Backed by $4.6T in assets, we harness our active edge to deliver timely ideas and actionable insights that empower investors to achieve what matters most.
Timely resources to help long-term investors navigate markets
Our weekly insights
Stay current on the key topics affecting your clients
Weekly Market Recap
Browse our Weekly Market Recap for a summary of the latest U.S. stock market headlines and insights, including an update on the S&P 500 returns.
Notes on the Week Ahead
Start your week by listening to commentary on the markets and economy.
Don’t miss these opportunities to engage with our experts
Beyond the rally: Global equity opportunities in a more selective market
2026 Midterm Elections: Implications for policy and markets
4Q26 Guide to Alternatives: Alternatives Big Picture
4Q26 Guide to Alternatives Deep Dive: Asset allocation
Eye on the Market
Access our latest commentary
Get insights into top-of-mind topics
Explore the latest trends in AI infrastructure and data center development amid political uncertainty. Find out how these shifts affect technology investments and the U.S. economy.
Democrats won decisively on Tuesday. At time of writing, they appear to have gained about 44 House seats, for a majority of 259-176, and a Senate majority of about 55-45, with Mississippi's Senate race still too close to call. They won the popular vote by around 13 points and now hold 30 governorships, up from 24.
Explore expert insights on the US-Iran stand-off, Middle East supply routes and strategies for portfolio resilience amid rising geopolitical risks.
Discover how the Federal Reserve’s latest FOMC meeting impacts U.S. monetary policy, interest rates and inflation. Explore expert insights on economic outlook and what it means for investors.
Explore how artificial intelligence is reshaping capital spending and debt markets in asset management. Discover key investment strategies, risks and the impact of AI infrastructure volatility on future returns.
Learn how to build a resilient portfolio using insights from the 2027 Long-Term Capital Market Assumptions. Discover smart approaches to diversification and asset allocation for AI, inflation and rising deficits.
Learn how AI adoption is influencing earnings, portfolio diversification and investment strategies. Discover the four key traits that distinguish early leaders in the AI space.
Discover how natural capital investments in timberland, farmland and other real assets offer diversification and sustainable returns for investors seeking alternatives to tech-driven markets.
Learn how rising Treasury yields may pressure equities and what investors should watch as interest rates, inflation and Federal Reserve policy shape market performance. Explore the evolving connection between stocks and AI-driven market trends.
Discover how U.S. midterm elections impact equity markets, earnings growth and Federal Reserve policy. Explore expert insights on economic outlook and investment strategies for navigating market uncertainty.
Are data centers driving up your electricity bills? Learn about the factors affecting energy prices, household costs and the role of AI in power consumption.
The U.S. equity market is more concentrated than ever, with over 50% tied to AI. Find out how to diversify internationally, manage taxes efficiently and access new investment opportunities in global markets.
Explore how the AI theme is driving market trends. Learn about Growth vs Value performance, Russell 1000 index shifts and the impact of semiconductors and hyperscalers on investment strategies.
Curious about how higher interest rates affect private credit and fixed income investments? Explore expert insights on bond yields, portfolio strategies and the Federal Reserve’s influence on credit markets.
Get expert insights on the Federal Reserve’s September meeting, rate hikes and economic projections. Find out how global central banks, inflation and rising yields are influencing investment decisions.
AI safety concerns are reshaping the tech landscape. Discover how regulation, market reactions and investment strategies are evolving in response to artificial intelligence risks.
Discover how agentic AI and Chinese open-weight models are transforming AI cost efficiency and enterprise adoption. Explore the latest trends in the U.S. and China AI competition.
AI investment is booming, but how much is it really boosting U.S. growth? Dive into the data, GDP impacts, productivity and Fed implications.
Stay ahead with expert analysis on U.S.-China AI trends, trade dynamics and investment strategies. Understand how technology and policy are reshaping global economic competitiveness.
Explore the tax advantages of real estate funds and REITs, including deductions, depreciation and capital gains benefits for investors seeking higher after-tax returns.
Explore how leveraged ETFs and thematic ETFs are amplifying market volatility and investor exuberance. Learn what momentum investing means for today’s dynamic markets.
Learn how hyperscaler free cash flow, corporate bond issuance and AI-linked financing are transforming the US investment grade credit market and influencing tech spreads.
Explore key takeaways from the latest Fed meeting. Find out Chairman Warsh’s views on the economy and where interest rates may go in the near future.
Is the AI boom over or just getting started? Get expert analysis on AI market volatility, investment opportunities and the future of artificial intelligence stocks.
Discover what’s fueling global earnings growth in 2026, from the AI investment boom and rising energy prices to currency shifts, resilient economies and improved corporate governance. See how emerging markets, the U.S., the Eurozone and Japan are exceeding expectations, even amid global challenges.
Discover how U.S. stock markets perform during midterm election years. Learn about historical trends, volatility and why staying focused on fundamentals is key for investors.
Stay informed on 2026 market predictions. Review AI course corrections, stagflation risks, and growth prospects, plus practical asset allocation guidance for investors seeking stability and income.
Understand the Russell index reconstitution and its influence on portfolio risk, sector shifts, and benchmark strategies. Get expert insights on managing concentration risk and optimizing asset allocation.
Learn about Kevin Warsh’s debut as Federal Reserve Chair, the FOMC’s unanimous rate decision, and new economic projections. Find out how these changes affect inflation, employment, and financial markets.
Mega-cap IPOs are set to transform markets and stock indices. Find out how these large listings affect volatility, index inclusion and investor portfolios.
Recent college graduates face a tough job market in 2026, with rising unemployment and fewer opportunities in tech and finance. Discover the real reasons behind the skills mismatch, AI’s impact, and shifting hiring trends in the U.S. economy.
Discover how the Iran conflict is reshaping defense and security investing. Explore how rising munitions demand and new opportunities in military technology are impacting modern warfare.
Learn how to outpace college inflation with effective savings and investment strategies. Find out how 529 plans offer tax advantages, flexibility and simplify the path to funding higher education.
Discover how record earnings, soaring markets, and S&P 500 concentration impact portfolio risk. Learn strategies to manage volatility and hidden overlaps in today’s investment landscape.
The Strait of Hormuz closure is driving up freight rates and rerouting global trade. Discover how longer voyages and higher freight rates are presenting opportunities for investors.
Understand the effects of rising oil prices on U.S. inflation and the Federal Reserve’s next moves. Get expert insights on energy shocks, CPI forecasts and market risks.
Find out what the U.S.-China summit means for tariffs, export controls and global supply chains. Get expert insights on market trends, investment strategies and the future of international trade.
Discover how Kevin Warsh could reshape monetary policy, interest rates and market outlook. Learn what investors should expect from changes in Fed communication, inflation focus and asset allocation strategies.
Discover how the 2026 stock market rally mirrors previous market trends. Explore sector performance, AI impact, political events and S&P 500 earnings growth in this in-depth analysis.
Curious about investing in private markets? Discover how semi-liquid funds like interval funds, tender offer funds, non-traded BDCs and REITs are making private investments more accessible.
Explore expert tips on tax-loss harvesting, portfolio drift and year-round tax planning for investors. Find out how to manage capital gains and maximize refunds with smart investment strategies.
Explore how the rise of agentic AI is driving unprecedented compute demand, causing shortages in chips, power and data center infrastructure. Learn what this means for AI investment and business strategy.
Stay ahead with the latest S&P 500 earnings outlook for the first quarter of 2026. Explore sector growth trends, profit forecasts and key market insights to guide your investment decisions.
Private credit is under scrutiny—find out what’s driving investor concerns, how software industry changes can impact portfolios and why private credit remains attractive for long-term investors.
Navigate the risks and opportunities in bond investing after Treasury yields surge. See why short- and intermediate-term bonds may offer the best value in today’s market.
The Iran conflict is reshaping global markets—find out how surging oil prices, helium shortages and supply chain disruptions could affecti AI chip production and the semiconductor sector.
Uncover the hidden volatility and sector dispersion beneath the S&P 500’s surface. Learn how geopolitical risks and AI anxieties are presenting opportunities in 2026.
Explore how energy sector profits and oil price swings shape the US economic outlook and investment opportunities.
Middle East risks keep the Fed hawkish as the March FOMC holds rates, with markets repricing rate cuts. Explore implications for the US economy and fixed income.
Energy disruption adds volatility to assets, yet the case for disciplined diversification strengthens as yields rise and growth remains uncertain.
Discover how geopolitical conflicts impact the energy sector, the S&P 500 and oil prices—and what investors should watch going forward.
Discover what is driving US productivity higher and how AI may be affecting it. Learn the key drivers today and what this means for markets.
Discover how quantum’s long timelines and reliability gaps can fuel volatility—and how selective, diversified exposure helps investors limit drawdowns.
Discover how Iran’s conflict can drive inflation and volatility through energy shocks—and how diversification helps investors limit drawdowns.
Discover who stands to gain if Fannie Mae and Freddie Mac go public. Explore the impact of their IPO on mortgage rates, agency MBS, taxpayers and investors in the evolving U.S. housing market.
Explore why value stocks are gaining momentum in 2026. Get insights on how rate cuts, fiscal easing and AI capex lift cyclicals and broaden market leadership.
Explore the drivers behind the abrupt sell-off in software stocks in early 2026. Get insights on how shifting IT budgets toward AI infrastructure are reshaping sector allocation trends and the future outlook for private equity and credit investors.
Explore the drivers behind the abrupt sell-off in software stocks in early 2026. Get expert insights on AI disruption, sector allocation trends and the future outlook for private equity and credit investors.
Uncover the factors behind the impressive performance of emerging market equities in 2026. Get expert insights on earnings growth, macro trends and the future investment outlook.
Discover how the January jobs report impacts the U.S. economic outlook and Federal Reserve policy. Explore key labor market trends, payroll growth and unemployment rate changes for 2026.
Explore how investing in quality stocks can build resilient portfolios, offering stability and outperformance in uncertain market conditions.
Stay updated on the latest FOMC meeting: The Federal Reserve holds rates steady at 3.50%–3.75%, signaling a hawkish stance amid solid economic growth and stable unemployment. Discover what this means for inflation, fiscal stimulus and future rate cuts.
Explore the divergence between metals and energy prices in modern markets. Find out what drives commodity volatility and how investors can hedge risks with smart asset allocation.
Explore how robotics is emerging as the next frontier for AI in 2026, shifting market focus from model creators to infrastructure and real-world applications. Discover the technological breakthroughs, economic trends, commercialization challenges and investment opportunities shaping the future of AI-powered robots.
Explore the effects of government-backed MBS purchases on mortgage rates and housing affordability. Learn what this means for homebuyers and the future of the U.S. housing market.
Explore the latest trends in the AI boom for 2026, including tech stock performance, earnings growth, valuations, adoption rates and investment strategies. Discover why AI remains a compelling opportunity despite market volatility.
Stay updated on the latest December CPI report and its impact on Fed policy. Discover how inflation trends may influence interest rates and the Federal Reserve’s next moves.
Discover how AI is being monetized across infrastructure and applications, with hyperscalers investing billions in data centers, semiconductors and cloud services. Explore the evolving economics of generative AI, enterprise software pricing strategies and the critical role of diversification for investors in the rapidly expanding AI value chain.
What does U.S. intervention in Venezuela mean for oil markets, global politics and investors? Discover key insights on geopolitical risks and investment implications in this timely analysis.
Get the latest analysis on the Federal Reserve’s potential January rate cut, with insights from November’s jobs and CPI reports. Explore how government shutdown data issues impact unemployment, inflation and monetary policy expectations.
Discover what’s driving S&P 500 stock market returns in 2025. Explore the shift from multiple expansion to robust earnings growth, the evolving impact of the Magnificent 7, and broadening profit growth across sectors like financials, industrials, utilities and materials. Learn how market volatility and sector selection shape investment strategies for a resilient equity market.
The Federal Reserve cut the federal funds rate by 0.25% at its December meeting, signaling a continued easing bias for 2026. Explore the FOMC’s latest Summary of Economic Projections, inflation and GDP growth outlook and insights from Chairman Powell on monetary policy, risk assets and the bond market.
Explore the 2026 outlook for hedge funds with insights on active management, alpha generation and diversification. Learn how market trends, rate volatility and global macro strategies are shaping investment opportunities.
Discover the real impact of AI on layoffs in 2025. This expert analysis explores whether artificial intelligence is truly driving job losses or simply reshaping the workforce, with data-backed insights on industry trends, affected roles and the future of employment.
Explore the recent reversal in the low-quality stock rally and discover why fundamentals matter in today’s market. Learn how speculative sectors like AI, crypto and biotech have performed versus quality stocks and get insights on where investors should focus for sustainable returns.
Discover why recent Federal Reserve rate cuts aren’t boosting consumer spending as expected. Explore the impact on holiday shopping, household debt and interest income in our latest market analysis.
Can nuclear power solve the energy crisis for AI data centers? Uncover the challenges, investment opportunities and market impact of uranium and small modular reactors in the U.S.
Is Big Tech’s AI-driven bond issuance a threat to credit markets? Explore expert insights on AI-related debt, sector concentration and opportunities for investors in today’s investment-grade credit market.
Discover how the Supreme Court’s ruling on IEEPA tariffs could impact U.S. trade policy, global tariff rates and market volatility. Learn what new tariff powers the administration may use and what it means for businesses and investors.
Uncover the significance of stablecoins in today's financial landscape, offering stability and efficiency in decentralized transactions. Explore the GENIUS Act's role in shaping regulatory frameworks, stablecoins' applications in cross-border payments and blockchain marketplaces, and their impact on U.S. government debt and global finance.
The remainder of 2021 should see an acceleration in economic activity, rising inflation, and higher interest rates. In general, this dynamic should support the outperformance of value relative to growth, with attractive relative valuations acting as an additional tailwind for value outperformance.
While many changes are likely to emerge, one clear trend, with far-reaching macro and market implications, is the increase in leverage, says Azzarello.
The S&P 500 has marched steadily higher from its March 23rd low against a backdrop of investor skepticism. In previous posts, we have discussed how this rally is being driven by three things.
The balance sheet of the U.S. Federal Reserve (Fed) has increased by 2.9 trillion USD since the start of March, meaning that in just over eleven weeks it has grown more than it did in the five years following the Financial Crisis.
Year-to-date, emerging market (EM) equities are down -17.6%, as a combination of the COVID-19 recession and the oil price shock has led to downward revisions to earnings expectations, as well as weaker currencies relative to the U.S. dollar.
Global markets have roiled in the face of COVID-19 and social distancing, and many investors are looking to “pick up the pieces,” eagerly hunting for the next big opportunity.
Earlier this week, oil prices turned negative for the first time in history, with WTI trading as low as -$37 a barrel.
Over the past two months investors have digested the COVID-19 shock: the fast spread of the virus around the world, the social distancing measures implemented and the resulting economic and earnings recession.
1Q20 earnings season will provide an important first look at how the ongoing pause in global activity is impacting corporate earnings.
The industries most impacted by social distancing account for 20% of payroll employment, and consumer spending across those industries account for 20% of GDP.
Today’s objectively complicated credit market may be an excellent source of future portfolio growth, says Dryden.
Ultimately, how high the unemployment rate gets is dependent on one key question: will American small business fire its workers, says Manley.
Initial claims for unemployment insurance surged to the highest level ever: 3,283,000, spiking from a slightly revised 282,000 last week.
This paper, written by Dr. David Kelly, reviews the U.S> relief bill and its investment implications.
The U.S. Federal Reserve (Fed) has pulled out its alphabet bazooka in an effort to ensure sufficient liquidity and the smooth functioning of financial markets, while also providing credit to businesses that are affected by the spread of COVID-19 and the stall in global economic activity.
As economists continue to revise down their 2020 GDP estimates, a lot of clients have been asking us about the potential impact on earnings.
This past Sunday, the U.S. Federal Reserve (Fed) fired a last desperate salvo in an attempt to stabilize financial conditions, the second emergency inter-meeting cut in two weeks.
Coming into this year, we expected an improvement in global economic growth, as 2019’s policy uncertainty clouds dissipated.
The COVID-19 crisis confirms, once again, the value of a diversified portfolio, says David Kelly.
There is not a clear answer. However, what we can provide perspective on, is where we are finding value, according to David Lebovitz.
Former Vice President Joe Biden made a surprise comeback during the Super Tuesday contests, paving the way for a two-person race to the Democratic nomination.
Equity investors spend a lot time looking for where earnings growth will be strong; what doesn't get as much attention is what happens after they're generated.
Taken at face value, the fall in job openings is concerning and warrants careful monitoring.
Financial markets have fallen sharply on concerns of the coronavirus, a respiratory illness first identified in Wuhan, China, spreading globally.
Equity market valuations have risen substantially in recent months, with the forward P/E ratio of the S&P 500 now at a level of 18.6x.
Investors are now asking whether inflation could return, threatening the rally in financial markets.
Buying the dip - the coveted strategy (almost) all investors like to employ.
Rising geopolitical tensions with Iran have led to some fears over potential oil supply shocks out of the Middle East.
Rising geopolitical tensions with Iran have led to some fears over potential oil supply shocks out of the Middle East.
Market themes
Get everything you need, everywhere you go
