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The Daily Upside is a business and financial news publisher covering markets, corporate earnings, investing trends, and the economy for a professional audience.
Morningstar research finds 40% of advisors now offer private-market investments, up from 35%, while comfort explaining them fell to 61% from 68%. Washington is pushing alternatives into 401(k) plans, so the explaining falls to a group whose confidence is slipping.
Reality
Defensive sector funds took in $1.8 billion in September while sector ETFs as a whole lost $112 million, The Daily Upside reported. State Street's Matt Bartolini says flows into one utilities fund hint at shares created for short sellers to borrow.
Reality
Buyers pulled the 10-year Treasury yield from a 24-year high of 5.34% to a 5.233% close on Thursday, after its biggest quarterly rise since 1994. Part of that demand was a flight to safety, and part was a bet that the Fed holds off on further hikes.
Perspective Coverage
3 publishersReality
One third of parents say they have never discussed estate, healthcare or retirement plans with their children. Advisors say fixing that keeps the money in-house when those children inherit, though the figures Fidelity reported measure confidence.
Reality
Several providers now hold more than $5 billion in pooled employer plan assets, and the one benefit anyone has put a number on is the 40 to 50 hours of staff time an employer skips when the mandatory annual audit goes away.
Reality
David Booth told The Daily Upside that neither mutual funds nor ETFs are inherently superior, and the work that made his $1.1 trillion firm a top active ETF manager was a regulatory petition plus a run of fund conversions.
Reality
A Kellogg study of 50 million job ads finds remote roles want 25% more skills at the same title and employer, while the New York Fed attributes 64% of the rise in young-graduate unemployment to working from home.
Reality
Four years into an AI-led bull run, the work being done in client portfolios is cash matching against dated obligations. Dalio's wealth-versus-money line is the operational part.
Reality
A mandatory sell-to-cover accounts for roughly 0.05% of insider selling since the lockup expired. The scheduled tranches behind it moved 307,692 shares at a time.
Reality
Hypatia's WCEO beat the S&P 500 by more than seven points this year and now has a three-year record. It still trails its own small-cap benchmark, and it still cannot get on the platforms.
Reality
Gap's namesake brand grew sales 10% in the first quarter and Abercrombie posted record net sales. The cycle is shared; the results are not.
Reality