The roaring job market puts “boom inflation” back on the investor map

The roaring job market puts “boom inflation” back on the investor map

Instead, concern has shifted to what a booming labor market and rising costs for everything means for stocks and bond portfolios, particularly if it morphs into a resilient mix of higher growth and inflation. How to call such a scenario? “Boomflation,” said Kent Engelke, chief economic strategist at Capitol Securities Management, indicating that annual wage … Read more

How to find an LGBTQ ally financial advisor or advisor

How to find an LGBTQ ally financial advisor or advisor

Personal finances can be particularly daunting for members of the LGBTQ + community, who have faced exclusion and discrimination from their families and from financial and governmental institutions. According to an analysis by the Human Rights Campaign Foundation, gay men earn about 69 cents per dollar to their straight peers and lesbians earn about 89 … Read more

Because US lawmakers want bitcoin and ether to be under the control of the CFTC

Because US lawmakers want bitcoin and ether to be under the control of the CFTC

WASHINGTON – Leaders of a Senate committee will propose legislation that would assign oversight of the two largest cryptocurrencies, bitcoin and ether, to the federal agency that regulates milk futures and interest rate swaps. Senate Agriculture Committee Chair Debbie Stabenow and high-ranking Republican John Boozman of Arkansas are planning to introduce a bill on August … Read more

Will the stock market rally turn into a selloff? This bond market indicator could tip investors

Will the stock market rally turn into a selloff?  This bond market indicator could tip investors

Now that the Federal Reserve appears to have ditched its forward-looking guidance tool in favor of being “data dependent” to help inform its future rate path, investors should keep an eye on this indicator of inflation expectations for investors. signs of a change in market mood. Look at the five-year break-even inflation rate, one of … Read more

Opinion: Fidelity’s bitcoin move gets all the wrong publicity

Opinion: Fidelity’s bitcoin move gets all the wrong publicity

What would Ned Johnson do? The late, great Fidelity Investments honcho transformed his family’s Boston-based money management company into one of the largest in the world over the course of a long career. Johnson died on March 23 this year at the age of 91. On April 26, just over a month later, his daughter … Read more