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“Sleep Like a Baby” Portfolio is Delivering One of Its Strongest Years on Record

by The Wealth Advisor Contributor
Bank of America’s so-called “sleep like a baby” portfolio—constructed for resilience rather than headline performance—is delivering one of its strongest years on record. The equal-weighted allocation across equities, fixed income, cash, and commodities is tracking a 26% return year-to-date, positioning it for its best annual outcome since 1933, according to strategist Michael Hartnett.

Featured

AI Optimism Raises Positive Implications for RIAs and Wealth Advisors

A renewed wave of optimism around artificial intelligence is reshaping equity market leadership, with meaningful implications for portfolio positioning among RIAs and wealth advisors.

Warsh Confirmation Set to Advance as GOP Holdout Backs Vote

(Bloomberg) - Senator Thom Tillis said he’s dropping his blockade of Kevin Warsh’s nomination to head the Federal Reserve, saying the Justice Department’s decision to end a criminal probe targeting Fed Chair Jerome Powell remove

Kevin Warsh Outlines A Potential Shift In How The Fed Measures Inflation

Kevin Warsh, nominated by President Trump to serve as Chair of the Federal Reserve, used his Senate confirmation hearing to outline a potential shift in how the central bank evaluates inflation—an issue with direct implications for monetar

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Annuities Channel

10 Reasons An Annuity Might Make Sense For Your “Problem” Clients

Looking at recent statistics as they coincide with market volatility and recession fears, it’s no wonder annuity sales are hitting all-time highs.

Annuities Channel

Insurance companies, groups urge quick Senate action on House-passed retirement bill

Executives of insurance companies and trade associations are urging Senate leaders to take "quick action" to pass a bipartisan retirement savings bill

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Kaiser Permanente CEO Bernard Tyson dies unexpectedly at 60

Tyson, who held the top job since 2013, was Kaiser’s first black chief executive and a strong proponent for affordable and accessible healthcare.

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Goldman Sachs plans shift from revenue goal at first investor day

Over 2 years ago, Goldman Sachs told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal.

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Medicare Strategy Must Be Implicated In The Broad Retirement Plan

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AI As An Investment Theme Operates Under A Unique Level of Scrutiny

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