The ICE BofA Fixed Rate Preferred Index returned 1.45% in July, bringing YTD gains to 2.47%. The $25 par ICE BofA Core Plus Fixed Rate Preferred Securities Index rebounded with a 2.77% return, while ETF inflows exceeded $150 million.
The United States has been on a remarkable run: exceptional growth and innovation, multiple structural advantages, and the financial market dominance to match.
Bear markets are part of a normal market cycle. Understanding their basics and history can help investors make strategic investment decisions when bear markets occur.
Get ready each week with high-conviction insights that go beyond media headlines.
U.S. equities may be soaring, but earnings growth is narrowing fast—driven almost entirely by AI mega-caps. Paul Vella of Journey Strategic Wealth breaks down why investor sentiment remains fragile beneath the surface, with weak labor data, sticky inflation, and policy ambiguity setting the stage for a volatile August.
Read through the major economic news from the week of July 28th-August 1st.
This video highlights the major economic news from the week of July 28th-August 1st.
Private markets have surged to $15T, but access remains complex. We explore two ways to gain exposure to private credit and asset managers without traditional hurdles.
Some things change in markets and some don't. The dollar partially reversed its year-to-date decline in July, and US equities had their first moment in the sun relative to international peers thus far in 2025.
Tom Lee, Co-Founder of Fundstrat Global Advisors, unpacks the impressive success of the Fundstrat Granny Shots US Large Cap ETF (GRNY) and offers his outlook on Ethereum’s future. Cinthia Murphy, Investment Strategist at VettaFi, spotlights the top 20 ETF launches since early last year.
Efforts to reduce the central bank’s autonomy would likely disrupt markets.
Stocks continued to rally in July, but complacency is creeping in. Below the surface, familiar concerns are returning: narrow leadership, policy uncertainty, and slowing inflation progress.
Distressed debt investors are piling into a new strategy to make money from troubled companies.
The dollar’s bounceback in July is convincing some emerging-market investors to bet it will keep rising in coming months.
Many portfolios consist of highly appreciated, concentrated positions. Investors are hesitant to rebalance these portfolios due to concerns about paying capital gains taxes. Such hesitancy is often unwarranted.
Cutting to the chase… prepare to muddle through. I should point out that I felt that 2025 would be a Muddle Through year at the beginning of the year. We will talk about that below plus look at a lot of charts and yesterday’s rather poor employment data…
A strong GDP rebound was quickly overshadowed by a weaker-than-expected jobs report and hotter-than-anticipated inflation.
Invesco is no stranger to the active ETF arena, and they continue to make strides in fixed income with the introduction of the Invesco Core Fixed Income ETF (GTOC) and the Invesco Intermediate Municipal ETF (INTM).
Signs of market fatigue and elevated expectations suggest that caution may be warranted.
Investors in US Treasuries will scour employment data Friday for clearer evidence of a hiring slowdown that could open the door to the Federal Reserve cutting interest rates in September.
Four months after Donald Trump shocked the world and roiled markets by unveiling a placard full of tariff rates at the White House Rose Garden, his revisions unveiled Thursday generated a more subdued response among investors.
Fixed income investors often think of changes in US Treasury rates as the tide that lifts or lowers all other domestic bond yields.
Federal Reserve officials leave short-term interest rates unchanged but appear to open the door for a potential rate cut later this year.
Emerging markets (EM) local currency debt posted strong returns in the second quarter, building on momentum from earlier in the year.
Judging by soaring asset valuations in the wake of President Trump backing away from the worst-case tariff scenario, one could believe that the threat posed by upending the global trade framework has been removed. We are more circumspect.
Doug Drabik discusses fixed income market conditions and offers insight for bond investors.
The Federal Funds Rate (FFR) is the interest rate banks charge each other to borrow money overnight. It's set by the FOMC and is one of the Federal Reserve's primary tools to implement monetary policy and is a key driver of economic activity. This video examines the Federal Funds Rate and reviews the Fed's interest rate meeting on July 30, 2025.
US equities underperformed global markets in the first six months of 2025, but continue to trade at a premium to foreign markets. ClearBridge Investments outlines the case for global diversification.
Senior Investment Strategist Tracey Manzi notes that while sentiment shifts can sway markets in the short-term, the US dollar's supremacy will likely remain intact.
“Everyone knows” falling interest rates are good and rising interest rates are bad for bond investors. But “everyone” is generally wrong.
One idea unites the left and right lately: a zero-sum view of the world. Unfortunately, nice as it would be to hail a rare instance of ideological harmony, both sides are very much mistaken.
Despite some wide swings over the last few years, most bond yields still remain elevated.
Understanding How Options Work, Why They Matter, and How Investors Can Use Options
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.
Policy shifts may create an incentive to diversify.
Gold was up nearly 26 percent through the first six months of 2025, ranking as the top-performing asset class.
The US economy hasn’t seen tariffs like these in around 80 years.
Income-seeking equity investors don’t need to sacrifice growth to capture the power of dividends.
In January, our emerging markets (EM) debt outlook called for steady growth, manageable inflation, and resilience in the face of geopolitical noise.
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.
Now that we're more than halfway through 2025, let's take a look at the top 10 most-read charts so far for the year.
This video examines the top 10 most-read charts for the first half of the year. From market updates and valuations to consumer attitudes and gas prices, these charts have provided crucial insights into the economic landscape that has shaped the first six months of 2025.
In news of the future, Google is buying a boatload of fusion energy. The only problem is that its supplier lacks a power plant, has produced no energy to date, and may never do so on commercially viable terms.
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.
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.
With our most reliable stock market valuation measures at the highest extremes in U.S. history, it’s useful for investors to remember that a market crash is nothing but risk-aversion meeting a market that is not priced to tolerate risk.
We continue to maintain a Marketperform rating on all sectors, a position we adopted in April after the White House unveiled a policy of steep but fluctuating global tariffs.
