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The Trillion Dollar Club Is Evolving
The trillion-dollar club is evolving, and the shift matters for wealth advisors evaluating where long-term market leadership may emerge over the next decade.
Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says
(Bloomberg) - The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told the Financial Times.
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Northern Trust Stock Surges on Reported Merger Talks With BNY
Northern Trust shares surged almost 6% in premarket trading Monday after Bank of New York Mellon reportedly approached smaller bank about merger.
U.S. Bombs Iran, Markets Shrug
So there it is. U.S. bombers have hit Iranian nuclear facilities and Tehran is threatening to interrupt oil shipping through the Straits of Hormuz, which would effectively cut off about a third of all petroleum supply.
Self-Proclaimed Social Media Finance Influencer, Pleaded Guilty to Orchestrating Ponzi Scheme
Tyler Bossetti, self-proclaimed social media finance influencer, pleaded guilty to orchestrating Ponzi scheme that defrauded investors of over $11Mn.
Wall Street’s First-Half Whiplash Rewards All-Weather Portfolios
Drama, tariffs, fiscal brinkmanship, inflation fears, and geopolitical flare-ups — first half of 2025 may be remembered for something else entirely.