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Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy

by The Wealth Advisor Contributor
Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimately lead to stronger economic outcomes.That philosophy is already being tested.

Featured

LPL Financial Addresses Growing Advisor Interest In AI

LPL Financial addressed growing advisor interest in artificial intelligence during its first-quarter earnings discussion, particularly in light of market reactions earlier this year that raised questions about how emerging AI capabilities

Templeton Manager: Why Client Portfolios Need Emerging Markets

Emerging markets (EMs) may be entering a more durable period of outperformance, according to Andrew Ness, who argues that structural shifts in the global economy are tilting the balance away from developed markets.

'Magnificent 7' Earnings Rush Reveals AI Spending Surge, With Hyperscaler Capex Set To Reach $725 Billion In 2026

(Yahoo! Finance) - The biggest companies making the biggest artificial intelligence investments signaled Wednesday that they’re not done raising their investment ambitions to meet this moment.

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Washington Wire

America's National Debt Is Now Larger Than The Entire Economy

(Yahoo!

FundFocus

Yen Soars As Japan Intervenes After Issuing ‘Final’ Warning

(Bloomberg) - The yen surged as much as 3%, its biggest intraday gain in almost two years, after Japan intervened in the foreign-exchange market, hours after officials delivered

Companies

Apple Tops Q2 Earnings Estimates On Strong iPhone, China Sales

(Yahoo!

The Trust Advisor

Beyond the Call Center: Fiduciary Trust Shows Custody Still Matters in Wealth Management

Scott S. Sumner, Vice President and Head of Custody at Fiduciary Trust Company, explains why custody deserves strategic consideration from advisors serving high-net-worth clients. From trust accounting capabilities to same-day wire escalations, Fiduciary Trust has built its operations around one principle: custody should never drag down the advisor-client relationship. Learn how keeping operations in-house and maintaining direct advisor access changes the custodial experience.

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FundFocus

Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO

Model Portfolios + Strategists

“Sleep Like a Baby” Portfolio is Delivering One of Its Strongest Years on Record

The Trust Advisor

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

Companies

The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

Companies

Microsoft Beats But Expectations Were Steep

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