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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.

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.

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.

Recent

Practice Management

For Investors, 2024 is Year of Transition to a New Economic Order

Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them.

Economy

Reagan Era Economist Understands Why Americans Are Pessimistic About the Economy

Art Laffer, an economist, asserts that Americans have valid reasons to be pessimistic about the current state of the economy.

FundFocus

Mariner Wealth Advisors Builds on Vast Presence in California with Acquisition of Confluence Financial Planning

Firm Closed out the Year with its Seventh Acquisition of 2023, Adding $360 Million in AUM.

Companies

X Now Worth 71% Less Than When Musk Bought It, Fidelity Estimates

X, the platform formerly known as Twitter, is worth 71% less now than it was when Elon Musk bought it in late 2022, according to Fidelity.

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FundFocus

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

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

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