Join Sprott Asset Management for an educational webcast exploring rare earths, their growing strategic importance, and the global effort to build secure supply chains outside China.
Discover the top 10 most-read charts from the first half of 2026, covering historic market valuations, record margin debt, recession indicators, and global index performance.
Netflix Inc. has been one of the worst stocks in the market over the past 12 months as concerns about the video-streaming giant’s plans and prospects refuse to go away. Now, investors worry that its earnings report after the close will confirm those fears.
Dr. Illah Nourbakhsh, Professor of Robotics at Carnegie Mellon University, brings his research expertise to a frank conversation about which jobs physical AI will genuinely displace, which are more resilient than the headlines suggest, and how families can make smarter decisions about education and career planning in a world where the robots are already showing up for work
Hoisington Investment Management Co., the bond manager known for its bullish stance on US Treasuries going back more than 30 years, has turned bearish.
Is it a bubble or isn’t it? That’s what everyone seems to be asking about the US stock market. I say it isn’t. A bubble to me is when price becomes disconnected from any rational, articulable value, the way people chased opaque schemes in the Roaring 1920s or the blind faith in new internet companies in the 1990s.
Builder confidence edged lower in July as ongoing affordability challenges continue to affect the housing market. The National Association of Home Builders (NAHB) Housing Market Index (HMI) fell 2 points from June to 34 this month, marking the 27th consecutive negative reading.
The National Association of Realtors® (NAR) pending home sales index sank 5.4% in June to 72.5, the lowest level since January.
Captain Ahab never caught Moby Dick, but Morgan Stanley shows how tracking billionaire tech whales like Elon Musk can eventually land a fortune. Not long ago, the bank appeared to have shot itself in the foot as lead lender on the disastrous $44 billion buyout of social media platform Twitter, now known as X.
The Philadelphia Fed manufacturing index showed activity expanded significantly in July, with the index jumping 31.1 points to 41.4. This marks the highest level for the index since November 2021 and was more than triple the forecast of 12.7.
General Douglas MacArthur once remarked that “rules are mostly made to be broken.” He was at odds with U.S. President Harry Truman over the conduct of the Korean War, feeling that the restrictions placed on his forces weren’t supportive of success.
Eli Lilly & Co. agreed to buy AtaiBeckley Inc. for as much as $3.8 billion, underscoring growing interest from large drugmakers in the once-fringe area of psychedelic medicine.
Friday, July 10, may have been ordinary for those outside the investment community, but for folks engaged with the market, it marked an opportunity to gain exposure to the second most valuable company in South Korea. On Friday, SK Hynix (SKHY) became available to U.S. investors via the Nasdaq.
This paper presents the case for emerging market (EM) allocations within the broader context of global investment strategy. In a period of heightened geopolitical complexity—spanning the 2026 US-Iran conflict, challenges to globalization, political transformation and ongoing great power competition—we believe the case for engaged emerging markets exposure has never been stronger.
The Q2 earnings season is off to a rollercoaster start. The big banks collectively reported strong numbers, boosted by active capital markets and another impressive set of sales & trading revenue. And it was the usual chorus of bank CEO macro commentary:
In June we pointed out that Health Care looks cheap. Even though it has been rallying hard of late, the sector continues to trade at a 59% price-to-sales discount to the S&P 500, despite having an 18% return on equity (ROE) that is just a hair below the 19% ROE accorded the S&P 500.
Although economic conditions did not change much between the first and second quarters, investors were far more bullish in the second quarter.
For decades, traditional index-based ETFs have served as the low-cost foundational anchor for core allocations, consistently demonstrating that outperforming a broad market index is an uphill battle.
After a difficult start to the year, investor sentiment reached a low point near the end of March as concerns around inflation, geopolitics, and rising interest rates weighed on risk assets.
We had a data center at my first banking job. It was a dusty room filled with old Federal Reserve Bulletins, Economic Reports of the Presidents, and annual reports from the International Monetary Fund. I was the search engine, and the operation was powered by caffeine.
What were the key takeaways from last month’s numbers? Our corporate bond specialists look back at the market’s performance and provide incisive commentary to help you make sense of what drove the market—and what may be on the horizon for fixed income investors.
Join ProShares Global Investment Strategist Simeon Hyman and team for a mid-year market outlook discussing:
Manufacturing activity grew significantly in New York State, according to the Empire State Manufacturing July survey. The diffusion index for General Business Conditions remained in positive territory for a fourth straight month, jumping 9.9 points to 15.6 and coming in above the 9.3 forecast.
The universe of alternative investments is only growing. As advisors increasingly look for opportunities to diversify their client portfolios. But independent advisors who have purposefully built their businesses on doing what is best for their clients deserve to have partners who are doing the same.
The labor gap is creating pressure on firms to do more with their existing teams, and AI is giving those teams the tools to actually do it. Here is how firms achieve double-digit growth using AI, even while navigating a workforce transformation they cannot fully control.
incoln National Corp. is in advanced talks with Talcott Financial Group for a reinsurance deal that would shift billions of dollars of life insurance reserves off its balance sheet, according to people familiar with the deliberations.
For this week’s column, in the wake of the holiday celebrating our country’s independence, I’ll share some independent thinking for advisors to implement, whether it be with their teams, in their practice or with their clients. I’ll keep it brief in the hopes you will find one or two things that resonate.
BlackRock Inc. pulled in $192 billion of net client cash in the second quarter, with investors pouring money into exchange-traded funds and pushing total assets above $15 trillion for the first time.
In the span of just two weeks, Meta Platforms Inc. has gone from a market afterthought to one of its hottest stocks, as investors finally like what Facebook’s parent is saying about its artificial intelligence plans.
Artificial intelligence is reshaping every business, including ours. But the hardest challenge is not adopting it. It is rewiring your company around it. How corporate leaders respond to that test will determine whether AI shrinks their ambition or raises it.
The median house price in Nantucket, Massachusetts, is nearly $4 million. It was just $500,000 in 1995. This sounds like a stunning increase in one of the hottest and least accessible real estate markets in the country.
The current level of stock market valuations remains – easily – the most speculative extreme in U.S. financial history, beyond both the 1929 and 2000 extremes. Our baseline estimate is that the S&P 500 has a material risk of losing something on the order of 75% over the completion of this cycle.
Investors should consider where in the capital structure they are best compensated for risk. Equity may offer income with upside potential from active asset management, whereas debt may offer income with downside mitigation.
The first half of 2026 reinforced an important lesson for fixed income investors: Tax-loss harvesting opportunities don’t always arrive at year-end, often appearing during short periods of market dislocation when interest rates rise, new-issue supply increases or investor sentiment shifts.
When it comes to space stocks, Elon Musk’s SpaceX (SPCX) is clearly the big kahuna. After all, the company just completed the largest initial public offering (IPO) in history, rapidly joining the $1 trillion-plus market capitalization club in the process. However, the broader space economy extends beyond a single company.
The tech-heavy NASDAQ benefited from a semiconductor rebound and renewed enthusiasm for AI infrastructure names. The Dow, weighted more toward “old economy” stocks than high-growth names, captured none of last week’s gains.
LPL Research examines how sticky inflation, Fed leadership changes, and AI-driven borrowing are shaping the fixed income outlook for 2026.
Historically, many in the pension industry viewed funding above the "plan termination level" as having little incremental value. Once a plan reached “plan termination level”, thought of as roughly 110% funding, conventional wisdom suggested additional surplus had little economic value because it is effectively "trapped capital."
It has been an eventful six months, and we are delighted that the Equity Dislocation Strategy has risen to the occasion. The Strategy generated a 9.05% net return in the first half of 2026, compared with a 1.3% return for MSCI ACWI Value minus MSCI ACWI Growth, a broad proxy for the value-growth spread.
The Fed's recent shift into a more hawkish mode creates concern about banking profits later this year, but second-quarter results are seen strong thanks to IPOs, mergers.
Regardless of how inflation is measured or debated, households continue to feel the cumulative effect of higher prices. The cost of goods and services have risen at a high pace over the past several years, and wage growth has not always kept pace evenly across households.
After a wild last 12 months in a technology stock boom – and more recent volatility – the question du jour, in our view, is not whether AI is transformative.
Every major geopolitical crisis has two types of effects: those that occur during the crisis itself and those that remain on a long-term basis, perhaps even permanently. The US-Iran conflict is no exception.
The NFIB Small Business Optimism Index rose 2.1 points to 97.4, reaching its highest level since February. However, the index remains below its historical average for a fourth straight month.
The June release of the Consumer Price Index for Urban Consumers (CPI-U) places the year-over-year inflation rate at 3.53%. This pushes inflation back below the post-WWII average of 3.72% for the first time since March. Meanwhile, this marks the fourth consecutive month that the current rate is above the 10-year moving average, which currently sits at 3.29%.
This series has been updated to include the June release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $54,560, down 5.7% from over 50 years ago.
Advances in data aggregation, secondary market pricing, and index construction are delivering institutional‑grade insights to a wider audience. Improving access to data and technology helps to build a more transparent bridge that supports confident participation in the growing private markets ecosystem.
Goldman Sachs Group Inc. trounced its own Wall Street stock-trading records, posting $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility around artificial intelligence and war in the Middle East.
To close the visibility gap, analysis must begin with the “borrower model,” not the fund. Once you know the types of businesses in a portfolio, their industry, revenue band, and geography, you can evaluate them against a statistically robust universe of similarly situated companies.
The US Bureau of Labor Statistics said Tuesday that the Consumer Price Index fell 0.4% in June, bringing the inflation rate over the past 12 months down to 3.5%. That’s good but not good enough. Inflation is still too high.
