Sat.Jan 06, 2024 - Fri.Jan 12, 2024

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Inflation Is Already Back on the Rise. Will the Fed Raise Rates Again?

The Motley Fool

Image source: Getty Images Inflation has been making many consumers miserable since 2021. That year, living costs began to surge as consumers found themselves with extra money thanks to generous stimulus policies at a time when there was a limited supply of goods. At this point, though, many consumers have depleted their stimulus-related cash savings and are having a hard time coping with higher expenses.

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Americans Are Better Off Than You Think

A Wealth of Common Sense

Bernie Sanders was railing against wealth inequality again last week: The rich do control most of the financial assets in this country. The top 10% owns close to 90% of the stock market in the U.S. Most of the income gains in the past 40 years or so have gone to the wealthy. That’s not great. But the idea that two-thirds of all Americans cannot cover an emergency expense simply doesn’t hold up to the facts.

Assets 135
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MiB: Cathy Marcus, Co-CEO, Global COO of PGIM Real Estate

The Big Picture

 This week, we speak with Cathy Marcus , co-chief executive officer and global chief operating officer of PGIM Real Estate , which manages over $200 billion in assets. As co-CEO, Marcus develops and leads the company’s global strategy; as global COO, she is responsible for overseeing business and investment operations globally. She is also co-chair of the board of directors of RealAssetX , PGIM Real Estate’s innovation lab aimed at accelerating advancement in the real assets industry.

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Iceland’s LV battens down for AI and ESG-linked volatility ahead

Top 1000 Funds

The CIO of Iceland's second largest pension fund outlines the importance of diversification overseas – and the challenge of not being able to hedge inflation in the fund's liabilities because of limitations in the banking sector.

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3 Reasons Not to Get a New Car in 2024

The Motley Fool

Image source: Getty Images If you have a number of lofty goals set for 2024, you're probably in good company. Many people make personal finance resolutions at the start of a new year, and one of yours might be to replace your old clunker of a car with a newer model. It's easy to see why you'd want to upgrade your car, especially if you drive often. But here's why you may want to avoid buying a car this year.

Financing 278
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Updating My Favorite Performance Chart For 2023

A Wealth of Common Sense

I’ve been writing at A Wealth of Common Sense for more than 10 years now. That means we’re going on a decade’s worth of asset allocation quilts on this blog. The moral of the story is I’m getting old. Here’s the latest update through the end of 2023 along with those 10 year trailing returns: Some observations: Bad to good and good to bad.

Assets 118

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1X Raises €91M in Series B Funding

FinSMEs

1X, a Moss, Norway-based robotics company producing androids, raised €91M in Series B funding. Backers included EQT Ventures and other investors. The round also facilitated a secondary transaction where existing shareholders Sandwater and Skagerak Capital participated. New investors in the secondary transaction included Samsung NEXT and the Nistad group.

Funds 109
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One-Third of My Portfolio Is in These 3 Stocks

The Motley Fool

When it comes to diversification, I find myself agreeing with the late Charlie Munger. "The whole secret of investment is to find places where it is safe and wise not to diversify," Munger once said. For an investor focused on speculative growth stocks, diversification is the name of the game. When the risk associated with any individual stock in your portfolio is high, spreading out your investments is essential.

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Historical U.S. Stock Market Returns Through 2023

A Wealth of Common Sense

It’s always bittersweet when the holidays are over. I love Christmas time. The decorations. The parties. The food. The movies. Family time. But I also have something to look forward to when the kids finally go back to school after Christmas break — it’s to update some historical stock market data! I rely heavily on two sources when it comes to historical performance numbers: Returns 2.0 from DFA and the.

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Norwegian VC firm Sandwater just raised double its target for its inaugural impact fund

AltAssets

Oslo-based venture capital firm Sandwater has hit double its fundraising target to reach a NOK1.4bn ($135m) final close for its inaugural fund. The post Norwegian VC firm Sandwater just raised double its target for its inaugural impact fund first appeared on AltAssets Private Equity News.

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CharacterX Raises $2.8M in Seed Funding

FinSMEs

CharatcterX, a San Francisco, CA-based provider of a decentralized AI social network, raised $2.8M in Seed funding at a $30m valuation. The round was led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital. Investors also included CGV, ZC Capital, GRI, Fermion Capital, 84000LP, Fan Zhang, and others. The company intends to use the […] The post CharacterX Raises $2.8M in Seed Funding appeared first on FinSMEs.

Funds 109
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Didn't Save Much for Retirement in 2023? 5 Ways to Course-Correct in 2024

The Motley Fool

The new year is a time of looking forward, but we also wind up looking back at all we accomplished last year -- and all we didn't accomplish. If you fell short on your plans to beef up your retirement account in 2023, it's OK. You're definitely not alone. And for most people, there's still time to get things back on track. These five steps can help you get off to a strong start in 2024.

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BlackRock cuts 600 staff as asset managers defend profit margins

Financial Times: Moral Money

Fink and Kapito say headcount will increase this year as firm invests in technology and new offerings

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Seven Hills Capital races to three month finish of its inaugural fund

AltAssets

Healthcare services-focused Seven Hills Capital has held the first and final close of its pilot fund at a hard cap of $125m. The post Seven Hills Capital races to three month finish of its inaugural fund first appeared on AltAssets Private Equity News.

Capital 99
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Rincell Corporation Raises $1.2M in Seed Funding

FinSMEs

Rincell Corporation, a San Francisco, CA-based chemistry battery cell manufacturer, raised $1.2M in Seed funding. The round was led by NextGen Battery Chem Ventures LLC. The company intends to use the funds to get its 18650 and 21700 silicon-graphite batteries ready for commercial production in CY2024. Founded in 2023 by Jignesh Parikh and Dr. Jagjit Nanda, Rincell Corporation is […] The post Rincell Corporation Raises $1.2M in Seed Funding appeared first on FinSMEs.

Funds 109
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3 Best Artificial Intelligence Stocks to Buy in January

The Motley Fool

Artificial intelligence (AI) stocks are plentiful in the market. While there may not be many "pure plays" available, several companies have AI solutions that are deeply integrated, making them great AI investments. These are the companies I like to focus my AI investments on because they aren't an all-or-nothing pick on AI proliferation. Among the stocks I think are solid picks are Super Micro Computer (NASDAQ: SMCI) , Taiwan Semiconductor (NYSE: TSM) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL

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How Denmark’s Industriens is exploring AI to overhaul risk analysis

Top 1000 Funds

Industriens, the DKK 217 billion ($30.6 billion) Danish pension fund, is using advanced technology and exploring AI models to bring sweeping advantages to its risk management processes. Julia Sommer Legaard explains the process behind the innovation.

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SEI and Phillies Launch Contest for Mural at Citizens Bank Park

SEI

Local Artists Invited to Submit Ballpark Mural Concepts by January 26, Initiative Underscores Mutual Commitment to Building Community Connections

Banks 98
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hyperexponential Raises $73M in Series B Funding

FinSMEs

hyperexponential, a London, UK-based leader in pricing decision intelligence (PDI) software, closed its $73m Series B funding round. The round was led by Battery Ventures, with participation from a16z, and existing investor Highland Europe. Sponsoring its Series B investment and joining hyperexponential’s board as a director is Battery Ventures Partner Marcus Ryu, Co-founder, Chairman, and former CEO of […] The post hyperexponential Raises $73M in Series B Funding appeared first on F

Funds 108
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1 Growth Stock Down 68% to Buy Right Now

The Motley Fool

Dutch Bros (NYSE: BROS) stock appears to have started off its life as a public company on the wrong foot. It sells today at a 68% discount to the all-time high it set soon after it went public in the fall of 2021 Still, even as investors were bidding down the stock, Dutch Bros was pushing headlong into its nationwide expansion plan, adding coffee shops at a rapid clip and growing revenue.

Bidding 264
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Why are MBAs not keeping pace with a changing world?

Financial Times: Moral Money

Today’s programmes largely treat sustainability as an add-on.

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Mural at Citizens Bank Park

SEI

SEI and the Philadelphia Phillies invite local mural artists to create a work of art that celebrates Philadelphia.

Banks 105
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eCargo Raises US$5M Debt Facility

FinSMEs

eCargo Holdings Limited (ASX: ECG), a Hong Kong-based supply chain company helping brands expand and sell more in the Asia market, secured a new private debt facility with AlteriQ Global, an Asia-focused private credit investment firm, for US$5M. The company intends to use the amount to accelerate the continued growth of its proprietary B2B eCommerce […] The post eCargo Raises US$5M Debt Facility appeared first on FinSMEs.

Debt 109
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Will Amazon Stock Keep Soaring in 2024?

The Motley Fool

You might have missed it, but Amazon (NASDAQ: AMZN) stock quietly gained 81% in 2023. While the market's attention was focused on Nvidia and other AI stocks amid the fanfare over ChatGPT and other generative AI applications, Amazon had one of its best years on record. The tech giant added roughly $700 billion in market value and bounced back from the 2022 bear market that saw its stock price get sliced in half.

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BlackRock to buy Global Infrastructure Partners for $12.5bn

Financial Times M&A

Deal would create world’s second-biggest infrastructure firm and shake up private market investing

Investing 111
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Australian regulator steps up greenwashing crackdown

Financial Times: Moral Money

Three funds taken to court over erroneous claims in 2023 with more action to come

Funds 107
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Impact Analytics Raises $40M in Growth Funding

FinSMEs

Impact Analytics, a Linthicum Heights, MD-based provider of retail, grocery, CPG and supply chain-focused planning and merchandising software built with native AI, raised $40M in Growth funding. The round was led by Sageview Capital with participation from Vistara Growth. As part of this transaction, Jeff Klemens, Partner at Sageview Capital, and Prashanth Palakurthi, Senior Advisor at Sageview […] The post Impact Analytics Raises $40M in Growth Funding appeared first on FinSMEs.

Funds 109
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This State Has the Most Expensive Auto Insurance -- Here's Why

The Motley Fool

Image source: Getty Images Auto insurance premiums can vary considerably based on where you live. In simple terms, drivers in certain states are more likely to get into accidents or file insurance claims, and premiums reflect that. With that in mind, here's a look at which state has the most expensive auto insurance, and what factors can make auto insurance more or less expensive in a particular state.

Companies 246
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Are You Bullish or Bearish in 2024?

The Big Picture

What are the Bull and Bear cases for 2024? I don’t do annual forecasts1 because the short-term is way too random. Instead, I prefer to consider market history and recent data, and ask “What are the possible and probable outcomes for this year?” I find it very useful as an investor to be able to see both sides of the bull-bear debate.

Bidding 131
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71% of Warren Buffett's $358 Billion Portfolio Is Invested in Only 4 Stocks

The Motley Fool

If you've ever wondered why professional and everyday investors pay so much attention to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett, look no further than his investing track record since becoming CEO in the mid-1960s. Over this nearly six-decade stretch, he's overseen an aggregate return in his company's Class A shares (BRK.A) of better than 4,480,000%, as of the closing bell on Jan. 5.

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Ranked: Car Insurance Companies With the Best Rates Now

The Motley Fool

Image source: Getty Images What auto insurance companies have the cheapest rates? While it's impossible to say where you will find the cheapest auto insurance rates, there is publicly available information that shows where the lowest average monthly premiums are. With that in mind, here are 10 of the largest U.S. auto insurance companies, ranked in order from cheapest average premium to most expensive.

Companies 246
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Billionaire Investor Bill Ackman Has 34% of His Portfolio Invested in 2 Brilliant Growth Stocks

The Motley Fool

Bill Ackman runs Pershing Square Capital Management. He is perhaps best known for a disastrous short position in Herbalife , a nutrition company he called a pyramid scheme. Ackman made a $1 billion bet against Herbalife in 2012, expecting the stock to go to zero, but it had doubled by the time he exited the position in 2018. However, Ackman has made some excellent moves in the market as well.

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This Spotify Premium Hack Can Save You Over $30 a Year

The Motley Fool

Image source: Getty Images Streaming apps have grown in popularity over the last few years. These services offer convenient access to streaming entertainment solutions at home and on the go. However, many users have felt the strain of increased subscription prices. If you're looking for a way to save money on the cost of your Spotify Premium subscription, we have a hack for you to try.

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Why Marathon Digital, Riot Platforms, and Microstrategy Plunged Today

The Motley Fool

The impressive volatility we've seen in many top cryptocurrencies to kick off the year has been noted by many investors. However, results have been mixed for crypto-adjacent companies, with today's moves in Marathon Digital (NASDAQ: MARA) , Riot Platforms (NASDAQ: RIOT) , and Microstrategy (NASDAQ: MSTR) reflecting a 7% downside move in Bitcoin (CRYPTO: BTC) , which tends to drive the price action of these companies, given their large Bitcoin holdings.