The stock market has been roaring for the past decade, with the S&P 500 (^GSPC) boasting an annualized return of 13%.
Lido Advisors is acquiring Pegasus Partners, a Wisconsin-based RIA with over $3 billion in AUM.
The last time US government bonds sold off this much as the Fed started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing.
The broadening of the stock market rally has become a crucial theme during the second half of 2024.