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“Sleep Like a Baby” Portfolio is Delivering One of Its Strongest Years on Record

by The Wealth Advisor Contributor
Bank of America’s so-called “sleep like a baby” portfolio—constructed for resilience rather than headline performance—is delivering one of its strongest years on record. The equal-weighted allocation across equities, fixed income, cash, and commodities is tracking a 26% return year-to-date, positioning it for its best annual outcome since 1933, according to strategist Michael Hartnett.

Featured

AI Optimism Raises Positive Implications for RIAs and Wealth Advisors

A renewed wave of optimism around artificial intelligence is reshaping equity market leadership, with meaningful implications for portfolio positioning among RIAs and wealth advisors.

Warsh Confirmation Set to Advance as GOP Holdout Backs Vote

(Bloomberg) - Senator Thom Tillis said he’s dropping his blockade of Kevin Warsh’s nomination to head the Federal Reserve, saying the Justice Department’s decision to end a criminal probe targeting Fed Chair Jerome Powell remove

Kevin Warsh Outlines A Potential Shift In How The Fed Measures Inflation

Kevin Warsh, nominated by President Trump to serve as Chair of the Federal Reserve, used his Senate confirmation hearing to outline a potential shift in how the central bank evaluates inflation—an issue with direct implications for monetar

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FundFocus

Morgan Stanley’s Wilson Says S&P 500 Risks 11% Drop On Trade War

US stocks are at risk of sinking as much as 11% if trade tensions between the US and China aren’t resolved before a November deadline.

Washington Wire

Government Shutdown Live: Economic Deadlines Loom In Days Ahead As US Stoppage Now The Third-Longest In History

The government shutdown is now the third-longest federal work stoppage in US history and has no end in sight.

FundFocus

Stablecoins' $1 Peg Is A 'Misconception,' Says NYDIG After $500 Billion Market Meltdown

NYDIG is calling time on what it says is one of crypto’s most persistent myths: that stablecoins are pegged to the U.S. dollar.

Companies

Nvidia's Big Tech Customers Might Also Be Its Biggest Competitive Threat

Nvidia's (NVDA) own Big Tech customers are poised to capture a sizable slice of the AI chip market — this could eventually dig into their profits.

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