The removal of Venezuelan President Nicolás Maduro under “Operation Absolute Resolve” has materially improved the country’s outlook by breaking a long-standing political and economic impasse that had prevented reform, external engagement and debt resolution.
Well-known factors such as value and momentum are widely recognized to have predictive power. Advanced systematic approaches, however, seek to identify additional drivers of performance—including proprietary factors—to integrate into their multifactor models.
This week, my friend Lyric Hughes Hale and special guest Eric Huang of Taiwan share with us the details of what could be another massive fallacy of composition. Oddly, this time the risk lies with one of the US’s largest creditors.
The hottest corner of the stock market in 2025 remains scorching in the new year, but the relentless momentum has some Wall Street pros wondering if a reversal is coming.
It’s been eight years since Venezuela stopped paying its debt. But traders are making a wager that the ouster of Nicolas Maduro will deliver windfalls to holders of the country’s $59 billion of bonds.
The key in both approaches will be to cleverly avoid the ire of regulators by trying not to trigger outbound investment rules when they buy Chinese firms, and by using hiring-and-licensing deals — known in the industry as acquihires — to avoid antitrust scrutiny when they grab competitors in the US and Europe.
With the Consumer Electronics Show (CES) taking place in Las Vegas, investors’ eyes are on Nvidia (NVDA). A predictable response, but one that underscores the importance of the semiconductor behemoth in the artificial intelligence (AI) space.
Retail traders have extended a buying spree into the new year, following a record-setting performance in 2025, an analysis from JPMorgan Securities’ Arun Jain shows.
Stablecoin transactions reached unprecedented heights last year, buoyed by favorable policy in the US under pro-crypto President Donald Trump.
The ETF ecosystem grew once more in December with more than 100 new launches joining the fray. Three funds invite a closer look.
If you can’t get what you want, get what you need. It’s taken the best part of two years, but JPMorgan Chase & Co. has finally helped Goldman Sachs Group Inc. and Apple Inc. do just that with the tech giant’s credit card.
A stunning rally in Venezuelan assets after US forces removed president Nicolas Maduro from power has showcased how unprepared the local market is to absorb the new wave of attention.
US equities edged higher on Friday, as December’s payrolls report did little to change the outlook for leaving interest rates on hold. Traders remain on alert for a possible Supreme Court ruling on whether President Donald Trump’s tariffs are legal.
Bets on artificial intelligence companies have dominated US equity markets for three years, powering a 78% gain. A growing number of investors are now wagering that run, led by the Magnificent Seven, is about to end.
President Donald Trump is set to outline his vision for rebuilding Venezuela’s battered oil sector Friday in a meeting with representatives from 17 energy companies, including crude producers, refiners and commodity traders.
Global equities closed 2025 with solid gains, supported by strong headline returns from the world’s largest firms, along with a surprising combination of smaller companies, many of which handily outperformed the top ten in the MSCI World Index.
In 2025, the S&P 500 delivered double-digit returns for a third straight year. Heading into the fourth year of the bull market, Raymond James Chief Investment Officer Larry Adam identifies 10 themes to watch in 2026.
In a turbulent 2025 dominated by US trade policy shocks and geopolitical tensions, the global economy proved resilient. Fears of tariff-related slowdown and renewed inflation proved misplaced, as growth surprised to the upside and inflation continued to soften.
In 2026 new tax deductions and inflation adjustments impact tax brackets, rates and contribution limits. Our Bill Cass talks about what is changing in 2026 and shares planning considerations.
2025 capped off another strong year for fixed income ETFs, as ongoing market uncertainty pushed more investors into the safe confines of bonds. When it came to inflows, it was Vanguard that was well-represented with four funds cracking the top 10.
While stablecoins are a form of tokenization, tokenization is a broader concept than stablecoins. Tokenization is the process of creating and recording a digital representation of traditional assets (e.g., securities, deposits, real estate, commodities, etc.) so ownership and transfer can happen in more automated, accessible ways.
2026 promises to be anything but dull. Rapid AI investment and adoption will likely continue to dominate market sentiment, and given the pace of technological advancement, it is hard to imagine this won’t ultimately deliver meaningful productivity gains.
JPAPM forecasts the global fixed income ETF market to grow to $6 trillion by 2030, up from approximately $3.2 trillion today.
Alphabet Inc. has overtaken Apple Inc. to become the second-most valuable company by market capitalization, a reflection of how the Google parent has emerged as one of the most significant winners of artificial intelligence.
The health-care corner of the US equity market has traditionally been viewed as defensive, thanks to steady growth and healthy dividend yields among the industry’s stalwarts. That narrative is changing.
Money managers like Blackstone Inc. and Pretium who binged on single-family rentals in the wake of the financial crisis took blow after blow as housing prices shot up. But the cohort has since cooled its buying, and the attacks slowed.
Federal Reserve Governor Stephen Miran said he is looking for 150 basis points of interest-rate cuts this year to boost the labor market.
US labor productivity accelerated in the third quarter to the strongest pace in two years, adding to evidence that efficiency gains are suppressing inflationary pressures from wages.
Now that 2025 has come to an end, let’s take a look at the top 10 most-read charts of the year.
After three consecutive years of increasing stock prices, it can feel comfortable and certainly satisfying to ride the trend. Investors may want to capture the boon rather than be complacent with it. Long-term financial health can go hand-in-hand with the opportunities the markets have laid out.
SpaceX’s dominance of rocket launches and satellite broadband internet service was reaffirmed last month with news of an insider share sale that would value the company at $800 billion. There was even speculation that Elon Musk’s space venture might sell shares to the public this year with a target valuation of almost double that amount.
The economy in the 3rd quarter grew by 4.3% adjusted for inflation, the highest growth rate for the year. The inflation rate as measured by the CPI was 2.7% in November (the latest data point), in the middle of the 2.3% - 3.0% range it has been in all year.
The backdrop for Europe’s bonds remains favorable—even as technological change creates new challenges.
The probability of strong earnings and growth-friendly policies should make emerging markets attractive to investors in 2026, in the view of Templeton Global Investments.
Midterm election years have a rhythm that fixed income investors should recognize. While at first glance yields may seem unpredictable, a closer look reveals a pattern in how they behave throughout these periods.
As investors stepped away from the tape to hang their final holiday decorations, pack their bags to visit loved ones, and prepare for the New Year, markets fell quiet over the last two weeks of 2025.
There’s a lot of collective wisdom about the challenge of forecasting markets and the economy. Warren Buffet once famously said: “”Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.”
Miles Lewis, Chip Skinner, Kavitha Venkatraman, Steven McBoyle and Francis Gannon talk about what they see in store for US small-cap stocks in the coming year.
Three ways financial advisors can be more productive in the new year after starting their own independent practice.
Join the experts at Hull Tactical for a product due diligence session exploring a quantitative framework that uses macro, sentiment, and market-based signals to tactically adjust equity allocations with discipline and transparency.
Current and potential clients notice advisors who are thought leaders with a strong personal brand, but thought leadership is more than just the communication shared from a podium or social media platform — it’s also one-on-one conversations and small gatherings that drive change in individuals’ lives.
When advisors plan a transition to a new firm, they encounter a common challenge: How may they give a prospective buyer enough information to evaluate the practice without running afoul of Regulation S-P or breaching client confidentiality obligations?
As we kick off the new year, here are some suggestions for areas to focus on with your team in 2026 to build momentum, enhance momentum or change direction
VanEck’s muni bond ETF kept all 49 holdings intact during its fourth quarter rebalance but executed an internal rotation favoring higher-yielding funds over investment-grade names, according to index data from VettaFi.
ETFs have come on in leaps and bounds since the ETF rule arrived in 2019. Exchange-traded funds are taking a bigger and bigger role in the investment landscape, offering a different route into many strategies compared to mutual funds.
The rich are increasingly looking for properties that can accommodate extended families, according to the 2026 Luxury Outlook report by Sotheby’s International Realty. Millennials and Gen Xers are driving the shift as they search for homes that work for both young children and aging parents.
Alaska Air Group Inc. is ordering 110 Boeing Co. aircraft, laying the groundwork for a global network with the largest investment in new planes in the airline’s history.
For the third year in a row, stock investors had reason for a celebratory year-end toast. The year started strong with the S&P 500 jumping 2.7% in January on strong earnings reports and anticipation of a more business-friendly administration.
For the third consecutive year – and sixth among the past seven – the S&P 500 tallied double-digit gains – a remarkable run. As the index climbed 16.39% for the year, it also recorded 38 new record highs.
The capture of Venezuelan President Maduro has been digested well by global markets, which is in keeping with 2025’s theme of massive volatility and solid index-level returns.
