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Companies that support LGBTQ-inclusive policies outperform: Credit Suisse
PRACTICE MANAGEMENT DEC 01, 2020
Companies that support LGBTQ-inclusive policies outperform: Credit Suisse

These companies more easily attract and retain talent, according to analysts

Hottest debate on Wall Street is Bitcoin versus gold
ALTERNATIVES DEC 01, 2020
Hottest debate on Wall Street is Bitcoin versus gold

Bitcoin shot to a record just as billions of dollars have fled gold, renewing arguments about whether the digital currency can rival gold as an inflation hedge

Nasdaq plans to require more diversity on listed company boards
REGULATION, LEGAL & COMPLIANCE DEC 01, 2020
Nasdaq plans to require more diversity on listed company boards

Under the proposed rules, most companies on the U.S. exchange would have to have one woman director and one who is minority or LGBTQ

S&P to buy IHS Markit for $39 billion
RIA NEWS NOV 30, 2020
S&P to buy IHS Markit for $39 billion

The deal accelerates the wave of consolidation among the finance industry’s biggest data providers

Tesla FOMO puts focus on direct indexing
RIA NEWS NOV 30, 2020
Tesla FOMO puts focus on direct indexing

The electric car maker is about to join the S&P, but investors in S&P 500 index funds have missed a huge rally in the company’s shares

Gig workers could get stock under SEC proposal
PRACTICE MANAGEMENT NOV 25, 2020
Gig workers could get stock under SEC proposal

Plan would allow drivers, people who deliver food and other gig workers to receive up to 15% of their compensation in shares

Back-to-normal rally drives Dow above 30,000 for first time
EQUITIES NOV 24, 2020
Back-to-normal rally drives Dow above 30,000 for first time

Gains reflect hopes that vaccines and a peaceful presidential transition could give the economy a boost

Janet Yellen at Treasury signals Biden's focus on boosting economy
REGULATION, LEGAL & COMPLIANCE NOV 24, 2020
Janet Yellen at Treasury signals Biden's focus on boosting economy

As Treasury secretary, the former Federal Reserve chair is expected to support expansionary government spending

60/40 portfolio confounds critics with another big year
RIA NEWS NOV 23, 2020
60/40 portfolio confounds critics with another big year

Despite all the doubts, a 60/40 U.S. portfolio is up 13% year-to-date

JPMorgan says rebalancing could mean $300 billion exits stocks
EQUITIES NOV 23, 2020
JPMorgan says rebalancing could mean $300 billion exits stocks

The strong equity performance so far this month means large investors like balanced mutual funds may need to shift money into bonds before year-end