Aging bull: Why this 4-year-old stock-market rally still packs a punch
History shows bull markets that get past their fourth year rarely throw in the towel, according to Truist Advisory Services.
History shows bull markets that get past their fourth year rarely throw in the towel, according to Truist Advisory Services.
Horizon, a Charlotte, N.C.-based wealth services firm, completed the purchase of LSA Portfolio Analytics, a Missouri-based provider of outsourced chief investment officer services. Founded in 2005 by Brad Kasper and Ryan Kasper, LSA provides independent financial advisors with access to research, portfolio analytics and investment models, serving more than 200 advisory firms across the country….
A man who ran a Texas-based investment company will spend 11 years in prison after pleading guilty to a $35 million Ponzi scheme, according to the Justice Department. U.S. District Judge Zachary M. Bluestone handed down the sentencing to Siddharth Jawahar, an illegal immigrant, who was ordered to pay $31.35 million in restitution to victims….
We’ve all had awkward moments. Disagreements at work. Faux pas in formal settings. The odd harmless fib that spins out of control. In the commercial real estate trade right now, the most awkward moments might be coming via a new trend that we covered this past week: owners such as RXR, SL Green, Ares Management…
Prince Harry has offered a rare update on how his and Meghan Markle’s two children are adjusting to their new life in the U.K.—weeks after the family traded California for Britain. The Duke of Sussex, 42, revealed that Prince Archie, 7, and Princess Lilibet, 5, are settling into their new school after the family relocated…
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.54%. September E-mini S&P futures (ESU26) fell -0.07%, and September E-mini Nasdaq futures (NQU26) fell -0.48%. Stock indexes fell on Wednesday as soaring crude prices pushed bond yields higher,…
An 80-year-old food manufacturer is consolidating its Southern California operations into a new 120,000-square-foot facility in Santa Fe Springs, in the first deal backed by a recently formed alliance of four Los Angeles County industrial cities. Juanita’s Foods will move production from its longtime Wilmington plant to 13100 Arctic Circle in Santa Fe Springs. The…