Sean Allocca

New York

Senior Editor at The Daily Upside

Жирийн нягтлан

Articles

Advisors Go Risk-On Heading Into 2H

2 weeks ago | thedailyupside.com | Sean Allocca

Advisors are feeling frisky heading into the back half of 2025. The vast majority of financial advisors — along with some prominent analysts — are calling for a significant market runup in the remaining two quarters of the year. More than two-thirds of advisors said they expect the S&P 500 to advance 10% or more by year-end compared with May lows, according to an InspereX survey of 829 financial advisors released last week.
Advisors Say $1,000 ‘Trump Accounts’ Won’t Benefit Families Who Need Help Most

3 weeks ago | thedailyupside.com | Sean Allocca

Are your clients planning on having children? Tell them to hurry it up. Inside the Trump administration’s key $4 trillion tax bill is a proposed idea to open accounts for each new baby born in the US until 2028. The so-called ‘Trump Accounts’ are seeded with $1,000 that gets invested in equities and locked up until the child’s 18th birthday. Parents can also contribute up to $5,000 annually.
Nasdaq Wants to Wrap This $11.5B Altcoin in an ETF

3 weeks ago | thedailyupside.com | Sean Allocca

Forget Ethereum, there’s a new altcoin coming for the $10 trillion ETF industry. Nasdaq and the European crypto issuer 21Shares filed for an exchange-traded fund in May that would hold $SUI, a relatively new coin from a blockchain technology called Sui. While XRP and Solana filings are already in the works, the secret behind the Sui network is its focus on instant settlements that allow unrelated transactions to close simultaneously.
State Street, Apollo to Launch 2nd Public-Private ETF

1 month ago | thedailyupside.com | Sean Allocca

Ladies and gentlemen, State Street may have just done it again. The leading asset manager filed to launch a second exchange-traded fund that would give investors exposure to both private and public investments in a single vehicle — something that had never been done until just a few months ago.
Vanguard’s Latest 10-Year Forecast Pits Global Debt vs. AI

1 month ago | thedailyupside.com | Sean Allocca

The global economy just ain’t what it used to be. Probably. Expanding levels of debt and the emergence of artificial intelligence are two issues that are expected to go head-to-head in world markets over the next decade, according to a new forecast of probabilities from Vanguard. The research found the traditional view on growth — namely, 2% increases to GDP annually combined with a 2% inflation rate — isn’t that likely to pan out.
Jamie Dimon Clears Bitcoin for JPMorgan Clients: ‘I Defend Your Right to Smoke’

1 month ago | thedailyupside.com | Sean Allocca

What do Ponzi schemes and smoking have in common? Apparently, they’re just as dangerous as investing in Bitcoin, according to JPMorgan CEO Jamie Dimon. Still, the notoriously blunt crypto skeptic made a stunning reversal at the company’s investor day this week, saying clients of the Wall Street bank will be able to purchase digital assets.
Why Big Brokerages Like UBS, Goldman and JPMorgan Are Ditching Their Robo-Advisors

1 month ago | thedailyupside.com | Sean Allocca

Oh, how the mighty robo-advisors are falling. UBS became the latest major brokerage to unplug its robo-advice strategy last week, joining a venerable who’s who of top brokerages, including Goldman Sachs and JPMorgan, that have abandoned their automated services in recent months. While the low-cost investing options exploded in popularity over the past decade, the costs of running robo-advisors — coupled with extremely low fees and minimums — have proven too steep.
Why IBIT’s Spooked By Quantum Computing

1 month ago | thedailyupside.com | Sean Allocca

One of the fastest-growing ETFs of all time may have an Achilles heel … or maybe it’s a Trojan horse. BlackRock has officially acknowledged that quantum computing could become a cybersecurity risk to its iShares Bitcoin Trust (IBIT) in a filing this month, marking the first time the new technology has been formally recognized as a potential threat.
LPL Soars on First Earnings Beat After Commonwealth Deal

1 month ago | thedailyupside.com | Sean Allocca

A little stock market uncertainty isn’t going to rattle LPL. The country’s largest independent broker-dealer saw its stock price soar 13% over the past week, driven by a better-than-expected earnings report and optimistic remarks from the company’s CEO about the purchase of Commonwealth Financial Network. In fact, shares have climbed some 23% over the past month after the deal was announced at the end of March.
Inside the Interval Fund from Vanguard, Blackstone, Wellington

1 month ago | thedailyupside.com | Sean Allocca

Didn’t have time to pore over the 100-plus-page prospectus for a new interval fund from Vanguard, Blackstone and Wellington over the weekend? Well, we did (we don’t get out much). The much–anticipated fund from three of the best-known names in the asset management industry will wrap up public and private investments into a single product.