Wall Street is Banking That Powell Will Signal a Rate Cut at Jackson Hole
Wall Street is banking that Powell will signal a rate cut at Jackson Hole—but the closer it gets, the less likely it looks/
Morgan Stanley Sees $16 Trillion Market Upside from AI—but Warns of Major Workforce Disruption
Artificial intelligence is no longer a distant concept—it is becoming the most consequential driver of business transformation in decades.
Amplify: Why It’s Time for Legacy Risk Models to R.I.P.
For decades, financial risk modeling has been based on standard deviation assumptions, such as the Gaussian Distribution, modern portfolio theory, and bell curve risk models. While this approach works great in fields like science, it has shown significant shortcomings during extreme market events, like the 2007-2009 financial crisis and the Covid-19 dash for cash. Why? Because standard deviation grossly underestimates real world risk.
Brookstone: What Market Concentration Means for Investors
In a recent discussion, Chief Investment Officer Mark DiOrio, CFA discussed the growing market concentration risk, focusing on the “Magnificent Seven” mega-cap tech stocks and their impact on the S&P 500. They highlight that just 10 stocks are currently responsible for around 80% of market movement, pushing the index to its highest concentration levels in 50 years. The conversation explains how the S&P 500's market-cap weighting amplifies this effect, making the index less diversified than it appears.
USA Financial: 4 Ways to Find Your Niche Market as a Financial Advisor
Niche marketing has many benefits for financial advisors: clients have a good reason to refer you, prospects can see themselves represented on your marketing collateral, and you get to optimize your knowledge of retirement or financial planning for that group. Don’t underestimate the strength it brings to be able to say that you've helped several clients in a similar situation or from a common source as the prospect you’re trying to close.