Stocks have spent months falling in fear of higher interest rates, and the future looks gloomier with a war and higher commodity prices. So why did the market soar when the Federal Reserve hiked interest rates by 25 basis points? To understand this, we need to go back to one of the basic building blocks of finance: time.
Recently a couple of Wall Street banks sent notes to clients about how to invest for a nuclear war and the end of the world. Sound crazy? These are crazy times…but what will happen to finance in a post-apocalyptic nightmare?
To be successful in the markets, you need to care more about making a profit, and Russian investors are now learning that the complexities of financial infrastructure and financial theory matter much more than “line goes up”.
Curious what it means to be a CFA charterholder? Zolio digs deep in the cheapest—and hardest—in-road to a career on Wall Street
The wash sale rule was created to discourage fast sales to get tax write-offs, but it also has a curious side effect: helping fund managers get rich.
The Federal Reserve has just made a really, really big move—but it was done so subtly and so quietly that only the most ardent Fed watchers on Wall Street noticed. What was it? Zolio explains.