Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “Average monthly inflows have fallen from $30 billion to closer to $10 billion — a rate Nick Colas from DataTrek Research said will be the new norm. “We’re not going to have...
We saw two items last week that got us thinking about the historical arc of wealth management services over the last 100 years or so: Gloria Vanderbilt’s passing at the age of 95 sent us looking for a famous anecdote about the family. In 1973,...
Excerpt of Bloomberg quoting DataTrek Research: …. “The important thing to note, though, is that companies have been busy lowering their expectations at a more pronounced rate than usual, according to DataTrek Research. Citing FactSet...
Gold is breaking out after a very long stretch of inactivity: Friday’s close at $1,400/oz puts the yellow metal at +8.9% on the year. The last time gold was at similar levels was in mid 2013. Over the last 5 years it has meandered between...
By DataTrek Co-Founder Jessica Rabe I just got back from a conference in Chicago, where I presented on the legal marijuana industry. Given that the audience included very senior investment managers who control billions of dollars, we thought it...
Chalk up another win for the “Fed drift” – the documented market anomaly that sees US equities rally in the 3-day period around a Federal Open Market Committee meeting. Researchers at the New York Fed first documented this phenomenon in...
