Articles from our Weekly Newsletters

Bitcoin’s Stealth Rally Puts It Atop the Quarterly Scoreboard Once Again

Bitcoin’s surprising fast exit from its “crypto winter” has once again put the notoriously volatile digital currency atop the leader-board in the first quarter for being the best-performing asset class by a wide margin.

Schwab ETF Logs $4.6 Billion Inflow Amid Quarter-End Shuffle

Wall Street’s model-portfolio boom appears to have flashed its invisible power for the second time in this week after a once-sleepy Charles Schwab Corp. bond exchange-traded fund received another monster inflow.

Microsoft Pushes to Squeeze All it Can From the Last of its Climate Fund

When Microsoft Corp. launched its $1 billion Climate Innovation Fund three years ago, it was the lone tech giant pledging serious money to tackle rising temperatures. The dangers facing the planet have since become more acute, and the fund has about $400 million left.

Alibaba, Awaken China Tech’s Long-Dormant IPO Machine

Alibaba Group Holding Ltd. and Inc. have begun preparations for a trio of the year’s biggest Chinese debuts, heralding a wave of initial public offerings that promise to breathe new life into the struggling technology industry and Hong Kong’s stock market.

The Impact of Bank Failures and Disintermediation

Early signs of economic unraveling are appearing. The federal corporation that insures bank deposits is woefully underfunded. The Fed is under pressure to pivot away from its inflation fight.

A Fed Pivot is Not Bullish

Stock investors wishing for the Federal Reserve to pivot should rethink their logic and review the charts below.

Fed Critics Are Missing Some Important Context

Everyone insisting America isn't up to managing the world’s No. 1 economy after the Covid-19 pandemic caused the highest joblessness since the Great Depression and biggest cost-of-living increase in 40 years should ask...

SVB Gives Bond Investors a Stark Lesson in Term Risk

No investment is risk-free, but the closest thing is probably short-term loans to the US government, also known as Treasury bills. That’s because the US government has vast resources to pay back its loans, and investors get their money back quickly.

This Stock Market Splash Has a Disturbing Undertow

The benchmark S&P 500 Index is wrapping up its second straight quarterly gain, rising 5.50% through Thursday and adding to the 7.08% surge in the final three months of 2022.

Stock Sales Suffer Worst First Quarter Since 2009 on Rates, SVB

US equity capital markets are having the slowest start to a year since 2009, and dealmakers fear a rebound is nowhere near.

Worried About Shadow Banking? Don’t Look at China

When we talk about shadow banking, we think of China, one of the world’s most indebted nations. Lending by companies that do not own a banking license has reached 50 trillion yuan ($7.3 trillion), or about 42% of gross domestic product, according to Moody’s Investors Service.

Elon Musk Wants to Pause AI? It’s Too Late for That

Elon Musk and an array of public figures have signed their names to an open letter that went viral this week, calling for a six-month pause on training language models more powerful than GPT-4, the technology underpinning ChatGPT.

What Makes This Economic Slowdown Different From the Others?

We’ve been watching slumps ripple through various parts of the economy over the past 18 months: technology startups and stocks, regional banks and growing concern about commercial real estate. Yet we’re still waiting for the wider labor market to feel the downturn.

12 Tax-Smart Charitable Giving Tips for 2023

Charitable planning is an important topic to discuss with your clients, especially if they’re facing extraordinary taxable events this year. You can add value to your clients by sharing these tax-smart giving strategies for 2023.

How Wall Street Became a Fancy Residential Neighborhood

The rise of remote work during the pandemic has cut demand for office space and left some American downtowns feeling like ghost towns. As a result, there’s been much talk of converting downtown offices into apartments. This could not only bail out owners of suddenly less-valuable commercial real estate...