Wall Street Meets Main Street: Why Morgan...
Morgan Stanley is buying online broker E*TRADE for $13 billion. The all-stock transaction will bring combined client assets to $3.1 trillion. CEO James Gorman says in the release that the deal will position Morgan Stanley as a top player in the Financial Advisory, Workplace, and Self-Directed channels.
Tariffs & Tipple: French Spirits Soar
The French Federation of Wines and Spirits Exporters (FEVS) boasted record overseas sales of wines and spirits in 2019. Q4 2019 saw a dip in exports after custom duties came into effect. The Office of the US Trade Representative decided to maintain the 25% tariff imposed on still wines in 2019.
Fed: To Cut or Not to Cut
The Fed left the central bank’s benchmark rate unchanged in a range between 1.5% and 1.75% at its past two meetings. Fed minutes from the Jan. 28-29 meeting indicated that FOMC members believe policy is appropriate for now.
The ETF Show - Exposure to eSports &...
Will Hershey, CFA, CEO and Co-Founder, Roundhill Investments explores thematic exposure to eSports and digital entertainment. The founders of Universal Value Advisors (UVA), Robert Barone and Joshua Barone consider actively managed global fixed income securities.
"Lower for Longer" Rate...
As safe yields come down, investors feel more pressure to go into lower-quality credit or riskier asset classes in order to generate income. But it’s the risk-adjusted return that matters.
The Coronavirus Threatens the Global Economy
Scott Minerd, Chairman of Investments and Global CIO, joined CNBC’s Fast Money to discuss his market and economic outlook, including the potential impact of the coronavirus. Read Global CIO Outlook: “Peace for Our Time”
Global Markets See Risk Appetite Ease
Coronavirus uncertainties are sliding into some earnings calls as Apple forecasts a pullback in its Q2 guidance due to the outbreak. This week's events include Fed minutes and the G20 gathering of finance ministers and central bankers in Saudi Arabia.
Smoothing Returns: The Importance of Hedged...
Randy Swan, Founder and Lead Portfolio Manager of Swan Global Investments, describes some of the benefits of investing in a hedged equity portfolio. He adds that one of the worst things an investor can do on the upside or downside is to act emotionally. Hedged equity may calm a volatile market experience for your clients. See it for yourself here.
Stocks and Bonds: Tug-of-war with Risk-Reward
U.S. stocks tend to see a higher risk-reward profile during periods of exponential growth while bonds are known to have an inverse risk-reward relationship. In the bond market, the recent advance in Treasurys saw parts of the yield curve invert. The traditional American recession indicator may actually reflect global growth concerns.
Virus Outbreak to Destroy Oil Demand
The International Energy Agency expects global oil demand to contract for the first time in a decade during Q1 2020. The coronavirus outbreak is expected to ease world oil demand by 1.1 million b/d in Q1 with China expected to ease its oil consumption growth.
Streaming video competition is heating up
More streaming service options are available to video consumers this awards season. Investment analyst Brad Barrett breaks down the entrants in what some in the media industry have dubbed “streaming wars.”
The ETF Show - Riding the Rally
Gold prices and the technology sector are seeing a steady climb as the bull market extends its record run. William Rhind, Founder & CEO of GraniteShares provides insight into the outlook for gold ETFs and the precious metal. Scott Acheychek, President of REX Shares, considers technology exposure amid volatility in the sector.
Wall Street Rally Tops Overseas Markets
The major U.S. stock benchmarks are hitting record highs and shrugging off uncertainty. Bets on diversifying overseas are not paying off as well as the domestic markets even amid elevated valuations.
Asset Management Needs to Get Serious About...
Attaining greater representation of women isn’t just the right thing to do for the asset management industry, it is the smart thing to do for clients. Read the article Asset Management Needs to Get Serious About Attracting and Retaining More Women
Powell to Congress: Fed Is Closely...
During his testimony on Capitol Hill, Fed Chair Jay Powell said the U.S. economy is in a very good place, household spending fundamentals are solid, and the current monetary policy will likely remain appropriate. Still, markets face their fair share of risks. Powell said the Fed is closely monitoring Coronavirus, but that it's too soon to estimate the economic impact of the deadly virus.
What's Inside Trump's $4.8...
The White House just proposed its 2021 fiscal budget. The pricetag for President Trump's spending plan comes to $4.8 Trillion. In his letter to Congress, he lays out 5 key priorities: negotiating better trade deals, cutting down on regulation, combatting the deadly opioid crisis, strengthening the military, and energy independence.
How to Avoid Dividend Cuts
Part of a successful dividend investing strategy is avoiding companies that cut their dividends. In this video, senior portfolio manager Scott Davis explains how he identifies those companies that may be likely to slash dividend payments. Davis focuses on three things: free cash flow coverage of the dividend; the health of the company’s balance sheet; and the degree of volatility in the stock’s...
Preparing for the Long-Term: Downside...
Randy Swan, Founder and Lead Portfolio Manager of Swan Global Investments, examines sequencing risk for retirees and how to structure market returns and eliminating risks by hedging through options. To learn more about how sequencing risk can affect your clients in retirement, read our blog post here.