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(Click here to subscribe to the Delivering Alpha newsletter.) Inflation, a hawkish Fed, fears of a recession have all made 2022 a tough environment for investing.  A traditional portfolio of stocks and bonds is deeply in the red, leaving investors to seek diversity elsewhere.  Ares Management, however, has been a beneficiary of the current environment. With hundreds
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A federal judge in California has denied municipal advisor Matthias O’Meara and his firm Choice Advisors’ move to dismiss the Securities and Exchange Commission charges that the firm was engaged in unregistered municipal advisor activities in violation of Municipal Securities Rulemaking Board Rule G-42. The charges brought by the SEC last September are a first
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Mortgage demand appears to have nowhere to go but down, as interest rates go up. Application volume dropped 1.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The week’s results include an adjustment for the observance of Labor Day. Since last year, homebuyers’ demand for mortgages has
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Crypto and stock markets are feeling the pain after the Sept. 13 inflation report printed an unexpectedly hot figure that showed headline inflation rising by 0.1% month-over-month. Even with gas prices falling to multi-month lows and a cooling housing market, core inflation saw a 0.6% month-over-month bump and year-to-year inflation sits at 8.3%. This chart
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It’s been five days since Queen Elizabeth II died. The loss of a monarch, one who has been a source of constancy for so many during the 70 years of her reign, came no doubt as a profound shock for many. Some brands are taking it particularly badly. Take Morrisons. After reports that the supermarket
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Before launching his latest muscle-pummelling device, Dr Jason Wersland, chiropractor and the founder of Therabody, sought counsel from one of his most trusted patients: Cristiano Ronaldo. Or, rather, one day last year Ronaldo all but begged to try the new vibrating gadget – the “TheraFace PRO”. “I almost couldn’t hide it from him,” says Wersland. “He loves that we’re
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