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What Everyone Is Missing About Mamdani’s Plan To Tax Ken Griffin’s $238 Million Penthouse

by The Wealth Advisor Contributor
(CNN) - New York City Mayor Zohran Mamdani stood outside a luxury skyscraper in Manhattan for a video on Tax Day to deliver on his trademark plan: “We’re taxing the rich.”

Featured

Tony Robbins Has Built A Diversified AI-Related Portfolio

Access to significant capital and deeply connected networks often allows ultra-high-net-worth investors to pursue differentiated investment strategies across emerging sectors, particularly in artificial intelligence infrastructure and adja

The S&P Has Outperformed Forecasts Raising The Bar For The Future

The S&P 500 is delivering one of the strongest earnings seasons in decades, creating a powerful backdrop for advisors evaluating equity allocations, valuation discipline, and forward return expectations.

Air Travel Poised To Become More Expensive This Summer

Air travel is poised to become significantly more expensive this summer, adding another layer of inflationary pressure that wealth advisors and RIAs should monitor closely as geopolitical instability ripples through global energy markets.

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Former Treasury Sec. Steven Mnuchin Says He's Looking to Buy TikTok

Former Treas. Sec. Mnuchin putting together investor group seeking to purchase TikTok if app's parent company ByteDance is forced to sell it off.

FundFocus

Mark Spitznagel, of Universa Investments, Anticipates Uptrend in Market Before Downturn

Mark Spitznagel, the notable figure behind Universa Investments, anticipates a substantial uptrend in the stock market before a monumental downturn.

Companies

UBS's Rescue of Credit Suisse Has Created New Risks for Switzerland, OECD Says

UBS's rescue takeover of Credit Suisse a year ago has created "new risks and challenges" for the Swiss economy.

Companies

Nvidia CEO Faces Sky-High Investor Expectations at AI Conference

Nvidia Corp.’s annual AI conference is just days away and expectations are high for the semiconductor maker to deliver news that will rally its stock.

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Washington Wire

Fed's Hammack Looks To Hold Rates For 'Quite Some Time' Amid Iran Conflict And Uncertainty

Companies

JPMorgan Is Signaling A Notable Strategic Shift To Engage The Next Investor Generation

Washington Wire

Goolsbee Underscores Near-Term Risks In Overestimating AI Productivity Gains

Companies

Apple And MAGS Signal A Renewed Phase Of Leadership

News

JPMorgan CEO Jamie Dimon Isn't Sure How Consumer AI Will Play Out

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