For more than a decade, investors became accustomed to an unusual financial environment: interest rates were extremely low, bonds paid relatively little, and investors who wanted meaningful returns were often pushed toward stocks and other riskier investments. That environment has changed. Today, investors can find portions of the bond market offering yields around or above
If you have looked at your investment accounts over the past few days, you may be wondering what is going on. After a strong year for stocks, the market has recently turned lower. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite have all declined for three consecutive trading sessions. On Wednesday, September 9,
What the Extended Conflict Could Mean for Inflation, the Economy, Investors, and the Petrodollar For years, the United States economy has benefited from something Americans often take for granted: relatively abundant energy. The shale revolution transformed the United States from a nation deeply dependent on imported oil into one of the world’s largest energy producers.
For the past several years, investors have been rewarded for owning a relatively concentrated group of companies tied to artificial intelligence and semiconductors. NVIDIA, Broadcom, TSMC, AMD, memory manufacturers and other semiconductor companies have benefited from an extraordinary wave of spending on AI infrastructure.That trend has not disappeared. In fact, the underlying demand for AI
The AI Trade Is Changing: Where Is the Money Going Next? Read More »
The United States housing market has spent much of the past decade confronting an affordability crisis unlike any seen in generations. Rising home prices, elevated mortgage rates, limited inventory, restrictive zoning practices, construction labor shortages, and increasing institutional investment in residential real estate have combined to make homeownership increasingly difficult for millions of Americans. Against
The NVIDIA–Palantir Deal Is Really About Control of the AI Stack The NVIDIA–Palantir deal is not just another AI partnership. It is a signal about where the AI industry is moving next. The first phase of the AI boom was about who could build the biggest and smartest foundation model. The next phase is about
What does the NVIDIA–Palantir Deal Really Mean? Read More »
Lately: The Honest Version The honest answer is that tech stocks have been selling off lately because a bunch of worries hit at the same time. It is not just one thing. It is not simply “AI is fake,” and it is not simply “the economy is bad.” Actually, part of the problem is almost
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Should Retirees Own Bonds in 2026? As retirees move through 2026, one of the most persistent investment questions remains: should bonds still play a central role in a retirement portfolio? For decades, the “classic” rule of thumb suggested a simple formula—hold a percentage of bonds roughly equal to your age. But the financial landscape today
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Few global shipping routes are as strategically important as the Strait of Hormuz. Roughly one-fifth of the world’s oil supply passes through this narrow waterway, making it a vital artery for global energy markets. Because of its importance, mixed signals from political leaders about whether the strait will remain open or face potential restrictions can
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After two years dominated by artificial intelligence headlines, investors entered 2026 wondering whether the market rally would broaden beyond a handful of technology giants. So far, the answer appears to be yes. While artificial intelligence remains a major market driver, leadership has expanded into several areas of the economy, including industrials, utilities, financials, defense, and
Which Sectors Are Doing Well in 2026—and Why? Read More »
