• Mar 13, 2025

Fed, breaking with practice, has yet to report 2024 financial results

The Federal Reserve has broken this year with its long-standing practice of releasing an annual preview of its finances for the preceding year. The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at least 2006, but has yet to release the numbers for 2024. A Fed spokesperson said the audited version of the financial statement will be released later this month.

  • Mar 13, 2025

Chinese stocks, emerging market debt see large inflows in February, says IIF

NEW YORK (Reuters) -Foreigners added nearly $16 billion to their emerging market portfolios in February, with investors loading up on Chinese stocks as well as debt across developing economies, a report from a finance trade group said on Thursday. Chinese stocks sucked in $11.2 billion, but selling elsewhere meant emerging market equity portfolios saw a net outflow of $2.1 billion last month. The picture was the reverse in fixed income, where Chinese bonds posted a $15.1 billion outflow even as emerging market debt elsewhere raked in $33.2 billion.

  • Mar 13, 2025

Crypto for Advisors: Memecoins

Memecoins have gained mainstream visibility recently. However, understanding what they are, how they work and where the risks are is critical.