Second quarter earnings season, which winds down this week and next, has met some of the highest expectations. Strong beat rates, big upside earnings surprises, and increases in estimates during the past four weeks were consistent themes that gave investors very little to complain about.
Todd Rosenbluth, Head of Research at VettaFi, offers an in-depth look at the forthcoming multi-share class structure and what it means for both investors and fund issuers. Paul Baiocchi, Chief ETF Strategist at SS&C ALPS Advisors, explores the key trends driving the next wave of ETF growth and innovation.
What is one of your “hard truths” about money? An assumption like “money is power” that you have never questioned? “Truths” like these are financial beliefs, or money scripts, that often sound completely reasonable on the surface. But in my work as a financial therapist, I’ve learned that these money scripts aren’t facts.
A high-yield municipal-bond fund run by Capital Group saw the biggest inflow of any US-based exchange-traded fund on Friday, with an infusion of $1.54 billion.
In this article, I will discuss the automatic Social Security bridge strategy built into the AFP models and look at several hypothetical client situations to quantify how much a Social Security bridge strategy (SSBS) may actually enhance your retired client’s retirement security.
Imagine having the ability to withdraw funds during retirement without worrying about the tax bill that typically accompanies your withdrawals. With in-plan Roth conversions, you gain this advantage and enjoy the satisfaction of knowing your investment will grow tax-free.
A portfolio of longish-term bonds held to a shortish-term horizon did appear to benefit from a drop and suffer harm from a jump in interest rates. This article’s purpose is to sharpen that observation and remove the ambiguity.
Morgan Stanley had an unusual message when it approached four of the world’s biggest asset managers in July: they had progressed to the final round of one of the most sought-after private credit deals to date. But if they wanted to get to the finish line, they would need to pair up.
Lauded for their yield, credit quality, and of course, their federal tax-free income, municipal bond benefits are also extending into the containment of tariff contagion.
Recently, due to deals President Trump is making, some are saying the United States has embarked on a version of Chinese-style “state capitalism” – directly entangling markets and government.
Investment assets – things such as stocks, bonds, companies, and buildings – have a value, which is sometimes referred to as their “intrinsic value”: what the asset is “worth” at a point in time. This value is subjective. It can’t definitively be found anywhere – not even by AI, as far as I know – and opinions will differ as to what it is.
On the latest edition of Market Week in Review, Global Chief Investment Strategist Paul Eitelman recapped the stock market’s latest record-setting run. He also dug into the health of the global economy and the latest inflation numbers from the United States.
Elevated yields and conservative balance sheets are helping high yield stay resilient amid trade uncertainty.
Since the last update of our three ‘Tactical Rules’ on June 17th, both domestic and international equity markets have rallied, increasing roughly 6.9% and 3.7%, respectively.
July inflation data emphasized that tariff-related price pressures are still with us, in addition to some heat in the services sector—making the road to Fed cuts a bit bumpier.
Markets entered the second half of 2025 with renewed optimism, though not without turbulence earlier this year.
Younger workers are facing difficult employment prospects.
Chief Economist Eugenio J. Alemán discusses current economic conditions.
In the grand banking hall of Cipriani 42nd Street in Manhattan last week, crypto advocates gathered beneath marble columns and chandeliers to declare the arrival of a new financial era — one that goes way beyond Bitcoin.
A group of investors led by the owner of several boutique New York hotels agreed to take Soho House & Co. private in a $2.7 billion deal for the members’ club operator that’s struggled since its initial public offering.
Despite triple the amount of tariff income, the July budget deficit surged to $294.14 billion, 19 percent higher than a year ago, according to the Monthly Treasury Statement.
After a mega, multi-year run of outperformance in U.S. equities over non-U.S. equities, investors have begun to question their regional equity weights.
Almost 15 years ago, I had a finance job in Austin which I did from my apartment in Manhattan. Although I was under constant pressure to move to Texas, I argued that because I worked in finance and media, leaving New York would hurt my career, and I’d have to be compensated for that loss.
The latest wholesale inflation numbers in the U.S. took some of the wind out of Wall Street’s sails this week, but they haven’t dulled investor enthusiasm for gold.
Foreign investors are flooding into South Africa’s government bond market to take advantage of one of the best emerging-market trades of recent years.
On this episode of the ETF of the Week podcast, VettaFi’s Head of Research Todd Rosenbluth discussed the Avantis International Small Cap Value ETF (AVDV) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
While stock indexes generally give a broad idea of what is happening, they can greatly overlook the performance of many individual stocks.
There is a seasonality in asset class investment performance that is revealed in the history of calendar month returns. Based on history, investors should be “all in” U.S. stocks this August but “mostly out” in September.
While the US has indeed enjoyed a tremendously exceptional economic environment over the past 125 years, this has not translated into earnings growth that US companies could freely tap into.
My takeaway from the GPT-5 launch has been that while AI companies can tout overall performance on various benchmarks, these are becoming increasingly less relevant.
Vanguard Group has filed plans with the Securities and Exchange Commission for its priciest exchange-traded funds yet as the asset management giant seeks to beef up its actively managed lineup.
Emerging-market funds are pivoting to capture the artificial intelligence craze, with some investors predicting that booming technology spending will drive returns for years to come.
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the country’s stock market.
Advanced Credit Solutions is a tiny finance firm based in Luxembourg that was founded by a Belgian and works with insurers. Despite its outwardly bland appearance, the business it does is anything but.
To benefit from a corporate buyback, an individual must sell their shares to the company. Conversely, those holding on to their shares are not compensated.
With economic data, the challenge is that our instruments are more error prone. The monthly jobs reports rely on employers responding to surveys correctly and quickly.
U.S. economic growth slowed decisively in the first half of the year amid concern about rising tariffs, although corporate fundamentals have remained strong.
The top articles on Advisor Perspectives during the month of July featured some of the most popular longtime writers for the site, as well as a few newcomers.
High yield bonds have historically delivered attractive long-term returns, and since the Great Financial Crisis they have also become higher quality, as weaker borrowers have departed the sector for the private credit and leveraged loan markets.
The U.S. economy is like a finely tuned sports car—powerful, tough, and built for speed. It has managed to climb steep inclines in recent years, competently maneuvering past multiple roadblocks.
The day of reckoning is here. Earlier in the summer, the Trump Administration set a global trade deal negotiation deadline of August 1.
After some back-and-forth over whether gold bullion imports into the United States would be hit with tariffs, the Trump administration confirmed yesterday that they will not be. In response, spot gold fell 1.62% and spot silver dropped 1.86%.
For the second quarter of 2025, most energy infrastructure companies maintained their payouts, with MLPs largely providing sequential growth.
As the universe of investors seeking to increase their exposure to private markets grows, and now includes wealth advisors and family offices, investors need to consider not just what they own but how they own it.
Markets are driven by fear and greed, with recent fears centered on the perceived perils of investing when markets have just reached an all-time high. Fundamental Equities Global CIO Tony DeSpirito suggests this concern may be overblown, with historical patterns showing that investing at market highs has had little to no impact on longer-run performance outcomes.
High yield ETFs, particularly short high yield, have been a significant contributor to portfolio performance, providing relatively reliable fixed income return with relatively little volatility.
In this video, Chuck Carnevale, co-founder of FAST Graphs, aka Mr. Valuation discusses Growth at a Reasonable Price (GARP) and presents five small- to mid-cap growth stocks at a reasonable price he believes are worth researching.
Last week, the S&P 500 had a rally that took it to 3 straight record highs. The momentum cooled as economic data painted a complex picture.
Borrowing can offer flexibility and align with long-term financial goals.
Advent is working on an offer to acquire U-blox Holding AG in a deal that could value the Swiss maker of positioning chips at more than 1 billion Swiss francs ($1.2 billion), according to people familiar with the matter.
