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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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We’re now seeing the sharp edge of volatility’s sword and it cuts deep

Central bank policies encourage speculation and many investors are in over their heads. 

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Specter of Negative Rates Is Putting Wall Street Bankers on Edge

US banks have long looked with pity at overseas lenders coping with negative interest rates. Now, they fear they may join the crowd.

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Ivy Endowments Will Reveal Pay Packages Soon. Here’s What to Look For.

Controversy, competition, and the awkward annual airing of the 990s.

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BNY Mellon Bets on Outsourcing (And Advice)

As TIAA gets out of the OCIO business, BNY pivots towards it.

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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

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

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