Artificial Intelligence

On December 6, the S&P 500 set the most extreme level of valuations on record, exceeding both the 1929 and 2000 market peaks on measures that we find best-correlated with actual, subsequent 10-12 year S&P 500 total returns across a century of market cycles.

The new year begins with economic resilience, but investors should brace for a challenging path in 2025. Key economic indicators are still “goldilocks” and signal continued growth at a sustainable pace.

As we turn the page on 2024 and look ahead into 2025, the key question on investors' minds is: can 2024’s positive momentum in the economy and financial markets continue into 2025?

For 2025 and beyond, a few particular global and industry trends can offer attractive long-term returns for advisors and investors alike.

Three interconnected lessons from 2024 help shape our 2025 outlook.

2024 was about as good as it gets in the equity markets – with the BGEP up 31% and the broader market as a whole posting double digit gains. Underneath the surface, we believe that there are three main drivers of the year’s solid returns. We discuss them below in our market review and outlook.

The College Football playoffs included 12 teams this year and all five automatic berth teams (because they won their conference championships) are now out, including the top two ranked teams, Oregon and Georgia. It wasn’t supposed to turn out this way, and the debate about why has only just started.

The same themes that drove sharp 2024 returns among the Magnificent 7 stocks appear to be very much alive in the new year.

Eden Ovadia, CEO of FINNY, joined WisdomTree’s Office Hours to share actionable growth insights for advisors.

Stocks rallied in 2024, delivering a second consecutive year of gains exceeding 20%, as investors embraced cooling inflation, falling interest rates and the prospect of lower corporate taxes under a second Trump administration.

Most people don’t pay much attention to the political process, either local or federal. This year I think it is something we should all be paying attention to as it might affect our various lives.

To clear our notebooks entering 2025, here are quick perspectives on a range of topics.

Political uncertainty and volatility create fertile ground for active investors to find companies that can successfully navigate a new era.

Gain insights into 2025’s top tech trends and market opportunities, and what experienced investors should consider for smart tech investments.

The year ahead may present challenges as markets and the economy look to maintain momentum.

The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap and semiconductor dominance to a more diverse set of beneficiaries.

I expect three major innovation cycles to dramatically affect our world in the next decade, with impacts comparable to steam engines, electricity, automobiles, and even the internet. Every new invention helps us explore even further.

We prefer equities over fixed income, in particular U.S. equities as the outlook for the U.S. economy is solid and promising.

The S&P 500 Index posted its best month of the year in November, with a clear election result and a “no-surprise” Fed rate cut providing support.

Last week’s market volatility was not surprising for readers of these commentaries, as I anticipated a jarring adjustment to readouts from the Fed Dot Plot that suggested less rate cuts in 2025.

For 2025, the financial markets will be entering a new chapter in the ever-evolving policy story. Indeed, not only will the U.S. economy be operating under a new political and attendant fiscal backdrop, but it will also be in the midst of a different monetary policy setting—rate cuts, not the after-effects of rate hikes.

We expect the playbook for emerging markets to be one of volatility at the start of the year, transitioning to growth and opportunity as U.S. trade policies and China stimulus plans become clearer.

Happy Holidays! As the page for the new calendar year will soon turn, three cheers for a happy, healthy, and prosperous new year! With 2024 rapidly drawing to a close, we reflect on the year and all that’s transpired—our readers are wonderful, the economy remains in good shape, and market returns have been stellar for those who participate.

As investors continue to step out of cash and potentially rebalance out of equities following their strong performance, we expect bonds to play a larger role in diversified portfolios next year.

If you happen to be a Bitcoin skeptic, you’re not alone. A recent Pew Research survey found that 63% of Americans are not confident in the reliability or safety of cryptocurrencies in general.

As we near the end of 2024, researchers, businesses, and investors have begun to question the overheated artificial intelligence sentiment.

We expect the opportunity set to widen for income investors in 2025, though less clarity around the second half requires a dynamic approach.

From start to finish, 2024 was a year of change, with a multitude of implications for investors.

I must confess, I have been aware of quantum computing for quite some time, but it was one of those things that always seemed far off. It’s now getting much closer.

A conversation with our stock selection team, part two.

Although AI has great potential to bring exciting changes to education, art, medicine, robotics, and other fields, it also poses major risks, most of which are not being addressed. Judging by the response so far from political and other institutions, we can safely expect many years of instability.

Last week’s market narrative was defined by yet another extraordinary surge in tech stocks, inflation developments generally aligning with expectations, and anticipation of the upcoming Federal Reserve meeting.

How a diversified liquidity strategy might help time-strapped corporate treasurers reduce vulnerabilities and improve adaptability in uncertain markets while maintaining access to cash.

Energy is everything. Or, if Einstein was right, you and I are just energy in material form. Accelerate us to lightspeed squared and we might become something else.

The clouds hanging over Boeing’s operations finally appear to be clearing.

Many hot trends have been turned into equity portfolios. But fads aren’t investing themes and may be flawed as standalone investments.

The transition from bank-dominated lending to a diversified financing ecosystem offers unprecedented opportunities for private credit investors.

We expect high yield bond issuers to maintain healthy balance sheets and defaults to remain low.

Republicans have lashed out at the Inflation Reduction Act (IRA), a landmark package of incentives for clean energy, since it was passed two years ago.