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Join the fun run. And, boy, has it. Today, the dow scored a small gain, but it was enough for the industrial averages ninth Straight Record close and tenth consece overall gain. Not much left to add to that, so lets get to the numbers. The dow rose 25 points to 22,118. Nasdaq added 32. And the s p tacked on 4. It also closed at a record. While we sit at record levels, theres always concerns that the market is too pricey, but noted investor leon pros havent he doesnt thin gotten too far ahead of themselves. I think the market is fully value on fundamental basis. E eu. Optimism for sure. Look at all the strategists that make a forecast a year out, nobody has a down market which makes you scratch your head and worry. Cooperman also said his firms biggest position is in googles parent, alphabet. Alphabet falls into that category of big name highmomentum stocks. That group has been a major driver of the overall market, but they slowed ....
Novia Financial has seen a drop in its assets under administration (AU) despite growing its customer base. The adviser-focused platform business reported that its AUA reduced by 2.4% to £8,7bn in 2022. It put down the reduction to a “challenging year for investors, following global market volatility”. ....
Good morning and welcome to your Morning Briefing for Thursday 24 August 2023. To get this in your inbox every morning click here. New advice business launches A trio of former First Wealth financial planners - Scott Millar, Rob Schwarz and Rob Bell - have set up their own advice firm called Finova Money. The firm ....