Bank earnings loom large; LVMH sales underwhelm – what’s moving markets

From the “Adjusted for Risk” podcast, host Ryan Nauman interviews Wayne Penello, founder and CEO of NextGen EMP, about practical risk management for investors and advisors. Penello shares his background as a NYMEX options market maker and commodity risk consultant, emphasizing translating risk into meaningful metrics like budget outcomes and drawdowns rather than simple volatility….

“Real Housewives of Beverly Hills” star Dorit Kemsley and her estranged husband, PK Kemsley, have reportedly been “ordered” to list their longtime Los Angeles mansion after a prolonged legal dispute during which the businessman admitted they were experiencing a “financial crisis.” Dorit, 50, and PK, 58, are in the midst of a contentious divorce that has been…

The White House press pool covers and travels with the U.S. president every day, providing news outlets and the public with a near-constant stream of information on the leader’s activities. With the television pool suspending coverage of President Donald Trump after he banned CNN, MS NOW and Politico from the White House, the public could…

Herner argued the MFDA’s handling of that process, combined with the OSC’s review of his registration applications after he switched dealers in 2015 and 2016, cost him clients, assets under administration, and income. He accused the MFDA of malicious prosecution and negligent investigation, and accused both regulators of misfeasance in public office, abuse of process,…

Institutions are expected to continue seeking liquidity given that distributions remain well below historical levels. Secondaries managers, the report notes, are buying seasoned assets, shortening the J-curve and returning capital faster, while also offering diversification across vintage, general partner, geography, industry and stage. Real estate valuations are described as having fallen from 2021 peaks, often…