How to handle a sudden financial windfall

Think of it as a problem we all wish we had. But still consider it a potential problem. After all, to manage your hard-earned cash wisely, you need a plan. The same is true when riches appear seemingly overnight. Sudden wealth can take many forms. A lump sum pension, a sizeable inheritance, legal damages in … Read more

Credit Suisse resets with a retreat from Wall Street

Credit Suisse Group<span class=”company-name-type”> AG</span> CS <span>-19.79%</span> plans to cut thousands of jobs and raise about $ 4 billion in fresh capital as it funds a withdrawal from Wall Street deals and exchanges and attempts to recover from a near-existential crisis. The radical overhaul is an attempt to overcome a period of scandals, heavy losses, … Read more

Josh Brown: “If people don’t get fired, it’s not a recession”

““You can’t have a recession if people still have their jobs and don’t have a problem finding their next job. So I don’t care what the NBER says. … If people aren’t fired, then it’s not a recession ”.“ It was Josh Brown, CEO of Ritholtz Wealth Management, on stage at MarketWatch’s Best New Ideas … Read more

“Some twisted logic about valuation multiples”: stock market investors seem complacent when rates rise, warns Morgan Stanley

The stock market has been complacent in the face of rising real yields and expectations of a higher terminal value for the federal funds rate, movements observed in the bond market following higher-than-expected inflation in August, the division warns. asset management of Morgan Stanley. “We would have expected a stock market reaction by lowering valuation … Read more

Do I need a financial advisor or should I do it myself?

D.or do you need a financial advisor? The answer depends on several factors: the complexity of your finances, how comfortable you are in managing investments, where you are on your wealth journey and where you would like to be. The advisor’s mission is to bridge the gap between where you are financially and where you … Read more

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