Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.
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Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.