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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.

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.

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.

Recent

Economy

Peter Schiff Blasts Trump’s ‘Booming Economy’ Claim, Warns US Output Is ‘Going Bust.’ Here’s The Problem And What To Do

President Donald Trump has repeatedly touted the strength of the U.S. economy, recently insisting that “our economy is booming (1).”

News

Cohen As Casino Boss Is Latest Pivot For Hedge Fund Mogul

Hedge fund titan. Movie character. Art collector. Sports team owner. And possibly soon, casino boss.

ETF Innovators

WisdomTree’s GDE and GDMN: Solving the Gold Allocation Problem Through Capital Efficiency

Client requests for gold exposure often force advisors into uncomfortable portfolio compromises. WisdomTree Global CIO Jeremy Schwartz discusses how the firm’s GDE and GDMN funds use capital-efficient structures to layer gold futures onto equity positions, seeking to deliver comprehensive exposure without requiring advisors to liquidate existing holdings. The approach seeks to address a persistent challenge in portfolio construction.

Crypto4Advisors

Bitcoin Slides On 'Weak' Sentiment, Strategy, Coinbase Among Crypto Stocks Hit

Bitcoin tumbled more than 8% on Monday alongside crypto-related stocks, casting doubt on a year-end rally despite growing prospects of a Fed rate cut.

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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

Washington Wire

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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