WealthStack Roundup: Cetera To Employ AI From TIFIN

Published on January 17, 2025

Also, Advisor360 acquires Parrot AI, Wealthtender introduces a testimonial marketing tool and Bloomberg rolls out AI-produced news summaries.

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Building Permits Tick Down 0.7% in December

January 17, 2025
In the latest report by the Census Bureau, building permits ticked down to a seasonally adjusted annual rate of 1.483 million in December. This marks a 0.7% decrease from November and a 3.1% decline compared to one year ago.

Life Without ZIRP Spells RIR: Rising Interest Rates

January 17, 2025
In response to the 2008 stock market and real estate crash, the Federal Reserve stimulated the economy by reducing interest rates to (almost) zero under its zero interest-rate policy (ZIRP). It “printed money” that amazingly did not bring serious inflation, yet.