Goldman Sachs Makes Bigger Bet on $129 Billion Muni ETF Market
Advisor Perspectives
by Amanda Albright, Erin Hudson
10h ago
Goldman Sachs Asset Management is launching four new municipal-bond exchange-traded funds, adding to the $129 billion corner of the state and local government debt market ..read more
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Google’s $23 Billion Snub From Wiz Will Sting Them Both
Advisor Perspectives
by Parmy Olson
10h ago
Money talks, but even $23 billion didn’t convince the founders of Wiz Inc. to sell to Alphabet Inc ..read more
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Subsidize Solar and Wind Power, Not EVs
Advisor Perspectives
by Tyler Cowen
10h ago
Like it or not, the world is going to fall far short of meeting its current goals for reducing carbon emissions ..read more
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Want Good Value on a Home? Check Out San Francisco
Advisor Perspectives
by Conor Sen
10h ago
San Francisco has been the subject of a lot of negative press over the past several years. It was hit hard by the pandemic exodus from cities, the shift to work from home that emptied offices, the crime and homelessness that marred its national reputation, and pledges by corporate leaders such as Elon Musk to relocate their company headquarters elsewhere ..read more
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Jamie Dimon’s Crack at Shadowy Proxy Firms Is Resonating
Advisor Perspectives
by Chris Hughes
12h ago
Pressure is again mounting on the proxy advisory firms that recommend how investors should vote on executive pay and other corporate matters. Regulators need to remember who should be prioritized here — investors, not company management ..read more
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Treasuries Lead Global Bond Rally as Traders Bet Cuts Are Near
Advisor Perspectives
by Alice Gledhill
20h ago
US bonds rallied sharply as signs of a slowing economy and a recent stock-market rout fueled calls for quicker interest-rate cuts from the Federal Reserve, further juicing bets on a steeper yield curve ..read more
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Markets Tear Up the Popular Trades That Reached ‘Stupid Levels’
Advisor Perspectives
by Phil Serafino
20h ago
The assumptions that have driven this year’s global financial markets are being rapidly rethought ..read more
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Bitcoin, Ether Slide as Risk Aversion Spreads to Crypto Market
Advisor Perspectives
by Suvashree Ghosh, Ryan Weeks
20h ago
Ether, the second-largest token, paced a drop in digital assets following a slump in equities that spread unease in global markets ..read more
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$1 Trillion Rout Hits Nasdaq 100 Over AI Jitters in Worst Day Since 2022
Advisor Perspectives
by Jeran Wittenstein
20h ago
Investors soured on the promise of artificial intelligence Wednesday, sparking a $1 trillion rout in the Nasdaq 100 Index as questions swirled over just how long it will take for the substantial investments in the technology to pay off ..read more
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The Fed May Be Two Meetings Away From a Policy Mistake
Advisor Perspectives
by Mohamed A. El-Erian
20h ago
The US inflation rate, which had surged to over 9% two years ago, is now around 3%. Based on current trends, it should settle at 2.5%-3%, a range that most economists would deem consistent with financial stability, including a firm anchoring of inflationary expectations ..read more
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