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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

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.

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.

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The Retirement Advisor

Robinhood's IRA Match Offer: Read the Fine Print

With its trading app, Robinhood has appealed to a new generation of investors and given them the tools that they're most comfortable using.

Washington Wire

Analysis-Investors Bet Fed Will Blink if Recession Hits Despite 'Higher for Longer' Mantra

Some believe expected recession will force Fed to loosen monetary policy, even as central bank projects will raise rates higher than anticipated.

Portfolio Construction

Goldman Says Commodities Will Gain 43% in 2023 as Supply Shortages Bite

Commodities will be best-performing asset class once again in 2023, handing investors returns of more than 40%, according to Goldman Sachs Group Inc.

Commentaries

Bill Ackman: Fed Won't Meet Inflation Goal Without 'Deep, Job-Destroying Recession'

Hedge fund manager Bill Ackman believes the Federal Reserve’s 2% inflation target is unattainable without severe pain for the U.S. economy.

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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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