The yield on the 10-year note finished August 14, 2026 at 4.68% while the 2-year note ended at 4.17%.
Inflation affects everything from grocery bills to rent, making the Consumer Price Index (CPI) one of the most closely watched economic indicators. The Bureau of Labor Statistics (BLS) tracks this by categorizing spending into eight categories, each weighted by its relative importance.
Inflation moderated for a second straight month, coming in at 3.4% year-over-year in July. The headline figure for the Consumer Price Index (CPI) was in line with economist estimates.
The mantra carrying the markets higher for years has been to leave it to mega-cap tech titans and AI leaders to drive the bulk of market gains, leaving cap-weighted indexes historically top-heavy. But a new narrative has begun to take over.
Here is a summary of the four market valuation indicators we update on a monthly basis.
The Q Ratio is the total price of the market divided by the replacement cost of all its companies. As of July 2026, the latest Q-ratio is at 1.83.
Based on July's S&P 500 average of daily closes, the Crestmont P/E of 43.8 is 184% above its arithmetic mean, 212% above its geometric mean, and is in the 100th percentile of this 14-plus-decade series.
The inflation-adjusted S&P Composite Index was 211% above its long-term trend at the end of July.
The S&P 500 capped off its best week since April with a record close, ultimately finishing with a gain of 3.6%.
Following historic inflows, momentum in the covered call ETF market continues unabated. Yet first-generation buy-write products were often viewed somewhat narrowly as high-yield income vehicles built on sacrificing equity upside for immediate cash flow. While early strategies proved the massive appetite for yield, they also exposed key advisor pain points — from steep NAV erosion in bull markets to tax-inefficient distributions.
Join the experts at Harbor Capital and PanAgora for a product due diligence session exploring the Harbor PanAgora Dynamic Large Cap Core ETF (INFO).
Join the experts at T. Rowe Price for a product due diligence session exploring how modern derivative-based strategies can be used to supplement the income sleeve of a portfolio and systematically gain market exposure.
Markets may have ended the first quarter with a thud, but stocks put another record run in the books to close out the first half of 2026. The U.S. ETF market had already shattered records, crossing the $15 trillion threshold and cruising past $1 trillion in net inflows right before summer officially began.
Markets have been hyper-focused on AI, crypto and buffer ETFs, but REIT ETFs have quietly staged an impressive comeback. The REIT terrain has shifted rapidly over recent years, and forward-looking investors and advisors have taken notice.
Join the experts at MassMutual Strategic Distributors for an educational webcast exploring income riders and how to evaluation variable annuities beyond surface level features so you can match the right rider to each client’s investor profile and retirement goals.
Markets have treated AI as a gold rush of LLMs, chips and cloud applications, but as the industry shifts from chatbots to agentic systems — AI that autonomously runs workflows and makes decisions — hyperscalers are now facing a brutal physical bottleneck.
Join the experts at Reckoner for an educational webcast exploring the CLO space and how to navigate it.
Join the experts at Precidian Investments as they explore how to recognize, mitigate, and manage currency risk and how to better approach your international exposures.
GraniteShares and VettaFi are bringing together the experts to demystify autocallable and barrier ETFs: how they generate superior income, how barrier levels protect against the downside, and exactly how they fit into a modern income strategy.
Join the experts at CoinShares for a fireside chat to get all of your questions answered about bitcoin, beyond just the basics.
Join the experts at WisdomTree for an educational webcast exploring how an efficient core can add diversification without compromising on the essentials.
Join the experts at Pictet for a product due diligence session covering how PBOT opens portfolios to direct exposure to AI and automation, from semiconductors and software to advanced manufacturing and autonomous systems.
The primary contagion risk is sector concentration. Software and tech-enabled services represent roughly 15-20% of direct lending portfolios. A meaningful portion of these loans also resides in the Broadly Syndicated Loan (BSL) market – the bedrock of CLO ETFs – leading to a software weighting of 12–18% in typical CLO collateral pools.
Diversification is finally paying off. After more than a decade of U.S. dominance, international equity ETFs are enjoying monster inflows, outpacing their domestic counterparts for the first time since early 2023.
Join the experts at Measured Risk Portfolios for a product due diligence session covering the MRP SynthEquity® ETF (Ticker: SNTH).
Join Simplify to learn all about the Simplify VettaFi Private Credit Strategy ETF (PCR). Learn where it fits in your portfolio and how you can use it to get unadulterated exposure to private credit.
The U.S. ETF market has reached a tipping point. With nearly 5,000 funds now trading—officially outnumbering listed stocks — the industry is flooded with complexity.
Not long ago, CLO ETFs were niche vehicles only talked about at credit conferences and in sophisticated bond manager circles. But fast forward to 2026, and they’ve entered the mainstream – drawing meaningful interest from both institutions and retail investors.
There’s no stopping the momentum in the ETF market. January 2026 brought a record $166 billion in net inflows, surpassing the last three Januarys combined.
Another blockbuster year for bond ETFs is in the books. After two straight years of record net inflows, taxable fixed income ETF assets have nearly doubled since 2020 – crossing the $2 trillion mark. But the big story in 2026 will be rising pressure to move out of money market funds.
The MSCI Emerging Markets index rallied more than 30% in U.S. dollar terms, easily outpacing the S&P 500 and other developed market benchmarks. And many are expecting that broader outperformance to continue in 2026 – thanks to a combination of macro developments, valuations and AI exposure.
In a year where moderation, not momentum, may define returns, options-enhanced ETFs offer an attractive way to stay invested while monetizing the more limited upside many expect.
Ample volatility and shifting rate expectations have sent investors on an avid search for stability and diversification.
This actively managed strategy marries long duration purchased call options on the S&P 500 with 15% of the fund with a 1-year short duration treasury ladder with 85% of the portfolio, giving investors the potential long run compounding returns of the equity market, with measured risk in advance of a potential market decline.
Thanks to AI, cloud computing, and renewable energy reshaping the global economy, one under-the-radar sector surging to the forefront is utilities. Long considered a sleepier, more defensive, “old economy” play, utilities stocks and ETFs are quickly becoming the backbone of the digital and green revolution.
The record rally in equities churns on, with the latest batch of strong bank results helping fuel the market’s forward momentum.
Low volatility exchange traded funds are a compelling solution for those looking to dampen risk while staying invested.
A new era of regulation is bound to bring high hopes for the crypto bulls. House Republicans are now gearing up for “Crypto Week” – during which the committee has agreed to prioritize digital asset legislation and review several crypto-related bills.
Join the experts at KJLK & Co., LLC as they explore a strategic approach to alternative, private market exposure and unpack why it matters in today’s market environment.
Fears of an impending recession may be fading, but economists are still expecting tepid GDP growth for the year.
Markets may be fretting over Federal Reserve policy and economic soft landings, but a handful of momentum ETFs have quietly been stealing the show. Across the array of factor funds, momentum has performed best this year.
In this webinar, we’ll explore how the Oakland A’s used a “Moneyball” strategy—favoring data over instinct—to beat the odds. And we’ll show how the same principle can be used to build stronger, more resilient portfolios.
The market narrative appears to change on a dime these days. Stocks may have staged a comeback to recoup almost all their post-“Liberation Day” losses. But the bottom line on the fixed income market hasn’t changed all that much.
Join the experts at SS&C ALPS Advisors and VettaFi for a 30-minute LiveCast on May 20th at 12:30 pm ET as they discuss midstream/MLP fundamentals amid market volatility.
Perhaps it’s time to improve upon indexing? Join the experts at Fidelity to learn more.
Even with tariff uncertainty, there’s no stopping the engine of ETF creation. More than 288 new ETFs have already launched this year.
Join the experts at Fidelity for an educational webcast that unpacks how to improve upon indexing through a thoughtful, actively managed approach.
Join the experts at SS&C ALPS Advisors for a product spotlight on their dynamic commodities strategy that could help your portfolio better navigate inflation and uncertainty.
Join the experts at KraneShares and Hedgeye as they explore a unique approach to minimizing volatility compared to traditional hedged or buffered products.
