Today I’ll continue talking about uncertainty. I want to highlight the complexity we face and also describe the jarring surprise some of us feel when our most trusted sources say things we didn’t expect… and the importance of listening to them anyway.
The second quarter of 2025 started with a bang and ended with a whimper.
On Wednesday, Janus Henderson expanded its ETF lineup with the launch of the Janus Henderson Asset-Backed Securities ETF (JABS).
All the pieces are falling into place for silver’s bull market to accelerate, with a breakout into the $40s now looking increasingly likely in the near term.
In the one-year period ended June 2025, the S&P 500 Momentum Index rose 30%, essentially double the gain of the S&P 500.
This week, the White House released America’s AI Action Plan. This plan is the clearest signal yet that Washington now views AI as launching the next industrial super-cycle.
Policy shifts may create an incentive to diversify.
Women love gold! The popularity of gold jewelry makes this pretty apparent.
Technology offers plan sponsors powerful retirement planning and engagement tools.
The June Consumer Price Index (CPI) report offers clear confirmation that inflation is quietly reasserting itself.
The decision to transition from a traditional wealth management environment to an independent RIA model represents one of the most significant career moves today’s Advisors can make.
Versus other assets, gold and silver have been dominating year-to-date returns with the first half of 2025 in the books. With more market uncertainty ahead and as growth factors abound for alternative energy, the duo looks set for continued upside.
Century Aluminum is considering development of the first new US aluminum smelter in nearly 50 years — a move that could revitalize the domestic industrial metals landscape.
Last week, I returned to the small Maine town I mentioned in my Independence Day post.
The second quarter of 2025 was defined by an optimism that the global economy will find a path forward, where the initial shock of aggressive tariff announcements was replaced by a period of cautious uncertainty as the resilient and resourceful U.S. consumer provided encouragement for domestic equities.
Asset protection is important to protect assets from a lawsuit, civil claims or bankruptcy, and is often associated with high-net-worth individuals, business owners or professions that are high-risk, such as medical providers.
Trade-dependent Asia-Pacific (APAC) economies are at great risk from the U.S. reciprocal tariff plan. After a three-month deferral, a new series of letters from the White House suggests that the levies will go into force on August 1.
Tech earnings strength has lifted S&P 500 earnings growth in recent quarters and could again as major firms like Apple, Microsoft, and Intel gear up to report in coming weeks.
As AI and financial tech evolve rapidly, some question if AI will replace human advisors. In this exclusive Q&A, founding partner John Alexander answers with a resounding “no,” emphasizing that now is a breakthrough moment for financial advisors, not a breaking point.
Gold was up nearly 26 percent through the first six months of 2025, ranking as the top-performing asset class.
In the Q3 2025 equity market outlook, explore key questions amid tariff-related worries, prospects for European stocks, and the benefits of alternative data.
Bitcoin and gold share the same year-to-date return, both up 28% through July 16. So far, 2025 has been the year of diversification, thanks to hefty gains in international stocks, a positive (though rocky) return in the bond market, and tailwinds in the alternative asset space.
While the market has successfully looked through concerns over tariffs, it is important to note that this is still a dynamic situation.
Passed by Congress and then signed into law by the president, the GENIUS Act builds legal and some regulatory frameworks around stablecoins.
Trade is an economic alliance that benefits both countries. There are no losers only winners…And trade helps strengthen the free world.
Income-seeking equity investors don’t need to sacrifice growth to capture the power of dividends.
Retail speculation is once again gripping the markets. A recent Wall Street Journal article highlighted how the latest retail gambling vehicle—zero-days-to-expiration (0DTE) options—has exploded in popularity.
When we started gathering the economic and financial metrics we so often include in these letters, we found that for the second quarter in a row little had changed.
In January, our emerging markets (EM) debt outlook called for steady growth, manageable inflation, and resilience in the face of geopolitical noise.
The big banks kicked off earnings season last week when they reported results for the second quarter.
In this article, Russ Koesterich discusses the recent movement in oil prices and the commodity’s relationship to stocks within the broader economy
Mounting national debt and tightening financing conditions are pushing the US Treasury to rethink traditional funding strategies, and stablecoins have emerged as an unexpected contender.
As the market marches to new highs, just two months after a violent 20% selloff in equities, we ask ourselves how the narrative has shifted so quickly.
In the equities landscape, few stocks are as tethered to bitcoin’s price action as are cryptocurrency miners. Just look at the CoinShares Valkyrie Bitcoin Miners ETF (WGMI C).
The record rally in equities churns on, with the latest batch of strong bank results helping fuel the market’s forward momentum.
Second quarter earnings from the big six US banks surprised to the upside, revealing a resilient core: strong trading results, stable credit quality, and a late quarter rebound in investment banking activity.
For investors, 2025 has not gotten off to the start that many had envisioned. Many will assume that I’m referring to political turmoil relating to tariffs or spending cuts by the Department of Government Efficiency (DOGE) and the corresponding market spillover.
The market's rebound from the April lows has had a speculative, risky leadership profile—but broader participation suggests the bull can keep running for now.
Jérémy Le Bescont, editorial manager at CoinShares, recently sat down with Eric Balchunas, senior ETF analyst at Bloomberg to discuss the intersection of crypto and ETFs.
Doug Drabik discusses fixed income market conditions and offers insight for bond investors.
In a series of blogs, our experts look back on an exceptionally volatile first half, then offer their insights on what we might expect to see for the balance of the year. Let’s start with a high-level overview.
Last week, we covered my concerns about AI’s impact on jobs. This week, we’ll take a look at its impact on energy demand and who pays for that energy.
Despite continued economic resilience, the political storm brewing between President Trump and Federal Reserve Chair Powell has taken center stage.
We’re not surprised by the macro and market resilience, but it’s too soon to say we’re out of the woods, especially as the impact of uneven fiscal policy comes into sharper focus. Opportunities are out there, but context and discipline are critical.
Local currency rates and FX screen very attractive, while hard currency credit is neutral.
In this video, Chuck Carnevale, co-founder of FAST Graphs, aka Mr. Valuation analyzes Molson Coors Beverage Company (TAP) using the FAST Graphs tool.
Trade tensions spread to the copper and pharmaceutical markets.
The AI revolution is here. And for financial advisors, it's important to know AI is impacting the career paths of clients and their children.
Vanguard's Investment Strategy Group explores the emotional and time-saving benefits that investors can derive from professional financial advice. In general, advised clients report getting emotional value as well as spending less time thinking about and dealing with their finances.
