NYSE Trader Optimistic about Earnings
Peter Tuchman with the NYSE discusses being back at the exchange, what the economic indicators mean for markets, his expectations for earnings, and the next generation of traders.
The ETF Show - Bitcoin vs. Gold, Inflation Expectations & New Fund Launch
VanEck Deputy Portfolio Manager Ima Casanova shares how gold investors can earn dividends and some of the differences between the safe haven asset and Bitcoin. Wilshire Phoenix Co-Founder and Managing Partner William Herrmann also talks about the launch of a new gold ETF strategy.
Merrill Lynch Team of Advisors Join LPL
A team reportedly managing $650 million in assets is leaving Merrill Lynch and launching a new firm with LPL Financial. According to the release, the four advisors will leverage LPL’s broker-dealer, corporate RIA and custodial platforms, and the Strategic Wealth Services model. Their independent practice called NorthEnd Private Wealth will be headquartered in Greenville, South Carolina.
Cryptocurrencies: What Investors Should Consider
TCW Analyst Adam August discusses how investors should think about cryptocurrencies as an investable asset, and how we consider their valuation in the current environment.
Complacency is Rising
Scott Minerd, Chairman of Investments and Global CIO, joins Bloomberg TV to discuss risk in otherwise strong markets. Read Macro Alert: Don’t Mistake Rapid Jobs Gains for a Strong Labor Market
Q1: Stocks & Bitcoin Climb as NFTs, GameStop & SPACs Make Headlines
Despite the Dow gaining almost 8% and the strong performance of stocks so far in 2021, the most memorable moments of the first quarter might be the surge of GameStop, SPACs, Bitcoin, and NFTs. As we move into the second quarter, inflation will be a top concern and investors can likely expect more stimulus.
The ETF Show - AI, China & the Adoption of Active ETFs
Managing Director of Qraft AI ETFs Francis Oh discusses the rise of active ETFs and ways to invest in artificial intelligence strategies. Rayliant Chairman and CIO Jason Hsu weighs in on China's strong track record of growth and his actively managed ETF that invests in Chinese equities.
SPAC Issuance Spikes & SEC Issues Warning to Investors about Celebrity Endorsements
With parabolic issuance and celebrity endorsements from Shaq to Jay-Z, SPACs are one of the hottest topics in finance. According to Dealogic, SPACs have raised almost $85 billion so far this year, which comes out to 72% of all IPOs. Still, some advisors and the SEC are offering their own words of caution.
#1 RIA Valued at $7.3 Billion in Investment from PE Firm Warburg Pincus
The #1 independent advisory firm in the country just announced has a new investment from Warburg Pincus. The PE firm is acquiring minority ownership and joining the board of Edelman Financial Engines, which manages $260 in assets. According to the release, this strategic investment values the nation's top RIA at $7.3 billion and is expected to close in the second quarter of this year.
Quadruple Witching on Wall Street Sends Trading Volumes Higher
It's the first witching day of the year on Wall Street, adding more volatility to an already volatile week! Stocks climbed Wednesday following the Fed's dovish guidance only to reverse course Thursday with a selloff. Friday started off with a spike in trading volumes thanks to the simultaneous expiration of options and futures known as "quadruple witching."
Markets Fight the Fed
Scott Minerd, Chairman of Investments and Global CIO, joins Bloomberg TV on Fed Day to discuss the outlook for rates and the potential for inflation. Read Global CIO Outlook - A Drunk Man in the Snow: The Random Walk of Interest Rate.
Fed Holds Rates Near Zero
Stocks spiked after dovish guidance and the Fed's decision to maintain aggressive monetary policy for as long as it takes. Despite forecasting 4.5% unemployment by the end of the year upping its GDP forecast to a robust 6.5%, the Central Bank is holding interest rates near zero and maintaining its 120 billion monthly bond buying program.