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.

Systematic Hedge Funds Pummeled in Post-U.S. CPI Stocks Rally - Goldman Sachs

Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday.

BlackRock Files for Spot Ethereum ETF to Further Crypto Push

Asset management giant BlackRock on Thursday officially filed for a spot ethereum exchange-traded fund (ETF), doubling down.

Ken Griffin: Miami Could Surpass New York City as Premier Financial Hub

Ken Griffin, the esteemed billionaire and founder of Citadel, has expressed his belief that Miami could potentially surpass New York City as a premier financial hub in the United States.

In a conversation with Bloomberg, Griffin emphasized that Miami epitomizes the future of America, suggesting that its growth trajectory could eventually eclipse that of New York's famed financial district.

Growing US Debt Putting Considerable Strain on Economy: Market Strategist

Burgeoning debt of the United States is placing considerable strain on its economy, compelling investors to consider reallocating their assets.

JPMorgan has Cautious View of the Current Market Rally

JPMorgan expressed preference for commodities over government bonds citing global uncertainties and cautious view of current stock market rally.