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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

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.

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.

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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Mark Mobius: Big stock rallies mask hundreds of small firms ‘going bust’

Central banks are pumping liquidity into markets, veteran investor says, bailing out the larger firms, while smaller businesses struggle.

News

Good Luck Getting Your Wealthy Clients Tax Relief If They Aren’t Business Owners

While the CARES Act can certainly help wealthy clients with their business taxes, their personal taxes are another situation all together.

The Trust Advisor

A good time to consider four essential documents for basic estate planning

Now is a good time for those without estate plans to have basic plans put in place.

The Trust Advisor

Financial And Estate Planning Steps To Take Now: Special Considerations For Those With Brain Disease

What steps can you, your loved ones and family take to make this challenging time safer and easier from a financial and legal perspective?

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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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