European stocks fell, tracking their deepest weekly decline since August, as a risk-off mood hit some of this year’s top-performing technology shares. The decline was driven by investor concerns over lofty tech valuations and uncertainty regarding the US Federal Reserve’s next move on interest rates. The market slightly recovered after a Fed official hinted there was room for rate cuts in the near term.
The ETF industry continues to grow, with new funds arriving all the time. Each year, hundreds of ETFs arrive on the scene, from covered call ETFs to active bond ETFs and everything in between.
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector.
Just six months ago, Alphabet Inc. investors feared the company could be a casualty of the artificial intelligence revolution. But after a trillion-dollar rally those concerns have flipped, and now the biggest worry is if the stock is getting too expensive for its own good.
This reflective column explores five key life lessons learned over my last year, emphasizing the importance of health, strong family relationships, and giving back to the community. These insights are used to offer financial advisors specific ways to engage clients beyond just investments, by focusing on passions, supporting family goals, and preparing for life's unexpected crises.
The result is the first sustained selloff for the group since April, with the Nasdaq 100 leading the broader market lower as investors ditch tech winners in favor of more defensive stocks. One of the beneficiaries: companies with juicy dividend payments.
Investors will be looking for a read on hyperscaler AI spending, the impact of rising competition, and expansion to new growth areas in the chipmaker's upcoming Q3 earnings report.
For the third quarter of 2025, most energy infrastructure companies maintained their payouts, with MLPs largely providing sequential growth. Still, the vast majority of midstream companies have increased their dividends within the last year.
Health savings accounts (HSAs) are increasingly being considered by individuals looking to offset healthcare costs, which are set to rise significantly in 2026. But some HSAs also offer investment options that can simultaneously help savers grow their retirement income, financial experts share.
Fed policy — not free markets — now plays a crucial role in forecasting how today’s speculative excesses might return to their normal levels. Will it be a pop, a slow leak, or will the Fed keep bubbles afloat at any cost?
The boom in artificial-intelligence investment is undoubtedly boosting both the US stock market and the broader economy right now. But what about the longer term? Will AI be a big net positive, delivering prosperity and solving the nation’s fiscal problems?
As someone who’s been involved in capital markets his entire adult life, I can safely say that gold investors haven’t seen a period like this in decades. The third quarter of 2025 was nothing short of historic, and in many ways, I believe we’re witnessing the beginning of a new era for the yellow metal.
Retirement planning shouldn’t be defined by “needs” but by the lifestyle you want to sustain. This piece reframes retirement as a phase for living fully—balancing taxes, inflation, and income sources to enable abundance.
Chinese equities have performed strongly this year amid a general re-rating driven by easing geopolitical tensions, continued government stimulus and the global AI-related buildout. Portfolio Managers Andrew Mattock, CFA, and Winnie Chwang explain the drivers of the rally and the opportunities and challenges ahead.
Markets don’t sleep over the holidays, but they do slow down. Historical trading patterns show consistent liquidity shifts from late November through early January.
We discuss Figure’s $1 billion fundraise, XPENG’s (XPEV) humanoid launch, the humanoid market, and how Elon’s $1 trillion pay package fits into this.
This CE-eligible webcast gives RIAs a repeatable, compliance-ready playbook to keep proceeds invested — while avoiding boot, meeting IDs, and setting client expectations.
Nashville’s airport authority plans to sell $1.3 billion of debt in January to meet unprecedented growth — an offering that also bodes well for the broader market to see large deals next year.
Investors are increasingly viewing bonds from large corporations like Microsoft and Siemens as safer than the sovereign debt of their home governments, a conclusion driven by a sharp contrast in fiscal management.
Part of growing into a lead advisor role is learning how to coach and develop team members. It involves showing respect and gaining support through influence. Moving from peer to leader is not an easy transition for most people to make.
The math on forward return expectations, given current valuation levels, does not hold up. The assumption that valuations can fall without the price of the markets being negatively impacted is also grossly flawed.
Breaking away from a wirehouse or existing firm is a bold move. It signals a desire for greater autonomy, deeper client relationships and a more personalized approach to growth. To thrive, breakaway advisors need clarity, strategy and the right tools that align with their unique vision.
For more than a century, New York City has stood as the beating heart of global capitalism. That’s why this month’s election of Zohran Mamdani, a self-described Democratic Socialist, as the city’s next mayor has sent shockwaves through America’s business and investing community.
The latest U.S. economic data continues to paint a mixed picture. Private-sector employment from payroll processor ADP showed a return to modest job growth in October following a brief contraction.
I recently penned an article on “Money Supply Growth,” which elicited a very thoughtful response from Garrett Baldwin via Substack. He argued that labeling Federal Reserve operations as “money printing” is not rhetoric, but rather a reality. He points to Ben Bernanke’s 2010 interview, where Bernanke described how the Fed marks up digital accounts.
To better understand how the AI industry is funding itself and the potential risks involved, we believe it is helpful to draw on historical context from the dot-com bubble, when similar deals were common amid a thriving technology sector.
Amid headline-grabbing AI funding rounds, managers are focusing on specialist infrastructure and supply-chain bottleneck companies with clear order-book visibility and strong pricing power. These include semiconductors and components.
Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs and wages. Yet for the Federal Reserve, the concern has barely registered.
Often framed as rivals, private and liquid credit should instead be viewed as powerful complements for both issuers and investors. We believe these two markets are settling into a symbiotic coexistence, as the distinctions blur between the likes of direct lending and broadly syndicated loans.
Global bond sales have soared to a record this year as borrowers take advantage of easy market conditions to fund everything from the boom in artificial intelligence projects to a revival in acquisitions.
Q3 Earnings growth continues to improve, with 64% of constituents reporting thus far, S&P 500® EPS growth for Q3 2025 accelerated to 10.7%
LPL Research reports on Fed rate cut, U.S.–China trade truce, strong earnings, and AI spending scrutiny amid narrowing market breadth and volatility risks.
The trade was simple — and worked until it didn’t. Wrap crypto in a stock ticker. Call it innovation. Ride the wave.
Classical conditioning teaches us a valuable lesson regarding the current investor dilemma. Pavlov’s research discovered a basic psychological rule: when a neutral stimulus is repeatedly paired with a reward‑stimulus, eventually it will trigger the same response even when the reward is absent.
Rising electricity demand continues to be a key trend for investors to watch, with the latest news revolving around Google (GOOG). GOOG, a key AI hyperscaler, announced a collaboration with NextEra Energy (NEE) for the restart of the Duane Arnold nuclear plant earlier this week.
The good news for investors is that history may be on their side. According to the Halloween effect—also known as the Halloween strategy or indicator—stocks have tended to outperform in the six-month period from November to the end of April, compared to the six months from May to the end of October.
My series on Ray Dalio’s book raised a bunch of questions, one of which stood out above the others. To paraphrase, readers asked, 'How do we get ready for this?' It is certainly fair for you all to ask what I am personally doing to prepare for the big picture I anticipate. It’s tough to answer because the coming debt crisis could unfold in many different ways.
Gold is not immune to market cycles. It’s a volatile asset driven by shifting narratives and capital flows. If you’re buying gold today, understand what’s supporting the price, and what could shake that support loose. Treat gold as a hedge, not a core growth asset.
As transition consultants, we read a lot of press releases announcing financial advisors moving to new broker-dealers. You probably don’t torture yourself by doing that, but it’s part of our job.
China’s ability to sustain fairly robust economic growth despite a massive property sector downturn is now facing new tests as global trade barriers rise, and domestic demand shows fresh signs of weakness.
Euro-area inflation eased slightly but stayed above 2%, backing the European Central Bank’s decision to keep borrowing costs where they are.
There’s no official read on how fast the US economy grew last quarter, thanks to the government shutdown. But almost everyone reckons it was a healthy pace — and that’s largely thanks to AI.
While many lessons have evolved over time, one maxim has never changed for children: look both ways before crossing the street. I reinforced with my children to then look again. We might not see everything on a quick glance, and traffic can change quickly.
The Multi-Sector Credit Team share perspectives on the fixed income market and their quarterly asset allocation ranking. They highlight a timely chart to watch, explore relative value opportunities, and provide insight on their latest asset allocation scores by fixed income sub-sector.
Markets move fast, and in the ETF corner of the world, sometimes it feels like it’s practically impossible to keep up. Product development and proliferation have been so intense in recent months. New tickers are coming at us faster than ever.
Evan Harp sat down Axon’s Brady Lochte to talk about his practice, the Exchange conference, and the challenges facing advisors and their clients today.
Still-healthy demand and disciplined cost control are central themes for earnings, which continue to suggest a mostly resilient economy in light of government data darkness.
Research shows that the U.S. wealth management industry will be facing an advisor shortage in the coming years as more advisors retire. One key to retaining talent is making sure the right pay structures and work arrangements are offered to advisors.
We live in what Brett Arends claimed as“The Dumbest Stock Market In History,” but I believe it is potentially the most dangerous era. That phrase is not hyperbole as it reflects structural distortion, extreme valuations, and an investor base intoxicated by momentum and narrative.
The tradeoffs, drivers, and management of the Federal Reserve’s balance sheet have come back into market focus this month with Chairman Powell shifting market expectations for the end of quantitative tightening.
