The article examines the high valuations of AI-focused tech giants like Alphabet and Nvidia, contrasting the risk of an "AI bubble" with their powerful profitability. While Berkshire Hathaway's new stake in Alphabet signals confidence, both companies require substantial future growth to justify their current multiples.
The article examines how tech giants like Meta are using massive, off-balance-sheet special-purpose vehicles to finance multi-billion dollar data centers. Despite these complex structures, large investors are treating the debt as a direct obligation of the tech company, leading to a subsequent sell-off of Meta’s publicly traded corporate bonds.
The end of the government shutdown left the SEC with an avalanche of paperwork, forcing staff to prioritize new company registration statements critical for initial public offerings (IPOs). More than a dozen companies had to revise their IPO timelines due to the delays, creating market uncertainty.
European stocks fell, tracking their deepest weekly decline since August, as a risk-off mood hit some of this year’s top-performing technology shares. The decline was driven by investor concerns over lofty tech valuations and uncertainty regarding the US Federal Reserve’s next move on interest rates. The market slightly recovered after a Fed official hinted there was room for rate cuts in the near term.
The continued slump in the housing market is now being compounded by a weakening U.S. labor market and a surge in mass layoffs. This labor uncertainty is making potential buyers reluctant to commit to purchases, even as affordability improves and mortgage rates stabilize. This dynamic is leading homebuilders to reduce construction and staffing, further worsening the job market.
While passive portfolios have excelled recently due to mega-cap dominance, the article warns that market disruption and concentration make them vulnerable to a sudden reversal in sentiment. It asserts that skilled active management is essential now to identify future winners and benefit from a potential broadening of the equity market.
The ETF industry continues to grow, with new funds arriving all the time. Each year, hundreds of ETFs arrive on the scene, from covered call ETFs to active bond ETFs and everything in between.
Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
Are you looking to combine small-cap upside with income? With markets seeing increased volatility and large-caps looking expensive, marrying the two could boost portfolios.
We examine valuations in historical context, how today’s market compare to the tech bubble of the 1990s and what’s driving stock gains now.
Okay, this is for more than just millennials. It’s for anyone who feels stuck and can’t get started with their investing strategy. If you poke around on the internet, it sounds like my generation might be in the most trouble.
October ETF launches saw a plethora of funds join the ETF ecosystem, representing important trends and intriguing ideas.
Every market needs speculation, but when it spreads into nearly every asset class, investors face a different kind of challenge. Sometimes the smartest move is the least exciting one.
Join the experts at Pictet Asset Management for an educational webcast exploring how AI is being used to evolve active investing.
Be wary of claims that indexing and passive investing have huge hidden costs. In my view, passive investing involves owning, as close as is economically feasible, every stock weighted to market capitalization. So this means total stock index funds.
BlackRock Inc.’s Tony DeSpirito, global chief investment officer of fundamental equities, is leaving the firm along with three other employees in that group as the asset manager shakes up its actively managed stock funds.
After peaking at just over $126,000 in early October, Bitcoin has dropped 30% — breaking through key thresholds, spooking ETF investors, and rattling holders big and small. One group in particular remains exposed: traders who bet on a rebound — and now find themselves underwater while paying for it.
The growing clout of private companies like OpenAI is causing Wall Street to redraw the boundaries of its equity research business.
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector.
keep hearing some version of this argument: Yes, we’re in an AI bubble. But even in the dot-com crash, the best companies survived and made people rich. Just look at Amazon.com Inc.
Just six months ago, Alphabet Inc. investors feared the company could be a casualty of the artificial intelligence revolution. But after a trillion-dollar rally those concerns have flipped, and now the biggest worry is if the stock is getting too expensive for its own good.
In today’s equity markets, investors face a paradox: share price swings are more dramatic than ever yet often have little to do with a company’s underlying health or earnings. So how can investors achieve true diversification and risk reduction in a world driven by fickle market forces?
With the federal government shutdown now over, until the end of January at a minimum, the money and bond markets have turned their attention back to the Fed. Specifically, the conjecture is centered on whether another rate cut will be forthcoming at the December 10 FOMC meeting.
As 2025 draws to a close, investors and advisors will be considering their tax-loss harvesting opportunities. By selling some investments at a loss, those investors can reduce their overall tax bills next year.
GMO has posted a new 7-Year asset class forecast as of October 31, 2025.
In this Money Metals podcast episode, host Mike Maharrey talks with money manager Michael Pento of Pento Portfolio Strategies about what he sees as a dangerously distorted financial system.
As 2025 nears its final 100 calendar days, market focus is already beginning to turn forward and attempt to reconcile what market drivers could remain in place, and what could change in the first year of the new half-decade. While not an exhaustive list, here’s some of our early keys to 2026.
The gains were erased after Federal Reserve officials hinted they were hesitant to cut rates, leading to broad market losses. This challenging environment reinforces the long-term need for investors to seek global diversification outside of the overvalued U.S. dollar and domestic assets.
Stocks started the week with strong gains following the government reopening agreement, but the momentum was quickly erased by concerns over Federal Reserve policy. Hesitancy from Fed Chairman Powell to cut rates pushed down the odds of a December cut, causing the Dow to drop significantly from its record level.
The wealth management industry is on a collision course with a talent crisis due to a looming retirement wave and rising demand for financial professionals. The key to survival hinges on making talent development a strategic priority and adapting to the next generation of clients.
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research, Todd Rosenbluth, discussed the Invesco S&P MidCap Momentum ETF (XMMO) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF.
Covered call strategies have become a very popular fund type in recent years. By leaning on the options market, covered call funds offer high levels of income but can limit upside.
Join the experts at State Street Investment Management, Stringer Asset Management, and 3EDGE Asset Management for an educational webcast unpacking where investors can find opportunities in 2026.
Join the experts at T. Rowe Price for a product due diligence session exploring the unique challenges of today’s market environment and how to make better asset allocation decisions for your clients.
While firms delay updating mobile communications compliance, the waiting incurs a substantial and measurable cost, averaging $232,457 annually in wasted analyst time on false positives. This inefficiency forces compliance teams to spend over 300 hours yearly on manual surveillance, diverting focus from strategic risk management. Ignoring this problem also dramatically increases regulatory exposure, given recent multi-billion dollar fines for off-channel communication violations.
This paper highlights and provides examples of how investment managers can reclaim and shape their own narrative by leveraging data science and alternative data sources, demonstrating the power in presenting information in new ways.
This reflective column explores five key life lessons learned over my last year, emphasizing the importance of health, strong family relationships, and giving back to the community. These insights are used to offer financial advisors specific ways to engage clients beyond just investments, by focusing on passions, supporting family goals, and preparing for life's unexpected crises.
Artificial intelligence has brought about a paradigm shift in the diagnostics industry, enhancing the accuracy, speed, and efficiency of disease detection. AI can now process and analyze vast, complex datasets, from medical images and lab reports to genetic data, far beyond human capacity.
The result is the first sustained selloff for the group since April, with the Nasdaq 100 leading the broader market lower as investors ditch tech winners in favor of more defensive stocks. One of the beneficiaries: companies with juicy dividend payments.
The growing list of US credit busts, from subprime auto lender Tricolor Holdings to Broadband Telecom Inc., raises a troubling question: If such “cockroaches” proliferate — if many more enterprises collapse under the weight of excessive debt — who will ultimately bear the losses?
Thirty-three nations, including new signatories Senegal and Rwanda, have now committed to a global pledge to triple nuclear power capacity by 2050. The World Nuclear Association suggests this ambitious target of installing about 1,200 gigawatts is achievable if governments fully implement their promises. However, other forecasts indicate meeting this goal will be challenging given current capacity projections.
Famed investor Michael Burry, popularized by The Big Short, is sparking new conversations after his firm decided to return outside capital. Recently bearish on the AI investment boom, Burry's Scion Asset Management purchased put options against major AI players like Nvidia and Palantir in the third quarter.
Wall Street will get a sense of where the billions of dollars being spent on artificial intelligence are going when Nvidia Corp. reports its earnings after the bell on Wednesday. How the sinking stock market will react is another question.
With the federal government open after its longest shutdown on record, we will soon get a clear indication of how payrolls fared in September and October.
Alphabet Inc.’s Google plans to invest $40 billion in three new Texas data centers, part of an effort to add artificial intelligence computing power in a state that’s also drawn multibillion investments from competitors such as OpenAI and Anthropic PBC.
In the end, it does not matter if you are “bullish” or “bearish.” However, what is grossly important in achieving long-term investment success is not necessarily being “right” during the first half of the cycle, but by not being “wrong” during the second half.
Monetary cycles define eras of opportunity. For years, we lived under quantitative tightening. Liquidity was withdrawn, balance sheets were reduced, and capital became expensive.
Closing the books on fiscal year 2025, the U.S. ran a deficit of $1.77 trillion, a slight improvement from $1.83 trillion in 2024. But a peacetime deficit exceeding 6% of gross domestic product (GDP) is still cause for worry.
In this episode of the Money Metals Midweek Memo, host Mike Maharrey leans on Greg Weldon’s “debt black hole” metaphor to explain how towering obligations now warp policy, markets, and household finances.
Clearly, policies which boost individual freedom, not government engineering, work best. And as usual, the arguments of one political party are often designed to hide the fact that their policies are the very thing they claim to detest in the other.
