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In the Keystone State, $1.2 Billion Advisory Team Launches New Firm, Amplius Wealth Advisors, with Dynasty Financial Partners


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Dynasty Financial Partners today announced the launch of a new financial advisory firm based in Blue Bell, PA, Amplius Wealth Advisors. The principals of Amplius Wealth Advisors most recently worked for The Liebman Marks Group, a boutique wealth management group within Merrill Lynch Wealth Management and were advising on in excess of $1.25 billion in client assets. Amplius Wealth Advisors has a team of eight professionals including four advisors.
Joining from Merrill Lynch are the following advisors:
Samuel Liebman, Founding Partner & Chairman/Wealth Advisor
Matthew D. Liebman, Founding Partner & Chief Executive Officer/Wealth Advisor
Aaron Marks, Founding Partner & Chief Strategy Officer/Wealth Advisor ....

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Fox Business Will Launch Larry Kudlow in 4PM Slot


Fox Business Will Launch Larry Kudlow in 4PM Slot
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Fox Business Network will launch a new 4 p.m. program led by Kudlow on Tuesday, February 16, putting the former Trump economic adviser and CNBC personality on screen just as the stock markets close for the day. Fox Business did not offer a title for the new program, but said it would “feature closing market analysis as well as interviews with major industry leaders influencing Wall Street, Washington and business in America.”
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Kudlow’s show will air again at 7 p.m., an hour previously reserved for repeats of “Lou Dobbs Tonight.” Fox Business abruptly announced Friday that it was canceling Dobbs’ “Lou Dobbs Tonight,” its most-watched show. Dobbs is one of three anchors employed by Fox News Media who have been named in a defamation lawsuit filed by Smartmatic, a voting technology company, that is seeking $2.7 billion in damages for ....

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You Are What You Live Through As An Investor


You Are What You Live Through As An Investor
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It is appropriate and perhaps entirely ironic that the subject of this week’s Dividend Cafe comes at a time where we have recently seen some of the most bizarre, insane, and silly market activity, ever, and that this bizarre, insane, and silly activity is accompanied by totally incoherent commentary from various pundits, politicians, and “pros.”
Whoever said investing was all math and science is an idiot.
But the drama of last week’s market, and even the circumstances around the big headline story of the week (which has actually morphed into a multi-faceted story), really do serve as a reinforcement of the major principles, beliefs, and applications I want to highlight in this week’s commentary. I began writing this Dividend Cafe last weekend, and had conceptualized my thesis well before the drama hit the tape into the week. And I haven’t altered that thesis or even the way ....

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Wall Street's Changing Culture - LewRockwell


Wall Street’s Changing Culture
When Genius Failed is likely to be a classical primary authority.
Lowenstein is a deeply professional writer, who reduces the arcane complexities of derivative dealings to lucid prose, and focuses on the crucial components in a confusing complex story. He brings the icy precision of the battlefield surgeon to the deafening chaos of Wall Street conflict. His chilling assessments of such phenomena as the appalling Larry Hilibrand, perhaps the key force at LTCM, a strangely-diminished Alan Greenspan, and the sinister force of Goldman Sachs, are likely to prove definitive.
As a member of the Frank Veneroso/Le Métropole Café circle, and consequently feeling in possession of some first-hand knowledge of the LTCM smash, I found this book stimulating and informative. So also would others with professional involvement. This is not a book to be ignored. ....

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Gamestop Corporation (NYSE:GME) - How GameStop's Stock Became A Populist Rallying Cry


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If I told you a story about a group of everyday people bound together by a common, albeit fundamentally flawed belief, who pushed one another to extremes in a self-reinforcing internet echo chamber, risking everything to overthrow the powers that be, you might think I was offering a charitable summary of the events on January 6.
But I am not talking about the attack on the Capitol. I am talking about the infinitely more sympathetic squeeze brought to bear on big-shot short sellers this week by an army of bullish retail investors.
Now, to back up, there was a fundamental case to be made that Game Stop was both undervalued and over-shorted. But the impetus to buy based on fundamentals, to the degree that it existed, ended about $100 per share ago. ....

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