Week’s Best: After the Selloff, What’s Next?
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John Davi looks prescient for having predicted a “big, fat correction” for U.S. large-cap stocks earlier this year. Davi, the founder and CIO of Astoria Portfolio Advisors, an asset manager serving small financial advisory firms, sees the Trump administration’s tariffs as the catalyst that sparked a correction that was coming one way or another. For LPL Financial reaching terms to acquire Commonwealth Financial Network, a smaller rival, might have been the easy part.
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