Featured
Fed Meeting Today: Central Bank 'Firmly Parked' On Interest Rate Pause
The Federal Reserve maintained its target rate range at 3.50%–3.75% for a third consecutive meeting, citing elevated energy prices and heightened geopolitical uncertainty tied to the Iran conflict.
Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO
(Bloomberg) - Shares of Bill Ackman’s Pershing Square USA Ltd. plunged 18% in its debut after the combined initial public offering for the closed-end fund and his alternative asset manager raised $5 billion.
Recent
‘Seriously Underwater’ Home Mortgages Tick Up Across the US
Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states.
Increased Likelihood of a Stock Market Surge
The increasing likelihood of a stock market surge, potentially initiated by Fed policies, is drawing attention, as noted by Ed Yardeni.
Syntax Data Powers New Sustainable Infrastructure Index On SMArtX
This thematic equity Index provides investors with access to a curated selection of publicly traded companies poised to drive the modernization of infrastructure within the United States.
Parametric: How Can Advisors Use Direct Indexing to Deepen Client Relationships?
Most portfolios end up with allocations to both active and passive strategies but advisors and clients alike embrace direct indexing to improve the tax and fee efficiency of the overall portfolio.