounts, and there is an entire industry built around them — but the plans themselves.
Investment banks including Goldman Sachs Group Inc. and Barclays Plc are striving to get a lucrative fee-making machine back in action.
Just months after setting a 2024 target for the S&P 500 Index, Goldman Sachs Group Inc. strategists have boosted their forecast for a second time, reflecting Wall Street’s optimistic outlook for earnings.
Going forward, we will increasingly hear the term “shared-service provider.”
Investors are beginning to war-game how the Federal Reserve can manage a US economy that just won’t land, with some even debating whether interest-rate hikes will be needed only weeks after a steady run of reductions appeared all but certain.
US new-home construction fell in January, indicating the recovery in the housing market will be gradual as many buyers await a further decline in mortgage rates.
The Federal Reserve will test banks’ abilities to withstand a broader array of hypothetical shocks this year after the collapse of multiple regional lenders.
US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season.
In the wreckage of China’s stock market meltdown, some traders are making long-shot bets that officials in Beijing can stoke a recovery.
It’s tempting to dismiss the response to Tuesday’s inflation data as an outsized reaction to a slight miss in numbers that are particularly vulnerable to seasonal noise. Yet the development is also indicative of deeper issues whose influence may well be with us for the next few months and quarters.
Tesla Inc. is a car manufacturer that pitches itself, very successfully, as a technology hothouse. So perhaps it will take the most tech-like step possible in 2024: Announce a big stock buyback.
More hedge funds are agreeing to conditions on their performance fees, reflecting a tougher environment for attracting investors to riskier strategies.
US banks are starting to ramp up purchases of everything from mortgage-backed securities to collateralized loan obligations after nearly two years of cutting back, adding fuel to a multi-month rally across credit markets.
Here are the three quantitative metrics that I focus on when evaluating an investment offering.
Bond traders are turning their attention to the latest reading on inflationary pressures in the US economy as concern mounts the recent selloff has further to run.
Beginning this year, the SECURE Act 2.0 allows owners of 529 plans to convert unused 529 funds to the beneficiary’s Roth IRA.
A new life insurance strategy, one that is funded by index-universal life, offers investors so many advantages it deserves to be enthusiastically embraced by the RIA community.
A 529 plan offers higher contribution limits as well as more flexibility when it comes transferability and your range of investment choices.
There are only two certainties in this world, so the saying goes — death and taxes. The macroeconomist might add recessions to that list. All three of them may well be inevitable, but maybe we can make each of them just a bit less bad.
As New York Community Bancorp Inc. scrambles to shore up its capital to deal with potential loan losses, analysts are watching to see if depositors pull their money.
Global money managers, desperate to avoid exposure to sliding Chinese markets, have fresh investing tools at their disposal as pessimism toward the world’s second-largest economy snowballs.
A slate of US economic data is about to put the loftiest Treasury yields this year to the test.
Nvidia Corp. co-founder Jensen Huang’s wealth has surged as a blistering rally in AI-related stocks pushed the chipmaker’s market value above Amazon.com Inc.’s for the first time.
I want to hear from you whether it is wrong to believe that numbers matter most and not everyone should try to be a psychologist with their clients.
Just know that involving money in the hunt for love limits your options and might eliminate potential partners who in many other ways could provide you with a meaningful and fulfilling relationship.
Very few advisors can comfortably recite their distinguishing characteristics and, of course, their clients can't either.
The latest consumer price index reading indicated that core prices — excluding volatile food and energy — rose 0.4% in January from a month earlier, exceeding the median economist forecast.
Warnings that the tech-fueled stock rally had gone too far had been ringing out for weeks. And for weeks, equity bulls pushed the likes of Nvidia Corp. higher, confident that artificial intelligence growth and an on-hold Federal Reserve would help justify nosebleed valuations.
The S&P 500 Index blew past a series of troubling markers in its relentless rally to 5,000. Now, after Tuesday’s rout, investors are staring at a potentially long way down before they find support.
