Hawkish Warsh and Declining Oil Prices Impact Risk Markets
Executive Summary Major U.S. stock indexes ended the volatile week higher as cautious optimism around a possible U.S.-Iran agreement, declining oil prices, and continued broadening beyond large-cap technology shares helped offset mixed inflation data and volatility in artificial intelligence (AI)-related stocks. Small-cap equities led the advance, with the Russell 2000 Index rising 3.9%, while the […]
The New Question Wealthy Families Are Asking
A significant amount of new wealth has been created over the last few years, and that trend is likely to continue. Some of it will come from business sales, some from stock compensation, and some from liquidity events that transform years of accumulated paper wealth into real wealth. When that happens, most families instinctively focus […]