Stocks

One of the major aims of asset allocation is to craft a portfolio with ingredients that don’t all behave in exactly the same way to protect against all assets heading south at the same time. But, of course, that downside protection can be a double-edged sword.

The stunning run in equities "post-Trump appears to have looked past the fact that the economy is already running close to full employment," write two Goldman analysts.

Hint: The sharp move higher in bond yields has not spooked stock market investors.

"People want to chase gains," an adviser says of clients.

What Trump and rising interest rates may mean for advisers.

The gains in the blue-chip index happened the same day the Nasdaq 100 saw its biggest decline since September, their biggest divergence since the Internet bubble burst.

Here's what to watch for just before the counting of ballots begins.

Clients who turned 70 1/2 this summer have to act fast on their distributions to avoid paying a hefty penalty to the IRS. Plus, giving away stocks versus selling them.

One concrete step for advisers is to work with a care manager and a knowledgeable elder lawyer to petition the court to appoint a guardian or conservator.