Fed Dissenters Speak Out: 'The Next Rate Change Could Be Either A Cut Or A Hike'

(Yahoo! Finance) - Three Federal Reserve officials offered insight about why they dissented at this past week’s meeting over the central bank’s bias toward cutting interest rates.The policy statement released by the Federal Open Market Committee following the April 29 meeting said officials will consider the extent and timing of “additional adjustments” to interest rates.

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China's Rare Defiance Of US Sanctions Sparks Showdown Over Banks

(Bloomberg) - China has ordered companies to defy US sanctions for the first time, a step that threatens to put its banking sector into the crosshairs of competition between the world’s largest economies.

Current Earnings Strength Being Driven By Capital Investment In Artificial Intelligence

It comes down to earnings durability and breadth.

Tax Alpha, Total Customization, and Five Minutes a Quarter: Alpha Vee Makes the Case for Direct Indexing

Every advisor has a version of the same pitch conversation.

Recent

Credit Suisse in firing line after Archegos losses

Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital.

Advisor Technology

Musk: Why Is The Richest Man In The World So Bullish On Bitcoin?

The Tesla founder thrives on disruption but most retail investors will miss the nuances that attract celebrities and billionaires to crypto assets.

Economic distortions of wealth taxes

The US has never had a comprehensive wealth tax, and while some European countries have them, many more have repealed wealth taxes over the past several decades.

Senate Estate And Gift Tax Bill Will Reduce Exemption To $3,500,000 And Take Away Many Opportunities

Besides a reduction of the estate tax exemption and reduction of the gifting exemption, it will eliminate many planning techniques and structures.

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Practice Management

Private Credit Could Spark Psychological Contagion, Barr Warns

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

FundFocus

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

Companies

Bizarre Moment At Berkshire's Annual Meeting Spotlights Cyber Risk

Companies

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