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Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy

by The Wealth Advisor Contributor
Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimately lead to stronger economic outcomes.That philosophy is already being tested.

Featured

LPL Financial Addresses Growing Advisor Interest In AI

LPL Financial addressed growing advisor interest in artificial intelligence during its first-quarter earnings discussion, particularly in light of market reactions earlier this year that raised questions about how emerging AI capabilities

Templeton Manager: Why Client Portfolios Need Emerging Markets

Emerging markets (EMs) may be entering a more durable period of outperformance, according to Andrew Ness, who argues that structural shifts in the global economy are tilting the balance away from developed markets.

'Magnificent 7' Earnings Rush Reveals AI Spending Surge, With Hyperscaler Capex Set To Reach $725 Billion In 2026

(Yahoo! Finance) - The biggest companies making the biggest artificial intelligence investments signaled Wednesday that they’re not done raising their investment ambitions to meet this moment.

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Ron Barron Thinks Elon Musk Will Be A ‘Trillion Dollar Man’

Even after trimming some Tesla holdings, Baron has a staggering 41% of one of his biggest funds invested in the carmaker’s stock. He sees more ahead.

TAMPs

Cardea: Use A TAMP To Capture Business Owners As Clients

Many affluent business owners have very complex financial lives, and they are usually striving to increase their wealth. Many of them need your help.

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Citi on Hong Kong hiring spree in effort to triple client numbers

Citi will hire 300 new relationship managers in HK and plans to triple client numbers and double assets under management.

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Big banks focus on growing loans as the economic outlook brightens

After a 2020 of hunkering down to sustain possible credit losses, banks are now shifting their focus to ramping up lending activity.

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FundFocus

Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO

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Inside Jack Schlossberg's Trust Fund Amid Political Campaign

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

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The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

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America's National Debt Is Now Larger Than The Entire Economy

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