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At Goldman And Citadel Securities, The Santa Rally Has Believers

by The Wealth Advisor Contributor
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.

Featured

OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation

OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.

NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward

NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.

U.S. Global’s JETS ETF: Capturing Airline Industry Transformation Through Smart Beta 2.0

USGI’s Frank Holmes explains how premium revenue growth, supply constraints, and smart beta strategy position JETS in a transformed airline sector.

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Washington Wire

Giuliani has tested positive for coronavirus, Trump says

Rudy Giuliani, who has led President Trump's legal challenges to try to overturn the election, has tested positive for the coronavirus.

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Loeb's Third Point funds gain in November, up double-digits YTD

Daniel Loeb's Third Point LLC funds posted strong gains in November to extend year-to-date returns into the double digits.

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Property manager blared music from Bill Gross’ California mansion: lawyer

The property manager of Bill Gross’ California mansion was responsible for playing some of the loud music that irked his neighbor.

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JPMorgan Warns of Crowded Trades Amid Markets’ ‘Clear Consensus’

There’s strong consensus in markets right now and investors need to position to hedge against crowded trades, according to JPMorgan Chase & Co.

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Analyst Who Nailed 2023 Bull Run Sets S&P 500 Target For 2026

The Trust Advisor

Meet Rob Reiner’s Four Children Who Will Inherit His $200 Million Fortune, His Murder Suspect Nick Reiner Is One Of Them

Washington Wire

Fed Predictions for 2026: What Experts Say About the Possibility of Additional Rate Cuts

Real Estate

Why This Billionaire Real Estate Developer Is Waving A Red Flag Over Data Centers

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JPMorgan Prepares To Launch First Tokenized Money Market Fund

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