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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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Tax Protection

IRS tax refund delay: Still calling the phone number? Here’s why you can’t get through

Anybody home? The National Taxpayer Advocate says the Internal Revenue Service has answered only 2% of 75 million calls this tax season.

Tax Protection

How the Wealthy Are Trying to Anticipate Biden’s Tax Increases

Biden has proposed significant increases in taxes on the wealthy. And while the details are likely to change, wealthy Americans scrambled to lock in tax savings before they even knew what the proposal was.

News

Biden, Powell paddling in same direction on policy front

Within a span of six hours last week, U.S. President Joe Biden and Federal Reserve Chair Jerome Powell embarked on a potentially historic course.

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From Lumber To TIPS To Bitcoin: 12 Inflation-Hedging Investment Moves

Dollars, it seems, aren’t going as far as they used to in the acquisition of hard assets, real estate or business assets.

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