Ignoring individual stocks may reduce risk, but it may also reduce engagement, which could lead to reckless decisions. A wise investor can own both index funds and individual stocks, just in the right proportions and for adequate holding periods.

This session examines what's actually deployable versus what remains years away, and how America's looming labor shortage is accelerating adoption.

The US government is still days away from reopening as the Senate winds its way through potentially time-consuming procedures and House members travel back to Washington to vote for the first time since Sept. 19.

In his new book, “Peak Human,” Johan Norberg, encourages us to learn about past golden ages and what made them golden. By understanding these culturally and economically special times in human history, and their rise and decline, we can shape our own future in better ways.

If owning a home is still the American dream, then it is increasingly out of reach for many young Americans. The average age of a first-time homebuyer is now 40, up from 33 just a few years ago and 29 in 1981.

Anduril Industries Inc. founder Palmer Luckey, Lockheed Martin Corp., Palantir Technology Inc.’s Shyam Sankar and other investors are putting $130 million into Valar Atomics, a nuclear startup that’s aiming to build thousands of advanced nuclear fission reactors within a decade.

Adam Giddens used to mainly rely on screening services and social-media buzz when looking for stocks to buy. Lately, though, he’s turned his attention to a different kind of influencer: Donald Trump.

Pfizer Inc. Chief Executive Albert Bourla had long searched for an obesity drug to make up for dwindling sales of the pharma company’s aging blockbusters. Late Friday, after a dramatic bidding war, he learned he’d finally claimed his prize.

When it comes to inflows, it seems like ETFs are content with beating themselves. After a record 2024 that saw inflows amass just under $1.14 trillion, ETFs did it again by edging past that level today. And they’re not done. State Street Investment Management is projecting total inflows could end the year at $1.4 trillion.

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.

Everywhere I go, people ask me what’s next for the economy. My answer depends on what they mean by “next.” Today I’ll review some of the alternate employment and inflation data to see where we stand. There’s a lot we know and a lot we don’t know… but for the big decisions, we probably know enough.

Last week’s economic data sent mixed signals. Consumer sentiment plummeted to a near-record low on economic anxiety, and the manufacturing sector continued its long contraction.

As year-end approaches, it’s a good idea for taxpayers to get a sense of their projected income for the year. This can drive important decisions on whether it might make sense to reduce or increase income (if possible) based on current circumstances.

One of the most prominent characteristics of the financial markets that I’ve detected over the years is their tendency to obsess over a single topic at a given point in time. Today it’s the recent string of episodes in sub-investment grade credit.

As the Federal Reserve continues to cut rates, the yields on money market funds are on a decline. For investors who prioritize safety, liquidity, and enhanced income, low duration bond strategies present a compelling solution. These strategies offer a balanced approach to navigating the current financial landscape.

The age-old question in fixed income is when should I go long duration? Over the last two years, this has been an ongoing query for investors. More recently, with the Federal Reserve resuming rate cuts, it has come back on the front burner for sure.

The recent fun and games involving the NBA and the gambling indictments are certainly amusing on their own merits, but do they say something else?

2025 has not been just a story of U.S. resilience. The Asia-Pacific (APAC) region has weathered storms and stayed firmly on course.

Actively managed ETFs, particularly those of the fixed income variety, are among the fastest-growing ETF segments today. That growth has been facilitated in part by advisors moving away from higher-fee mutual funds and issuers converting popular mutual funds to the ETF wrapper, among other factors.

Artificial Intelligence (AI) has the potential to be a transformative technology that impacts how we all live and do business. With some creativity, and time for current offerings to improve, it is not difficult to imagine how in the future these systems could enhance or even replace much of the work that we humans are currently doing.

After the Fed’s latest rate cut, markets are grappling with mixed signals—slowing inflation meets a still-hawkish central bank. Meanwhile, tech’s outsized gains and surging cloud investment highlight a market driven by innovation as much as policy.

After implementing the first interest rate cut of the year, the prospect of further easing by the U.S. Federal Reserve could make fixed income investors nervous.

With an economy exceeding $1.1 trillion and a proven record of conservative budgeting, New York City stands apart as both a global capital and a dependable municipal credit. Let’s look at 10 reasons why we believe NYC’s fiscal health and credit strength may continue.

MPLX (MPLX) has reported third-quarter 2025 financial results that aligned with market expectations. MPLX has recently announced positive updates for investors, including a 12.5% increase in its unitholder distribution and a strategic new opportunity to support data centers in Texas.

After the first rate cut of 2025 and the prospect of more rate cuts to come, the capital markets are now wondering at what pace the U.S. Federal Reserve will institute them. For fixed income investors looking for options that balance credit quality and yield, municipal bonds should be considered.

A sad chapter in Boeing Co.’s history closed on Thursday when a federal judge approved a non-prosecution agreement with the Department of Justice that drops criminal charges against the company for failures of its aircraft design and manufacturing process that led to two deadly crashes and an inflight accident that by miracle didn’t kill anyone.

For many crypto investors, it’s fine to focus on Bitcoin and Ethereum. After all, those two assets combine for nearly $2.7 trillion of the crypto universe’s total market capitalization of $3.75 trillion. “Dominant” doesn’t begin to underscore the status of bitcoin and ether.

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.

In October 1996, at the last party conference before the election that would make him UK prime minister, Tony Blair tried to define the essence of New Labour. He started off by contrasting his party with the dying Conservative government, before summarizing his three priorities for power.

The ongoing U.S. government shutdown has policymakers – and investors – operating without much of the timely official data that usually inform their decisions. This could have a tangible impact on Federal Reserve policy in particular.

This lack of transparency around private assets has helped the industry grow and innovate; it has also created a rapidly expanding multi-trillion-dollar black box that could pose systemic risks.

Everyone is looking for the next big AI bet. They’re searching for energy-rich places that can run data centers cheaply, for bottlenecks in the semiconductor supply chain that will earn massive profits, or for companies that might own the next breakout algorithm.

We often hear about the Fed chair, but who are the governors at the Fed and what is their role? Recent events have raised the profile of other Fed interest rate voters.

U.S. tech equities driven by the artificial intelligence (AI) theme have been a prime catalyst for market gains this year. Have valuations exceeded their underlying fundamentals? If so, one potential avenue to diversify tech exposure is the Invesco China Technology ETF (CQQQ).

The all-ETF portfolio is becoming a reality, as product offerings have evolved into a comprehensive tool kit for total portfolio construction.

For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At the moment, the S&P 500 is a case in point: Its earnings remain both spectacular and spectacularly concentrated around the artificial intelligence story.

Investors’ certainty that the Federal Reserve would follow its recent interest-rate cut with another in December has evaporated.

The volume of activity on Polymarket, one of the most popular prediction markets, has been significantly inflated by so-called wash trading in which users rapidly buy and sell the same contracts, according to a new study by Columbia University researchers.

There is (another) framework for a deal with China. That is a positive for risk markets. There is increasing evidence of waning tariff effects on company earnings and outlooks. That is a positive for risk markets. The interaction of the two is by far the most intriguing.

Chuck begins by reminding viewers that investors tend to be about two-and-a-half times more sensitive to fear than to greed. When stocks are expensive, investors often ignore the overvaluation.

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.

Though many AI-related stocks continued to struggle, including Advanced Micro Devices despite solid earnings, indexes rebounded early as a private jobs report exceeded forecasts.

It’s been a good year for international equity ETFs. As a category, broad exposure funds tapping into both developed and emerging market equities have delivered outsized gains relative to U.S. markets this year, as well as much sought portfolio diversification.

The Federal Reserve’s (Fed) balance sheet runoff — commonly referred to as quantitative tightening (QT) — is set to conclude on December 1. Since initiating QT, the Fed has reduced its balance sheet by over $2 trillion, largely through the drawdown of its overnight reverse repo program (O/N RRP).

It's been a minute since we’ve touched on traditional stock splits. Our last look at this type of share-price engineering came in Q2, when reverse ETF splits were happening all around us. For individual investors, when a company’s management team chooses to split its stock, it can have more impactful implications for longer-run returns.

Wall Street excels at creating catch phrases. The latest one is the “debasement trade.” JP Morgan analysts coined the term earlier this year. Thanks to macroeconomic and geopolitical factors such as lower interest rates, rising fiscal deficits, trade policies, and global geopolitical tensions, concern is rising about the debasement or devaluation of fiat currency.

Big tech names performed strongly last week, carrying the S&P 500 into positive territory. Fears of an AI bubble are making investors wary of the breakneck pace of capital expenditures. Amazon’s (AMZN) stellar earnings after Thursday’s close indicate the capex boom is pressing on, however.

Even with the government shutdown casting a shadow over Washington D.C., equity markets have continued their upward march, fueled by a trifecta of positive surprises: cooler-than-expected inflation, another rate cut by the Federal Reserve (Fed) and easing trade tensions.

Open enrollment is a crucial time to review and choose employee benefits. It's an opportunity to make informed decisions that can significantly impact your financial and health well-being.