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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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RIA Knowledgebase

Schwab Starts Squeezing Recruiters

Looking to save cash, Schwab Advisor Services is changing the "soft dollar" split it uses to compensate recruiters who bring RIAs into its fold.

RIA Knowledgebase

Ex-LPL Rep Suspended For Fee Evasion Scheme

The advisor, Raymond Alagao Velasco Sr., allegedly concocted an elaborate scheme in which clients could avoid the fees incurred on annuity surrenders.

RIA Knowledgebase

Where Is Your Compensation Going In 2021?

The present trend in advisor compensation of applying tweaks, rather than imposing major changes, seems likely to continue this year. Slow and steady.

RIA Knowledgebase

Schwab Ameritrade Aggressively Hiring Service Staff

Charles Schwab and TD Ameritrade are actively and aggressively hiring service staff in their advisor custody units to keep up with surging demand.

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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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Microsoft Beats But Expectations Were Steep

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