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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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Tax Protection

Property Tax Bill Could Force Peter Thiel to Withdraw $5 Billion From His IRA

Billionaire Peter Thiel and others with huge retirement account balances are at the legislator’s crosshairs.

Events

Jennie Menzie Named President of Cumberland Trust as Company Celebrates 20 Years in Business

Cumberland Trust, an independent trust company, announced the appointment of Jennie Menzie as President and her election to the Board of Directors.

Estate Planning

Kevin O'Leary Is Concerned About Leaving Too Large an Inheritance

Kevin O'Leary Is Concerned About Leaving Too Large an Inheritance -- So Are Two-Thirds of High-Net-Worth Individuals.

News

Prince Philip’s Will to be Kept Secret for 90 Years, British Court Rules

The will of Prince Philip, the late husband of Queen Elizabeth of England, has been sealed and will remain private for at least 90 years.

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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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