Cy Is FinTech Breakthrough’s “Best Robo Advisory Platform” For Third Year Running
WBI Investments
WBI Investments
We believe preserving capital to unleash the powerful benefits of compounding is the most important element of a successful investment approach. That’s why we have spent nearly 35 years focused on building best-in-class retirement solutions for investors. Our unique, comprehensive wealth-management strategies aim to help investors achieve their life and wealth goals. Founded in 1984, WBI seeks to TAME THE BEAR and RUN WITH THE BULL.
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Finally, we close the books on 2022 which was the worst year for financial markets since the “Great Recession”. The S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite all posted their biggest annual losses since 2008. This also ended a three-year winning streak for the major indices. The writing was on the wall back in November 2021 when the Federal Reserve finally recognized it was time for easy monetary policy to come to an end which it had kept in place for over a decade. Exponentially increasing interest rates, the highest inflation since 1981 and fears of an economic recession were some of the primary causes of this year’s pain.
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The third quarter started with renewed investor optimism but ended with a crushing reminder that the worst is yet to come. The bear market rally that started in mid-June continued through July and into August. However, further signs of sky-high inflation, necessary interest rate hikes, and increasing probability of a “hard landing” and recession in 2023 smashed all hope. Between mid-August and the end of September, the S&P 500 Index dropped almost 17% and closed out the quarter at a new bear market low of 3585.62 (over 100 points below the prior low reached in mid-June).
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Bull|Bear InsightsCy Intelligence
Cy Wins Second Consecutive FinTech Breakthrough Award For Best Robo Advisory Platform
Prestigious International Awards Program Recognizes Outstanding Financial Technology Products and Companies RED BANK, N.J., March 17, 2022 – Cy, a revolutionary financial advisor-assisted robo advisory…
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WBI hires two new sales veterans.
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