Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates said Scott Bessent.
For wealth advisors and RIAs, understanding the distinction between active and passive investing is central to portfolio construction and planning.
Concerns about an AI bubble have some on Wall Street warily eyeing Silicon Valley, but others say they're looking in the wrong direction.
Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has pushed valuations to elevated levels.