There needs to be a healthy working relationship between the powers screaming 'Now!' and those saying, 'Not so fast!'
Despite all the conversation and consternation on Wall Street, the Fed has not moved interest rates since last July.
Cerulli’s study revealed approximately one-third of IBD advisors (32%) have considered opening an RIA in the past year.
The "Mag 7" collectively represent a weighting of more than 27% of the S&P 500, so they will have an outsized impact on the broader market whatever they do.
So far in 2024 the rise in the 10-year Treasury yield has not significantly impinged on the market’s bullish behavior.
"Interest rates have skyrocketed in the last 24 months and because of that, you're seeing more and more distress,” said one fund manager.
Derivative income funds totaled more than $84.6 billion in assets in March, up from $53.6 billion the prior year and $5.1 billion a decade ago.
"They don't understand how Bitcoin has an enhanced Sharpe ratio and benefits overall volatility in a portfolio."
Gold has been shining this year, but there are other precious metals that advisors may want to consider adding to portfolios.
Demand for office space is down as employees that were coming in five days a week are now coming in only three or four days.