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At Goldman And Citadel Securities, The Santa Rally Has Believers

by The Wealth Advisor Contributor
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.

Featured

NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward

NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.

OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation

OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.

U.S. Global’s JETS ETF: Capturing Airline Industry Transformation Through Smart Beta 2.0

USGI’s Frank Holmes explains how premium revenue growth, supply constraints, and smart beta strategy position JETS in a transformed airline sector.

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Billionaire Paul Singer to relocate massive NYC hedge fund to Florida: Report

Singer is reportedly relocating Elliott Management to West Palm Beach.

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Bloomberg Denies Report Of Minority Stake Sale Talks With Bill Ackman's SPAC

Bloomberg has denied a media report that claimed the company is exploring a deal to sell a minority stake to a company controlled by Bill Ackman.

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Warren Buffett's Berkshire Hathaway agrees to $4.1 million settlement with US Treasury after a rogue subsidiary allegedly violated Iran sanctions

Berkshire has agreed to pay $4.1 million to settle its potential civil liability for 144 apparent violations of Iran sanctions by a rogue subsidiary.

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It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns

‘No one knows the future, but given the general lack of investor confidence amid a pandemic and political polarization, there is a chance that a negative, self-fulfilling prophecy will flou

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FundFocus

Analyst Who Nailed 2023 Bull Run Sets S&P 500 Target For 2026

The Trust Advisor

Meet Rob Reiner’s Four Children Who Will Inherit His $200 Million Fortune, His Murder Suspect Nick Reiner Is One Of Them

Washington Wire

Fed Predictions for 2026: What Experts Say About the Possibility of Additional Rate Cuts

Real Estate

Why This Billionaire Real Estate Developer Is Waving A Red Flag Over Data Centers

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JPMorgan Prepares To Launch First Tokenized Money Market Fund

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