Crypto
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Your tax return can tell you a lot about how to manage your investments
After last year’s disruptive tax season full of temporary Covid-19 rule changes and other complications, the 2022 filing season is almost sleepy in comparison, especially for investors. “Activity is minimal – just a small amount of dividends and very few trades. Last year, everyone decided they wanted to be traders, but this year, people didn’t…
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Thinking about investing in alternatives? Ask these 6 questions first.
After a year like 2022, when both stocks and bonds went down, it was pretty much a slam dunk that Wall Street would step up the marketing of alternative assets that might act differently — the next time around. A new report from consulting firm Escalent says 70% of financial advisers now hold alternatives in…
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The commodity supercycle is still young, these strategists say. Here’s why.
Be careful what you wish for. U.S. job openings dropped below 10 million, a symbolic sign that the Federal Reserve’s efforts to combat inflation by sapping labor-market demand was working — and U.S. stocks promptly fell. Perhaps the bigger issue is that investors were not willing to push stocks out of the 3,800 to 4,200…
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‘It says I owe $179,000’: Options traders hit with massive margin calls as winning bets against failing banks are left in limbo for weeks
Thousands of retail option traders who made prescient bets against shares of Signature Bank and SVB Financial Group, the Silicon Valley Bank holding company, were relieved on Tuesday when shares of both failed banks resumed trading on over-the-counter markets after a roughly two-week trading halt. It marked the end of what an academic has described…
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‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says
In January 2022, when yields on U.S. 10-year Treasury bonds TMUBMUSD10Y, 3.499% were still roughly 1% and those on German Bunds were -0.5%, I warned that inflation would be bad for both stocks and bonds. Higher inflation would lead to higher bond yields, which in turn would hurt stocks as the discount factor for dividends rose. But, at the same…
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S&P 500 Bears Miss A Good Opportunity – Suspect Grind
S&P 500 bears missed a good opportunity, and couldn‘t keep pressuring even only NDX. While banking is getting less in the headlines, it isn‘t turning up either. The same goes for yesterday‘s hesitant perfomance of smallcaps, industrials and materials – bonds aren‘t paving the way for a universally clear upswing either. It‘s only the veracity…
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‘I would hate to see their efforts evaporate’: How do I help my adult sons manage their finances — without being an interfering parent?
My two sons are in their 30s and both well educated and have rewarding jobs. They save well and spend within their means, for which I’m very grateful. They each want to buy a home, for which saving is an almost Sisyphean effort, as one lives in Boston and the other in San Francisco —…
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ALFI’s European Asset Management Conference 2023 Report
The 2023 ALFI European Asset Management Conference report following the conference last week in Luxembourg. European Asset Management 2023 Report After A Difficult Year, Luxembourg’s Fund Industry Prepares To Seize New Opportunities Despite experiencing one of the most difficult years for investment funds in Luxembourg and worldwide – at least in terms of assets under…
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Amazon tech layoffs roll on
Amazon has joined Meta, Palantir Technologies, Twilio, Zoom, eBay, Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Microsoft, Coinbase, Cisco, Salesforce, HP, Roku, Beyond Meat and Twitter in announcing major layoffs in recent months. Here’s a look at the list of big names across a number of sectors that have been cutting back their workforces.…
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How First Republic stock’s tailspin started and why it hasn’t stopped
Shortly after Silicon Valley Bank disclosed on March 8 that it was running short of cash and needed to raise capital, First Republic Bank’s epic stock slide began. The stock FRC, -1.36% has lost 90% of its value in less than two weeks, hitting an all-time low of $12.18 a share on Monday. Supportive comments…
