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Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts

by The Wealth Advisor Contributor
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.

Featured

JPMorgan Introduces New Special Advisory Services For Key Clients

J.P. Morgan has introduced a new advisory capability designed to deepen strategic engagement with a select group of sophisticated clients.

Erosion Of Fed Independence Would Be 'Credit Negative' For US Rating, Fitch Says

Erosion of Fed independence would be 'credit negative' for US rating, Fitch says.

Jamie Dimon Warns $38 Trillion National Debt Is Going To ‘Bite’: ‘You Can’t Just Keep Borrowing Money Endlessly’

JPMorgan Chase CEO Jamie Dimon: At some point, governments around the globe are going to have to examine their spending habits.

Recent

Washington Wire

Powell Isn't Taking a July Rate Cut Off the Table for Fed

Fed Chair Powell didn’t rule out interest rate reduction this month but agreed that central bank would have cut rates by now if not for the tariffs.

ETF Innovators

Crypto, Customized: How Grayscale’s ETF and ETP Suite Helps Advisors Turn Interest Into Allocation

Grayscale is expanding beyond spot exposure with ETFs and ETPs that aim to help advisors meet rising client demand for crypto—without sacrificing regulatory compliance, liquidity, or fit. From miners (MNRS) and adopters (BCOR) to income-focused options (BTCC/BPI), the firm is building for a more mature, advisor-driven market.

FundFocus

US Economy 'On Wobbly Footing': Why Wall Street Strategists Are Cautious About Stock Market's Recent Records

Stocks staged a historic comeback from their April lows, finishing the first half of the year on a high note.

Companies

Mercer Advisors Expands In Greater Boston With Addition Of O’Brien Wealth Partners

Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Investment Adviser (“RIA”), today announced the acquisition of O’Brien Wealth.

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Popular

The Trust Advisor

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

Washington Wire

Fed Faces ‘Trilemma’ Of How Big Its Balance Sheet Should Be

Companies

BlackRock Total Assets Hit Record $14 Trillion As ETFs Surge

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