Amid still-strong consumer spending and economic growth that may be slowing but remains positive, the Fed is not yet ready to consider the job market in crisis - it just wants to avoid creating one.

Outside of retail, Blackstone has been going in aggressively on multifamily and single-family rental acquisitions. At the beginning of the year, the company purchased Sunbelt-based single-family rental developer Tricon Residential — with 38,000 homes — for $3.5B. 

“The real estate investment opportunity is highly compelling,” Nuttall said, adding that the firm has a “full pipeline as some owners of real estate seek liquidity and sell their best assets.”

Brian Pascus | Commercial Observer We’ve all seen the famous Warner Brothers cartoon and know the outcome by now: Wile E. Coyote, supplied with overconfidence, inches closer and closer to catching the elusive Road Runner, who is always just one step ahead of his grasp, and just when he’s about to grab him … The…

According to Cerulli, such partnerships allow the firms involved to widen their reach. The firm found that 53% of the asset managers it surveyed currently rely on such partnerships, and another 50% plan to increase their reliance on them.

Casey is pushing for Congress to enact more reforms to make it easier to save in ABLE accounts.

John Kador | WealthManagement.com Like clockwork, every Wednesday morning, Russ Thornton, an Atlanta-based advisor who specializes in helping women with retirement planning, publishes a financial newsletter called “Wealthcare for Women” on Substack. Substack is an online platform that makes it easy for authors to efficiently publish and distribute digital newsletters at no cost (as Thornton…

The alternative asset manager’s private credit market update for the second quarter of 2024 says there is still an expectation that the second half of the year should see an improvement...

This year, J.D. Power found that satisfaction among employee advisors rose 59 points between 2023 and 2024, while satisfaction among independent advisors dropped by 15 points.