Today's Breakfast with Benjamin includes: Facing the reality of capital gains, Hilton IPO sheds light on hotel stocks, hedge funds go long-only, and the Brits outshop Americans.
With the S&P 500 up more than 29% from the start of the year, on the heels of a 15% gain last year, it is a safe bet that there are plenty of taxable gains sitting inside client portfolios. But even if you feel the market is getting rich, it might be worth waiting until after Jan. 1 to cash out.
Waiting till after Jan. 1 to cash out means a whole year to harvest losses, experts say
Markets are poised for the Santa rally and January effect. Also in today's Breakfast with Benjamin: Cyber Monday becomes Cyber Week, global factory growth, CEO pay and stock performance, and financing 'The Twelve Days of Christmas.'
As retail investors continue to jump on the stock market bandwagon to join the strongest rally since 2009, a growing list of professional portfolio managers are heading in the opposite direction by unabashedly seeking shelter in large piles of cash.
For investors and advisers interested in the fast-growing and sometimes misunderstood fracking space, extreme caution might be the most prudent move. Lax disclosure is one of the problems.
Did Janet Yellen affect global markets? Better believe it. Also, four U.S. banks get cut by Moody's, some big names load up on gold and yes, there's an ETF with a chunk of Twitter. From <i>InvestmentNews</i> senior columnist Jeff Benjamin, who adds a Turkey Day preview.
Live from <i>IN</i> Best Practices Workshop: 'Compensation is not always a motivating factor'
Plus: How-to for advisers going solo, global investors bail on Obama, deflating market bubble babble
How to avoid getting black and blue on Black Friday, plus no discount on retail stocks, Dr. Doom's housing bubble theory, and a gift guide for the Wall Street wonk on your list. Expertly curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
