Alexis Leondis

The US tax code often penalizes high-earning spouses who earn similar amounts. Biden’s budget could make it even worse.

“Marry the house, date the rate.” That’s the advice realtors and mortgage lenders are giving worried homebuyers as mortgage rates reapproach the two-decade high of 7% reached in November. In other words, don’t be afraid to commit to the house you love, because you can just refinance when rates come down in the next couple of years. But frankly, it’s bad advice. New homeowners may come to find ...

In the US, risk averse depositors are opting for bigger banks despite their low interest rates, prioritising safety over yields. This could prompt smaller regional and online banks to jack up interest rates, requiring regulators to watch out for unethical conduct

Sleep tight. A repeat of the 2008 financial crisis when the Reserve Primary Fund “broke the buck” should be of no concern.

A repeat of the 2008 financial crisis when the Reserve Primary Fund, a money-market fund, saw its net asset value fall when Lehman Brothers collapsed isn't happening. Investors have deposited almost $124 billion so far this week, bringing assets industry-wide to a record $5.38 trillion

Actively managed fixed-income ETFs stumbled last year and only 40% are beating their benchmarks in 2023.

A change in methodology will see ratings on thousands of funds lowered, highlighting once again the problems with such scores.

As a result, just 54 funds will have the highest ESG rating, or AAA, down from 1,120, according to the Financial Times. More than 400 ETFs that use swaps will lose their ESG score entirely as MSCI reconsiders how to assess them.

A rethinking of the traditional 60/40 investing model may have made room for the volatile cryptocurrency.

You can’t bank on historical performance, of course, and it’s hard to imagine Bitcoin seeing the the same tenfold price increase it experienced over the past decade. Still, it seems poised to edge higher and now may be a good time to get in relatively cheap