Articles

Articles from our Weekly Newsletters

Fear Mosquitoes, Not Investing: Ben Carlson Tells Us to Learn to Love Stocks

In his new book, “Risk & Reward: How to handle market volatility and build long-term wealth,” Ben Carlson relies on history to defend investing in U.S. stocks. Carlson calls the U.S. stock market “the greatest wealth-building machine ever created,” and nudges his readers into thinking its success will continue.

Volatility Is No Longer Keeping Crypto out of Portfolios

Crypto has clearly matured considerably as an asset class, and it's exciting to hear more advisors speak about the opportunity it presents — without being scared away by its volatility. The real question today is how much of a portfolio allocation is appropriate given their specific objectives and constraints.

Where’s My Lunch?

Probably the most popular insight to make its way from finance theory into everyday usage is that "diversification is the only free lunch" in investing. The idea dates back to Harry Markowitz in 1952. He, and those building on his work, demonstrated that in an efficient market, investors shouldn't earn extra return for bearing company-specific risks that can be diversified away.

Treasury Market Is Telling Kevin Warsh Rates Need to Be Higher

The rise in US yields has extended across the entire Treasury curve, creating a charged backdrop for Fed policymakers and their new chairman, Kevin Warsh, who helms his first meeting and press conference next week.

JPMorgan Sees Stocks Powering Through Any Short, Sharp Pullbacks

US stocks have further to run as corporate earnings growth underpins sentiment despite some signals suggesting equities may have risen too far, JPMorgan Asset Management’s Jack Caffrey said.

US Trade Gap Narrows as Oil Exports Offset AI-Driven Imports

The US trade deficit narrowed in April as a surge in oil exports helped offset ongoing increases in imports of equipment powering the data center buildout.

Interactive Brokers Offers BlackRock ETFs in Savings Plans

Interactive Brokers Group Inc. is offering exchange-traded funds from BlackRock Inc. in savings plans in Europe, the latest platform to provide the booming product that’s become increasingly popular with mom-and-pop investors on the continent.

SpaceX, Anthropic, OpenAI Can Rewrite History for Megacap IPOs

The history of megacap initial public offerings shows that the stocks usually slump in the first year of trading. But upcoming listings from SpaceX, Anthropic and OpenAI are big enough and systemically important enough to the market that those analogies may not apply.

Managing the Disconnect Between High Markets and Consumer Worry

There is an old adage that the stock market climbs a wall of worry, which describes its ability to keep rising even amid negative economic news or events. This defies logic, yet I have watched it prove true time after time.

Quantum Computing: Hype or the Real Deal?

Quantum computing is being hailed as the next technology to revolutionize computing, following in AI's footsteps. But promising headlines loaded with industry jargon have a long history of appearing well ahead of reality. Accordingly, it’s important to better understand what quantum computing is, why it matters, and whether the hype is justified and worth investing in.

Will the U.S. Stock Market 4-Peat in 2026?

2026 is heading toward a four-peat of double-digit returns on U.S. stocks, but it will require P/Es to remain high — investors need to remain optimistic. In the past, when P/Es were high, investor fear kicked in and P/Es declined, causing stock market losses. Time will tell, but diversification is a reasonable strategy no matter the outcome.

Today’s Cap-Weighted Index Is an Identification Bet

If the market has correctly named the companies that will dominate the AI era, cap weighting will look brilliant, because it owns them in size and will ride them up for free. The real question is: How much do you want to bet the market chose the correct companies?

Brace for a Flood of Oil as Soon as Hormuz Reopens

My industry soundings are far more upbeat: When it happens, it would start as a trickle, but very quickly — in just a handful of weeks, if not days — transform into an oil flood. I’m on the side of the bears, as you may have guessed.

DoubleLine, Oaktree Brace for Potential AI Pain

Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform well if the artificial intelligence boom turns into a credit bust.

US Stocks Rebound From Selloff as Nvidia Leads Big-Tech Gains

US stocks bounced back on Monday from the worst rout this year, as a selloff in technology stocks eased and traders assessed flaring tensions in the Middle East, which supported oil prices and energy shares.