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.

Bank of America Scraps Bullish Stance on 10-Year Treasuries

BofA rates strategists abandoned their recommendation to be tactically long 10-year Treasury notes, seeing US resilience could drive yield to 4.75%.

Wall Street’s Biggest Bear Ditches Call for 11% S&P Drop in 2023

One of Wall Street’s biggest stock-market pessimists dialed back his bearish forecast for the S&P 500 Index.

FDIC Says Supervisors Could Have Been More Aggressive Before First Republic's Failure

A U.S. banking regulator said its supervisors could have been more aggressive in policing First Republic Bank's risk management.

Imprisoned Billionaire’s Wealth Soars on 919% EV Stock Rally

There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.

Haidar’s Hedge Fund Losses Worsen to 48% After Decline in August

Said Haidar’s macro hedge fund suffered a further 15.7% slump in August, extending the worst-ever phase of trading losses since it started.