Are we in a recession? Elon Musk says the pile of failed banks proves it.

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Good morning, team. I'm Phil Rosen. If you missed it Monday, regulators seized First Republic Bank and JPMorgan took over the majority of its assets. 

BlackRock vs. Vanguard: The world's biggest asset managers don't see eye to eye on the classic 60/40 investment strategy.

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BlackRock Vanguard
Vanguard and BlackRock don't see eye to eye about the future of the 60/40 portfolio.

Reuters, SOPA

ChatGPT can't answer basic questions about markets and investing and it'll be a long time before its a useful tool for investors, DataTrek says

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ChatGPT
I asked Morningstar Investment Management CIO Dan Kemp what he thought of intelligent language tool ChatGPT's investing advice.

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A chief global strategist explains why it's time to pivot from stocks as a new era of investing kicks off

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Seema Shah chief global strategist principal asset management

Courtesy of Principal Asset Management

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