Articles

Articles from our Weekly Newsletters

How Wealth Firms Can Productize Their Services in 2026

One of the biggest barriers to productization is conceptual. Wealth management has long been built on a relationship-driven model, where customization is viewed as a core value driver. Advisors pride themselves on tailoring solutions to individual client needs, and for good reason.

The Emperor’s No Clothes: Steven Pinker on What We Think That Others Know

Steven Pinker's latest book digs into why the knowledge we hold in common matters and how it helps society operate more smoothly.

Why Asking The Fiduciary Question Is No Longer Enough

The word fiduciary no longer answers the only question that matters: Whether the advice you are given is shaped by what the advisor earns from giving it. Many advisors will tell you, accurately, that they are fiduciaries, and many will say they have no conflicts without disclosing the ones they hold.

Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths

For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.

SpaceX Joins Nasdaq 100 as Wall Street Makes Bullish Calls

SpaceX joins the Nasdaq 100 Index Tuesday as Wall Street brokerages launch coverage of Elon Musk’s rocket, satellite and artificial intelligence company with a clear consensus: buy the stock.

Tech Volatility Hits Highest Since Dot-Com Bust Next to S&P 500

The higher the rally in technology high-flyers, the louder the anxiety around a new wave of turbulence in the group.

Zuckerberg and Musk’s AI Failure Club Has Its Perks

When Mark Zuckerberg gets a bold new business idea, he likes to throw money at it. Last summer, he dropped $14.3 billion for a 49% stake in Scale AI, allowing him to poach its wunderkind founder Alexandr Wang to lead a new project to build artificial-intelligence systems that surpass human intelligence.

Private Equity for Everyone Is Getting Out of Hand

Private equity may be our No. 1 economic boogeyman. It is blamed for rising real estate prices, poor medical care, and ruining many of the businesses we used to love.

Where Stock Picking Still Pays: Adding Dispersion to the Rotation Graph

Every sector chart tells you where the crowd is. Almost none tell you the thing a stock picker actually needs to know: Inside a given sector, how much room is there to beat the average name?

More Market Wisdom From Jesse Livermore

What is remarkable about Livermore is that his rules are still incredibly valuable. The markets he traded in no longer exist. The technology, the communication speeds, and the regulatory framework of his day are unrecognizable compared to today. But the principles and behavioral patterns he identified are as operational in 2026 as they were a hundred years ago.

The Movement to Personalize Retirement Investing for 70 Million People

Personalization is high on the list of improvements because investing is personal. But we need to be careful in delivering personalization and to recognize the important distinctions between risk capacity (the ability to take risk) and risk tolerance (the willingness to take risks).

AI Promises to Transform Robotics, Just Not Yet

The US industrial robot industry is characterized by low growth and highly customized projects. Artificial intelligence holds out the hope to change that, especially when it comes to robots that can move and work safely around humans.

Quant Hedge Funds Extend Worst Run Since 2023 as Momentum Slides

A violent rotation in the underbelly of a bullish stock market is extending the worst run for quantitative hedge funds since 2023.

Goldman Cuts Yen Forecast to 165 Per Dollar, Likes Carry Trades

Goldman Sachs Group Inc. sees the yen weakening to 165 per dollar in a year’s time, driven in part by Japan’s interest rate differentials with the US.

Oil Steadies After Recent Slump With Hormuz Flows in Focus

Oil held onto its recent run of losses, with traders looking for clues on flows through the Strait of Hormuz as barrels continue to return to the market after months of disruption.