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At Goldman And Citadel Securities, The Santa Rally Has Believers

by The Wealth Advisor Contributor
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.

Featured

OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation

OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.

NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward

NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.

U.S. Global’s JETS ETF: Capturing Airline Industry Transformation Through Smart Beta 2.0

USGI’s Frank Holmes explains how premium revenue growth, supply constraints, and smart beta strategy position JETS in a transformed airline sector.

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The Trust Advisor

Ric Flare Claims He's Done With Marriage After Losing Millions in Divorce Battles

Ric Flair is officially waving the white flag when it comes to marriage—and he’s blaming his bank account.

The Trust Advisor

Switzerland Rejects Proposed 50% Inheritance Tax On Wealth Over 50 Million Francs

In Switzerland, the vote on the proposed inheritance tax for assets exceeding 50 million francs sparked significant debate.

The Trust Advisor

Prairie Trust®: Building a Trust Company Around Advisor Relationships, Not Despite Them

“Advisor friendly” often functions as marketing jargon, but Prairie Trust® has built its trust administration model around the concept. VP and Director of Fiduciary Sales Terry Doyle explains how the firm maintains advisor relationships through custodian neutrality, responsive service, and willingness to handle complex estate settlements and special needs trusts—work many institutional trustees avoid. The approach has grown Prairie Trust from $350 million to more than $1.5 billion in assets under administration over 11 years.

Crypto4Advisors

Crypto’s Retail Traders Hit Hard As Strategy ETFs Plunge 80%

Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price.

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FundFocus

Analyst Who Nailed 2023 Bull Run Sets S&P 500 Target For 2026

The Trust Advisor

Meet Rob Reiner’s Four Children Who Will Inherit His $200 Million Fortune, His Murder Suspect Nick Reiner Is One Of Them

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Fed Predictions for 2026: What Experts Say About the Possibility of Additional Rate Cuts

Real Estate

Why This Billionaire Real Estate Developer Is Waving A Red Flag Over Data Centers

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

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