The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

S&P 500 Rally in Q4 "More Likely Than Not" Despite Headwinds - Morgan Stanley

A rally in the S&P 500 in the fourth quarter of 2023 "is more likely than not", Morgan Stanley's Michael Wilson said in a note.

Schwab's Net Interest Revenue Falls 24% After Clients Move Cash

Charles Schwab Corp. execs said cash-sorting problems with clients moving money from bank into higher-yielding products are beginning to abate.

Big Banks are Benefiting From Higher Rates. Their Customers Aren't.

Higher interest rates are lifting the fortunes of the nation’s biggest banks. They aren’t doing the same for the banks’ customers.

Why You Should Carefully Consider What Jamie Dimon Just Told the Investing World

The latest commentary from its CEO Jamie Dimon: "This may be the most dangerous time the world has seen in decades."

Fed's Goolsbee Says the Fall in US Inflation is Not Just a Blip: FT

Chicago Fed president Austan Goolsbee said it is "undeniable" that the slowdown in US inflation is a trend rather than a momentary blip.