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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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Portfolio Construction

'I Don't See This as the Big One': Market Strategist

The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year.

Portfolio Construction

Soros Fund Management CEO Certifies Billionaire Investor’s Family Office Is Trading Bitcoins

Billionaire investor George Soros’ family office, Soros Fund Management, has invested in bitcoin, according to Soros Fund CEO/CIO Dawn Fitzpatrick.

Portfolio Construction

GOP Senator Rejects Jamie Dimon's Call to End Debt Limit

Dimon told President Biden on Wednesday, "we don't need to have this kind of brinksmanship every couple of years."

Commentaries

Good for Business: Why Owners of Small Firms Support Higher Taxes on the Wealthy

In the public discourse around taxes, there is a conflation of big and small business interests, but in reality their situations are far different.

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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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