The release of ChatGPT in 2022 ushered in the AI era. Since then, technology stocks have emerged as a key driver of market performance. The extraordinary gains have naturally sparked questions about whether the momentum can continue, particularly as technology companies invest heavily in AI infrastructure.

As we write this, long TIPS yields once again yield 3.0% and, as in 2008, these rates may not last long. That means: You snooze, you lose. The time to buy TIPS is now. In this article, we lay out the options and make recommendations.

Life rarely stands still, and for families caring for a loved one with special needs, change can introduce both emotional and financial complexity. Marriage, divorce, the loss of a parent, an unexpected inheritance, or shifts in public policy may all significantly impact eligibility for benefits, long-term financial security, and family dynamics.

European stock markets are booming. But that doesn’t mean Europe is. Traditionally, a bet on European equities is actually a bet on growth everywhere else. The companies that make up the Stoxx Europe 600 — which has risen by about 12% this year — get almost half their revenues outside the continent, according to the index’s owners.

The US government is about to sell 30-year bonds at the highest interest rate in a quarter of a century, after a historic selloff that has stirred speculation the nation will tilt borrowing further toward short-dated maturities.

After years of tests with digital versions of securities, cash and trading networks, the focus has shifted to whether these technologies could work together. This time, nearly 40 firms were testing how tokenized assets could move through the institutions that keep modern markets moving.

The US military campaign against Iran has so far failed to force the regime to capitulate. The Trump administration is betting once again that suffocating economic pressure will do the job.

The fixed income landscape continues to offer real opportunity this year as well as persistent, events-driven uncertainty. Still, cutting through the headlines, investors can find major opportunities inside the portfolios and in adding new funds.

The days of unfettered globalization, multilateral rule of law, commonly accepted limits on economic statecraft, and widely shared macroeconomic objectives are now long gone. A perpetual, directionless transition is our new reality, and corporate executives, investors, and policymakers must adapt accordingly.

A robust industrial rebound is underpinning the economy, and it has powered through an energy shock from the US-Iran war; elevated inflation that’s kept interest rates high and homebuilding low; and a bout of new, perhaps more permanent tariffs.

The risks of a rate hike have increased lately, but we don't believe we're there just yet. If the data changes—specifically if inflation comes in hotter-than-expected over the next few months—we'll likely change our view.

All told, global equities are near all-time highs, despite the sharp June-July semiconductor drawdown. Fundamentally, an eye-popping 50% Q2 SPX earnings growth rate fuels the rally. Of course, it has been a perfect storm of sorts for domestic large-cap profitability. ​

Charitable donations aren’t the only way you can support missions close to your heart. Your investments can also advance goals and issues that matter to you. A growing number of companies, often called social enterprises, build a charitable mission into the business itself. Investing in them is a potential two-for-one deal.

Among the key benefits of the ETF wrapper is the wide range of tools it gives advisors and investors to build tailored fixed income portfolios. And given today’s complex rate and inflation environment, it certainly helps to have a wide range of options available.

There’s been no summer vacation for the bond market this year. It seems there’s a new headline every day that needs to be processed and responded to. In terms of Treasuries (UST), yields at the back-end of the curve have risen in notable fashion and have resulted in rates being at levels not seen in almost twenty years in some cases.

College planning begins long before college. Learn why welcoming a new child is the ideal time to build a strong financial foundation, explore education savings options and prepare for your family’s future.

Equities opened the week higher after Treasury Secretary Scott Bessent signaled on Monday morning that a deal to reopen the Strait of Hormuz could be reached within a day or two.

The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy Outlook (STEO), providing forecasts for energy markets. This article presents the annual production outlooks for crude oil, natural gas, and natural gas liquids (NGLs), comparing the August 2026 projections against the previous month's estimates.

Inflation affects everything from grocery bills to rent, making the Consumer Price Index (CPI) one of the most closely watched economic indicators. The Bureau of Labor Statistics (BLS) tracks this by categorizing spending into eight categories, each weighted by its relative importance.

Inflation moderated for a second straight month, coming in at 3.4% year-over-year in July. The headline figure for the Consumer Price Index (CPI) was in line with economist estimates.

Discover the top ETF launches of summer 2026, including new funds from iShares, Amplify, and Defiance targeting crypto, AI, and core equity.

Goldman Sachs Asset Management is continuing its aggressive expansion into active, high-yielding options strategies with a definitive agreement to acquire NEOS Investments. Similar to Innovator Capital Management, another recent acquisition, NEOS has established a firm leadership position in the ETF space.

An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve rate increases despite elevated oil prices.

After 10 years, we understand that not every conflict has a clean answer. Advisors value feeling heard and supported through difficult situations. Over time, we’ve learned that genuine engagement and thoughtful communication build more trust than rushing toward incomplete answers.

Clients' financial lives don't operate in separate silos, and their advisory team shouldn't either. Well-designed partnerships should clearly define responsibilities, compensation, compliance obligations, and client communication. Transparent agreements create better experiences for both clients and professionals.

Goldman Sachs Group Inc. will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market.

I recently spent a week working with advisors and team members on a variety of things, all human-element related. The financial business is one of numbers and quantifiable results, but we all know it is much more than this. This week’s column will encapsulate my aha moments from this week.

We’ve all seen how AI tools can boost our productivity and efficiency but, like most things in life, the benefits must be weighed against potential risks. Here are five best practices to help guide fiduciaries and ensure they benefit from these tools without running afoul of regulations.

The outlook for Boeing Co. to earn copious cash flow is bright. It just turned free-cash-flow positive in the second quarter after years of losses, and the company already has its sights on cash earnings of $10 billion a year. This is driven almost entirely by a rebound of commercial aircraft production.

South Korea expects to deploy more than 1 trillion won ($707 million) of fresh capital into a new sovereign wealth fund targeting AI and other strategic industries next year, joining a global push by governments to mobilize investment and gain an edge in high-tech sectors.

Bank of America Corp. unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers pushing for innovation across the country.

The market was jolted by a much weaker-than-expected employment report, sending Treasury yields sharply lower as investors quickly reduced the odds of another Federal Reserve rate hike. At first glance, the payroll number looked alarming, particularly when combined with sizable downward revisions to prior months and unexpectedly soft wage growth.

Municipals posted their weakest July return in more than two decades. The Bloomberg Municipal Bond Index returned -1.85%, underperforming most investment-grade fixed-income sectors and marking just the fifth negative July return over the past 30 years.

Stocks moved higher as stronger economic data, solid corporate earnings and easing geopolitical concerns helped support investor optimism.

Demand continues to outpace record supply. Municipal bonds remain an attractive income opportunity in a market where the Federal Reserve (Fed) is likely to remain on hold and carry is driving returns. Despite record issuance of roughly $50 billion per month, demand has remained strong, supported by a reinvestment wave that is running approximately 40% above last year and favorable summer technicals.

Tech and AI are driving a greater share of global equity market returns and earnings growth, raising concentration risks and the need for broader diversification.

The S&P 500 has closed at a new record high some 25 times this year, the most recent taking place just last week. The benchmark, which is now up about 13% — as measured by the performance of the State Street SPDR S&P 500 ETF (SPYM) in 2026 — has been boosted by momentum, solid earnings and ongoing economic growth.

Investors, strategists, and market professionals cannot know exactly when interest rates will change, in which direction, or by how much. That does not mean we should ignore economic data, geopolitical developments, policy decisions, or consumer behavior. Those factors matter. But the number of variables and the ways in which they interact make consistently predicting interest rate turning points extremely difficult.

The mantra carrying the markets higher for years has been to leave it to mega-cap tech titans and AI leaders to drive the bulk of market gains, leaving cap-weighted indexes historically top-heavy. But a new narrative has begun to take over.

Join Morten Paulsen, Head of Industrials Research at CLSA and member of the ROBO Global Strategic Advisory Board, for an in-depth look at his latest research report on the accelerating automation of American manufacturing.

For many high-net-worth individuals and families, access is part of everyday life. They can secure reservations at impossible-to-book restaurants, obtain tickets to sold-out events, or open doors that remain closed to most others. Healthcare often feels like it should work the same way. It doesn't.

Unlike the previous 17 years, during which U.S. stocks were the best-performing asset class, they are in the middle of the results with a 10.5% return. Consequently, diversification beyond U.S. stocks and bonds has added value this year, as evidenced in portfolio performance.

A common pattern for couples who are trying to manage their spending goes like this: The partners sit down together, look at the numbers, lay out a spending plan, and agree on what has to change. This works for a few weeks. Then either or both slip back into old behaviors, and there’s a fight about money.

Earnings drive market corrections. That’s the finding, and the next serious decline won’t arrive with a headline about capital spending or the deficit but will begin exactly where all eight of the others began, in the profit cycle, surfacing in credit spreads and revision breadth well before it reaches any earnings report you can actually read.

The Securities and Exchange Commission has made it easier for data center owners to sell asset-backed securities, potentially opening the door for more debt sales as tech firms scour Wall Street for ways to pay for artificial intelligence.

A few months into the second Trump administration, I found myself in a packed room alongside senior officials of the Bureau of Labor Statistics. The topic, “Ensuring the Quality of US Statistics,” would have drawn little more than a collective yawn a decade ago.

Intel Corp. raised $20 billion in an upsized share sale, a third more than it was targeting when it announced the deal Monday morning.

Nasdaq Inc. agreed to buy off-exchange stock-trading venue LeveL Markets to expand its role in the equity market, according to people familiar with the matter.

GDP — for gross domestic product, the total market value of all final goods and services produced within a county’s borders — is in many ways the ideal economic statistic, both for what it measures and what it represents. It is a single number that captures so much information, with a scope and history unmatched by almost any other measure.

Good or bad, right or wrong, estimates suggest that in the past eighteen months the net flow of immigrants (including the number of illegal immigrants who were deported) may have been negative. By contrast, in the prior four years the US took in more than eight million immigrants, on net. All these numbers could be revised or argued with over time.