The Federal Open Market Committee voted unanimously to increase its target for the federal funds rate to a range of 4.75% to 5%, the highest since September 2007, when rates were at their peak on the eve of the financial crisis
The rise of trading in derivatives contracts that expire within 24 hours is disrupting the daily motions of the US equity market.
Aisha Hunt and Ryan Charles, principals at KH&C, discuss what advisors need to consider when thinking about converting separately management accounts into ETFs and how this will impact their clients.
By selling stocks at a loss, those losses can now lower, and potentially offset the tax bill Wood’s funds could receive on future capital gains.