US stocks rose into the first trading day of the month as attention turned to this week’s heavy slate of earnings reports.
The deeper promise may be in human-AI collaboration. AIs may prove most valuable not as autonomous traders but as a counterweight to our very human behavioral biases such as overconfidence, recency bias, and the tendency to bet too big on views that feel certain but aren’t.
In this article, I explain why baby boomers in target date funds (TDFs) should not feel lucky today or in the near future. There’s a 40% chance that the typical TDF will have at least one losing year during the next five years. These are bad odds, especially since retirement with dignity is at stake.
Learn what Trump Accounts for advisors mean for financial planning, including contribution rules, employer funding, 529comparisons, and ETFs.
“Carnage” and “exploding” are very misleading descriptors of what is happening to hyperscaler credit spreads. Yes, the basket of CDS spreads is certainly moving upward, but it is not evenly distributed. Oracle's CDS spreads have moved by multiples, while the other four hyperscalers' CDS spreads have increased by a much more subdued amount, and from unusually tight initial levels.
Chris Galipeau discusses high-conviction insights that go beyond media headlines.
In this video, Chuck Carnevale introduces Charles, the new AI-powered research assistant built into FAST Graphs for Premium subscribers. Charles is designed to help investors research stocks faster, more thoroughly, and with greater confidence—without telling them what to buy or sell.
This week’s vote from the Federal Reserve FOMC committee is going to have implications for quite some time. I think most of the pundits who are writing about this have their analysis wrong. This was not just a vote to not raise rates. I think there was a lot more going on behind the scenes.
Schwab Sector Views is our six- to 12-month outlook for stock sectors, which represent broad sectors of the economy. The Schwab Center for Financial Research (SCFR) combines a factor-based approach with a market and economic assessment to determine the ratings.
In the race to win a coveted role on the next mega US IPO and manage the ensuing riches, Wall Street’s wealth advisers are ramping up lending to founders and entrepreneurs based on the soaring values of their private companies.
For anyone worried about the gargantuan costs of developing artificial-intelligence infrastructure, it was comforting to think that Big Tech firms could just turn off the spending taps if demand for chatbots and coding tools didn’t pan out. That’s starting to look like wishful thinking.
It’s true enough that history rhymes, even if it doesn’t necessarily repeat. But that creates danger when we pick up resonances from the wrong episode of history, particularly in the fraught task of identifying and avoiding speculative bubbles.
As concerns grow about the market’s biggest companies, investors are looking further down the market-cap scale. Mid-cap innovators are drawing more attention because they have more room to grow.
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.
LPL Research explores whether hyperscalers can generate attractive returns on massive AI investments through a framework focused on ROIC, growth, and capex.
Fixed income can serve several important purposes within an investment portfolio, including income generation, capital preservation, diversification, and supporting future cash flow needs. Unlike growth assets, an individual bond generally provides a defined schedule of interest payments and a stated maturity date.
Energy markets have reached a precarious moment, with the path of prices over the remainder of the year – and potentially beyond – hinging on two key questions.
In part two of AB’s “Build a Better Path” Disruptor SeriesTM, we shifted from diagnosing the challenge of long-term investing to a potential approach for solving it. With practical, actionable steps, investors have the potential to translate the concept of improving up/down capture into strategies aimed at improving portfolio design.
In this report, John P Kerschner, Global Head of Securitized Products, Daniel Siluk, Head of Global Short Duration and Liquidity, and Michael Contopoulos, Head of Multi-Asset Macro Investing, make the case for why it’s time for short-duration bonds.
GMO’s liquid alternatives are hedge fund strategies (e.g., equity long-short, global macro, event-driven) managed with an emphasis on risk control and liquidity. The GMO Alternative Allocation Strategy (“ALTA”) is a liquid alternative solution combining several underlying strategies; ALTA is available in a mutual fund with daily liquidity.
US stocks rose at the open on Thursday as Microsoft Corp. soared 16% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., gained as well.
Europe’s big banks have joined the global stock trading party. Danger lurks, however: When the market turns, it is often brutal.
The conventional wisdom in tech is that it’s better to overspend than miss out on a blockbuster hit. Of course, Big Tech’s investors hate when their companies overdo it.
If you’d rather get ahead of where income allocations are heading than read about them in next quarter’s flow report, this is the session.
Oil markets have entered a period of heightened volatility. Geopolitical tensions, shifting supply expectations, and uncertain demand forecasts continue to weigh on investor sentiment. This environment can make traditional energy investing challenging. However, it also increases interest income generation strategies like the Amplify Energy & Natural Resources Covered Call ETF (NDIV).
The Federal Reserve left its policy rate unchanged in July, with three participants dissenting in favor of a hike. Prior to the meeting, markets had priced roughly a one-third probability of a rate hike, so the hold was dovish relative to market pricing.
As families prepare for college move-in season, the packing list usually starts with the obvious essentials: bedding, a laptop, chargers, school supplies and plenty of snacks.
Once again, the Federal Open Market Committee (FOMC) decided to remain ‘on hold’, keeping the fed funds trading range at 3.50%–3.75%. Although there had been earlier conjecture in the money and bond markets the Fed may raise rates at the July gathering, that sentiment ultimately faded, and the final result was largely expected.
U.S. equities finished lower last week as investors weighed an escalating conflict with Iran against renewed concern over the scale of AI-related spending. The technology-heavy NASDAQ Composite was the worst performer, falling 2.1 per cent, while the S&P 500, an index of the largest U.S. companies, declined 0.6 per cent.
Private equity has become easier than ever for individual investors to buy. Founders, executives, physicians, and business owners now regularly see private funds offered through banks, wealth platforms, feeders, evergreen vehicles, or registered interval funds. However, just because these funds are more readily available, and at lower minimums, does not mean they should immediately be invested in.
South Korea and Taiwan are grabbing the majority of financial news headlines when it comes to international exposure, but a peek inside Latin America reveals potential opportunities. Brazil, in particular, could be offering investors ample value in both equities and bonds beyond those aforementioned countries already benefiting from the artificial intelligence (AI) buildout.
A continued escalation in the Middle East, where the Iranian-backed Houthis joined the conflict in an attempt to disrupt Saudi Arabian crude shipments that pass through the Red Sea via the Bab-el-Mandeb Strait, drove oil prices higher, while new tariff announcements and Alphabet's earnings release created headwinds for equities.
Considering that the Federal Reserve has been meeting this week, it’s safe to say that inflation is likely front-and-center on the minds of many advisors and investors. After all, energy prices and supply chain constraints have kept inflationary pressures far more persistent than the Fed would like.
Clients do not need us to predict whether the next 10% move is up or down. They need help staying invested in a way that matches their goals, their time horizon, and their actual tolerance for risk. Staying invested is easier when clients understand what each part of the portfolio is designed to do.
Investors overwhelmingly recognize the value of financial planning, but a substantial planning gap remains. The desire for guidance is there. Access remains the challenge.
In the current macroeconomic landscape marked by higher-for-longer interest rates, investors looking to optimize their short-term capital allocations may want to consider collateralized loan obligations (CLOs) as a higher-yielding potential alternative to traditional cash proxies like money market funds.
Wall Street is racing to roll out complex investment products tied to SpaceX shares that aim to shield buyers from future losses amid a sharp selloff following its market debut.
The US dollar will weaken if the Federal Reserve leaves interest rates unchanged this week, according to TD Securities.
One of this year’s hottest themes in the stock market has been the crowds of traders chasing the recipients of all the planned spending on new artificial-intelligence data centers.
The US economy grew 2.0% in 2025 and it looks like it is growing another 2.0% this year. Real GDP grew at a 2.1% annual rate in the first quarter and, as we set out below, it looks like it grew at a 2.0% rate in the second quarter.
The market encountered its stiffest test in months last week as rising oil prices, higher bond yields, and renewed scrutiny of AI capital spending combined to pressure many of the year’s biggest winners. Easing tensions over the weekend have buoyed stocks. If the Strait of Hormuz was opened, I believe the market would be 5% to 10% higher.
With the US-Iran conflict nearing the five-month mark, equity markets have mostly shrugged off the latest escalation. On one hand, that’s understandable – a healthy economy and record corporate profits continue to support the market’s fundamentals. But a note of caution is warranted.
Without the support of rate cuts by the Federal Reserve, it’s been a lethargic year in terms of performance by municipal bonds and the related ETFs, but that doesn’t mean advisors and fixed income investors should ignore this bond segment.
Home prices fell for a third straight month in May according to the S&P Cotality Case-Shiller index, as the housing slowdown continues. On a seasonally adjusted basis, the national index was essentially flat month-over-month and was up 1.1% year-over-year.
Discover Aberdeen’s closed-end funds (CEFs) for high yields, illiquid assets, long-term investments, and resilient income for 2026.
As equity compensation becomes a larger component of employee wealth, financial advisors are helping clients navigate the complexities of stock options, RSUs (restricted stock units), and ESPPs (employee stock purchase plans). Here, three financial advisors discuss how to balance the upside potential of equity awards with tax planning, concentration risk, diversification, and strategic exercise decisions.
In the coming years, more investors will expect financial planning to be a key part of the services they receive from advisors. To be prepared, advisors will need technology to help streamline added workflows, as well as the expertise of certified financial planners to support their clients long term.
BlackRock Inc.’s $12.55 billion bond sale tied to a Meta Platforms Inc. data center rallied in early trading on Monday in a sign that relatively high yields on the debt ultimately attracted investors.
CME Group Inc. said the debut weekend of 24/7 trading for its one-ounce gold futures saw stronger-than-expected demand with deep liquidity despite subdued volatility.
