The “mother of all bubbles” is due to pop soon as U.S. outperformance has been inflated by massive amounts of debt, warned Ruchir Sharma, chair of Rockefeller International. The U.S. has become too addicted to debt, and attempts to rein it in will eventually weaken economic growth and corporate profits, according to Ruchir Sharma, chair … Read more
Are you expecting a year-end bonus? If so, you’re probably dreaming up all the ways you could spend that windfall. The average bonus was $2,447 in December 2023, according to payroll company Gusto. That’s a sizeable chunk of change — one that could put you in a better place financially in 2025 with proper planning. … Read more
According to data from CNBC going back to 1980, the Nasdaq and other benchmark indexes have historically risen in the months following a presidential election. This trend has continued in 2024, with the tech-heavy index up by around 10% since Donald Trump’s win on Nov. 5. A new administration can mean less political uncertainty, making … Read more
TOKYO (Reuters) – Japan’s factory activity shrank at a slower pace in December as declines in production and new orders eased, a private-sector survey showed on Monday, edging closer to stabilisation after recent falls. The final au Jibun Bank Japan manufacturing purchasing managers’ index (PMI) rose to 49.6 in December, indicating the softest contraction in … Read more
Good morning. CFO turnover continued to increase this year. CFO poaching, planned retirements, or promotions to other C-suite roles are among some of the catalysts. However, as companies ramp up for more activity in 2025, CFO turnover could become an obstacle for M&A and succession planning. Chief executives, the strategic partners to CFOs, see more … Read more
January 10, 2024 Jim and Chris sit down to continue to their discussion on some defined outcome treasury inflation protected securities (TIPS) ETFs. Podcast: Play in new window | Download (Duration: 1:02:21 — 28.5MB) Subscribe: Check out the background of firms and investment professionals on SEC’s Adviser Info Page. Jim Saulnier and Associates | 970-530-0556 … Read more
The stock market hates surprising economic news. The latest evidence: Stocks plummeted on Wednesday after Fed officials signaled that they expect to cut interest rates only two times next year — down from the four projected in September. The news triggered a sell-off that ended in a 3% drop in the S&P 500 (^GSPC) and … Read more