Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations (2 min read)

Gold prices hit another new high as the latest US economic data suggest the Fed will likely cut rates soon, making gold an even shinier safe haven and a hotter pick over bonds. Demand is booming globally, especially in China, where people are turning to gold amid shaky real estate and economic vibes. Central banks are also on a gold-buying spree to diversify against geopolitical risks and currency instability amid global uncertainties.

China’s new factory data shows a bright start to the year (2 min read)

China's manufacturing is booming, hitting a 13-month high in March, thanks to more orders both domestically and internationally. Confidence among businesses is also at an 11-month peak. This marks five months of expansion, suggesting a steady recovery and a strong start for China's economy this year. However, despite these gains, challenges like the property crisis still linger, prompting some to call for more stimulus to maintain momentum.

UPS to replace FedEx as U.S. Postal Service's primary air cargo provider (2 min read)

UPS will become USPS's main air cargo provider, replacing FedEx, which ended its 20-year partnership. The financial details are undisclosed, but UPS described the contract as "significant." FedEx pressed the agency for a better new contract which led to the end of their partnership. UPS's shares rose, while FedEx's fell following the news. FedEx plans to adjust its network to compensate for the loss and the change could impact up to 300 FedEx pilots.

Trump’s media stock plunges after posting a big loss for 2023 (3 min read)

Shares of Trump’s Media fell 24%, trading below its IPO price, after revealing significant losses and minimal revenue in 2023, casting doubt on its valuation. The company lost $58.2 million and earned only $4.1 million in revenue in Q4. The listing last week has infused the company with $300 million, reducing the risk of closure. However, with its user base shrinking, 2024 is crucial for Trump Media's survival, especially amid the upcoming presidential election.

How Investors Should Pick Their AI ETFs (Podcast)

This 30-minute podcast is with WisdomTree’s global head of research, Chris Gannatti, where he talks about the buzz around AI investments, focusing on how to pick the right AI ETF. He delves into the AI industry's growth prospects and which companies might benefit most. A must-listen for those eyeing AI stocks for hefty returns!

Billions Flood Active ETFs in Hunt for Cheap Developing Stocks (5 min read)

Investors are flocking to active emerging market ETFs, driven by a growing belief that now's the time to capitalize on the significant discount developing-nation stocks have compared to US counterparts. This trend is reflected in the surge of cash into these ETFs, especially those managed by firms like Avantis and Dimensional. The move towards active management also suggests investors are seeking expert navigation through the complexities of emerging markets.

What About 60/30/10 Instead of 60/40? (2 min read)

Keeping 10% of your portfolio in cash, even if cash has the lowest returns, isn't a bad move if it helps you sleep at night. While historically, a 60/40 stocks-to-bonds ratio outperforms a 60/30/10 split with cash in the long run, the difference isn't huge, and having some cash can actually be comforting. A comparison of the returns on both strategies over the last 10, 20, 30, and 40 years is available in the article.

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