CME Group Inc. said the debut weekend of 24/7 trading for its one-ounce gold futures saw stronger-than-expected demand with deep liquidity despite subdued volatility.
Registered investment advisors (RIAs) are increasingly adopting artificial intelligence (AI) tools that automatically transcribe and summarize client calls. While these technologies may offer efficiency gains, they introduce significant legal and compliance risks. This article discusses the intersection of AI transcription tools with state wiretapping laws, privacy considerations, Securities and Exchange Commission (SEC) requirements, and the evolving litigation landscape.
If you own treasuries, you need to make two separate decisions rather than one blended bet. The liquidity sleeve holds the bill exposure and does the work people mistakenly ask the long end to do. The duration sleeve stays deliberately small, sized as recession insurance rather than as a conviction call on falling inflation.
Pimco has been one of the loudest voices warning of risks in private debt markets, and Ivascyn, 56, has cautioned on the trillions of dollars pouring into the infrastructure underpinning the artificial intelligence boom.
US earnings are set to grow briskly in 2026, but much of the expected gains are being driven by expanding profit margins that may be hard to sustain. Equity investors should ask whether portfolios are exposed to businesses with durable demand and profitable reinvestment—or merely a favorable margin cycle.
The structural backdrop for U.S. inflation increasingly suggests that the long run equilibrium range is migrating from roughly 1.5–3.5% toward 3.5–4.5%, with a significant risk of episodes of inflation above 5%. An important core reason is the steady erosion of the disinflationary architecture that dominated the 1990–2020 period, even as various cyclical pressures also play a role.
The motivation for today's report comes from the growing number of articles warning about the possibility of an AI bubble. The truth is that nobody knows whether a bubble exists today in artificial intelligence or whether one may emerge in the future.
It’s becoming increasingly clear that tariff tensions between the United States and the rest of the world won’t be going away any time soon. Last Friday, the U.S. imposed a series of tariffs on 60 different trading partners, including China, Canada, and the European Union.
Earlier this week, I wrote that the gold-silver ratio has recently widened to around 70-1, a bullish signal for silver. But is this metric still relevant today?
US state and local government debt hit its cheapest level since the spring, after inflation fears caused municipal bonds to see their worst week of returns since April 2025.
On July 28, Morgan Stanley launched two new spot crypto ETFs on NYSE Arca. The Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) provide spot price exposure to underlying ethereum (ETH) and solana (SOL), alongside additional distributions from staking yields.
Brent crude crossed above $100 a barrel this week, all due to a 20-mile-wide stretch of water some 6,500 miles away from the U.S. Tanker traffic through the Strait of Hormuz—the Persian Gulf bottleneck that carried roughly a fifth of the world’s seaborne oil before the fighting started—has fallen to virtually zero.
Microsoft Corp., Meta Platforms Inc. and Amazon.com Inc. face renewed investor anxiety over their debt-fueled capital expenditure plans after Alphabet Inc. raised the upper end of its spending forecast this year by as much as $15 billion.
As markets place a greater premium on shareholder-friendly capital allocation, companies that consistently combine buybacks with dividends may be better positioned to outperform.
I am not right as often as I would like. And feeling bad about being right occurs very, very rarely. But now is one of those times. I was not surprised when the ceasefire between the United States and Iran broke down long before it was due to expire.
As advisors face outflows to client income and one-time distributions, organic growth via client pickups can prove a useful asset, according to a recent report.
A wave of new active ETFs is reshaping the fund landscape, and advisors now need extra care when screening funds for their models.
Join the experts at SS&C ALPS Advisors, Ladenburg Thalmann, and VettaFi for a product due diligence session exploring the ALPS Electrification Infrastructure ETF (ELFY) and how it is designed to invest in companies supporting the electrification of everything.
The narrative presented in this article is uniquely suited only to the retirement scenario. (And it neglects such complications as tax-deferred accounts, etc.) Other investing narratives will be different — for example, those of pension funds or endowment funds.
To evaluate SpaceX from a fundamental perspective, investors need to quantify the implied growth in its valuation and compare it with both their own and market forecasts. In this article, we attempt to help by providing context for growth expectations, using Amazon’s history as a proxy. The question we pose is: What does the Amazon playbook require of SpaceX?
The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for July. The general business activity index rose 1.3 points to 1.3, indicating accelerated growth of manufacturing activity and improved business conditions perceptions.
Whenever faced with tradeoffs between risk and return, we recommend turning to expected utility. The method of maximizing expected utility is the most sensible technique for making these tradeoffs, taking into account both your personal preferences and the specifics of the situation.
New orders for manufactured durable goods rose 0.3% in June to $334.77B, less than the projected 1.6% monthly growth.
June may have proven to be a difficult month for silver investors, but it’s likely far too soon to give up on the precious metal. To better understand this, it’s important to contextualize why silver’s price is struggling and why the metal’s long-term opportunities are still there.
Your client needs income. Investment-grade corporate bonds are offering it in the form of yields above 5%. That's a compelling number, and you're thinking about how to position this client's portfolio. Here's the problem: That 5% shouldn't be possible right now. And that's what should worry you.
Kioxia Holdings Corp. faces more wild price swings with leveraged exchange-traded funds tracking the Japanese memory chipmaker’s shares set to be listed in the US.
Jefferies Financial Group Inc. is hiring several muni sales and trading veterans, according to a person familiar with the matter.
US Treasuries edged higher as oil prices softened after the US paused its nearly two-week campaign of strikes against Iran, while traders eyed a roughly one-in-three chance of a Federal Reserve interest rate hike on Wednesday.
Goldman Sachs Group Inc. and T. Rowe Price Group Inc. are launching their first interval fund for the masses as Wall Street races to bring private investments to Main Street.
Let’s get this out of the way right away: It’s highly unlikely the Federal Reserve will raise interest rates when policymakers meet this week after the latest data showed inflation has slowed.
The second-quarter earnings season is in full swing. So far, the results are landing in line or better than the upwardly revised Wall Street estimates. That’s the opposite of how this usually works. Analysts normally trim their forecasts as a year wears on. In 2026, they’ve done the opposite.
Oil has staged an impressive rebound this month as the conflict between the U.S. and Iran has re-escalated. The memorandum of understanding signed on June 17 created a 60-day window for negotiations, but the diplomatic opening lasted only a few weeks. Both sides subsequently accused the other of violating the peace agreement, and military operations have resumed.
In this video, Chuck Carnevale, co-founder of FAST Graphs, revisits one of investing’s most persistent concerns: how should investors prepare for the next recession or bear market? Updating an article and video he originally published in 2021, Chuck explains why he believes investors should prepare for market downturns, but not fear them.
Health care stocks came alive in the second quarter, benefiting from relatively low valuations and a late rotation away from some high-flying tech names. The sector returned 9.5% for the period, good enough to tie for fourth among the S&P 500® Index's 11 sectors.
Pensions are as healthy as they’ve been for a long while. Maintaining tried and true investment strategies has led the way to current funding levels and may support pension stability for years to come.
The equity bull market is expected to continue through the second half of 2026, supported by resilient U.S. growth, AI investment and solid earnings.
In this midyear global outlook summary, the authors revisit Vanguard’s economic and market outlooks and assess how our views have evolved since the start of the year.
The ETF market saw a push in capital away from the concentrated U.S. tech sector to defensive broad market exposure, short duration bonds, and commodities. The shift in flows is amplified by the semiconductor market pullback, interest rate uncertainty, and ongoing geopolitical tensions in the Middle East.
Emerging markets are quietly having their best decade in a generation, and most global investors still don’t own enough. The case for investing in emerging markets today is not the tired characterisation of a high growth, low valuation opportunity.
Healthcare systems across the country are facing a difficult reality. Costs are rising faster than revenues, balance sheets are under pressure, the pacing of private market allocations are harder to manage, and liquidity has become an important topic for many organizations.
It may seem premature to focus on the November US midterm elections. Polls will shift, economic data will evolve and unexpected events will reshape the political landscape in the months ahead.
Today we’ll consider the interaction between long-term interest rates, the Fed’s limited ability to influence them, inflation and the housing market. And because home prices are the biggest concern for many households, we’ll start with a look at the latest changes there. And then look at the Federal Reserve’s likely reaction.
It is one of the great paradoxes of our time: Americans have never been richer — or more negative about the economy.
Election season often follows a familiar script. Investors debate congressional control, speculate on policy outcomes and search for clues about what markets might do next.
The U.S. energy sector has outperformed in 2026, driven primarily by geopolitical-related supply fears, elevated oil prices, and rising demand from the AI infrastructure buildout. While broad energy funds have also surged, investors can potentially enhance exposure by targeting specific segments of the energy market.
In June, market news continued to be dominated by the Middle East conflict as frequent flare-ups in hostilities gave way to repeated ceasefire efforts and the signing of a high-level memorandum of understanding between the US and Iran.
Artificial intelligence operates at speeds and levels of complexity that its human creators can’t match. So what happens when it’s unleashed on financial markets?
Semiconductor exchange-traded funds have gained more than 25% this year. Intel Corporation’s (INTC) second-quarter earnings report after today’s close could test whether that rally continues.
Google searches for "can I afford a home" are at their highest level in nearly two decades. While a Google search on its own isn't proof of anything, millions of queries might be a proxy for the national vibe.
Research Affiliates and PIMCO leadership analyze key 2026 midyear market shifts, warning of elevated U.S. and AI equity valuations.
