Articles

Articles from our Weekly Newsletters

Estate Plans Designed Before OBBBA May Now Be Costing Your Clients Money

The OBBBA created something the industry rarely gets: a defined planning window without a hard deadline attached. Exemptions are historically high, the law has no sunset, and there's a real body of existing work that needs revisiting. The advisors who treat this as an opportunity, rather than waiting for a client to ask, will drive much stronger outcomes compared to those who don’t.

Financial Matchmaking: Why Potential Partners’ Money Beliefs Matter

Even people whose money beliefs and behaviors align more closely are not necessarily an ideal match. Partners whose predominant money scripts fall into the money vigilance category may both track expenses, openly discuss finances, and hold similar values around saving.

AI Might Be a Great Investment, But Not for the Government

These are dark days for free-market economists when one of the few areas of bipartisan consensus is for a terrible idea: Both Vice President JD Vance and Senator Bernie Sanders want the federal government to take an explicit stake in AI firms.

Oil Set for Quarterly Drop as Morgan Stanley Warns of Glut Risks

Oil headed for the biggest quarterly decline since the pandemic as flows through the Strait of Hormuz accelerated following progress on a peace deal, with Morgan Stanley warning of a potential glut ahead.

Chip Stocks’ Best Quarter Ever Is Ending With Some Wild Swings

Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go.

HSBC Says ‘Explosive’ Dollar Rally Is Among Biggest Pain Trades

A sharp rise in the dollar may emerge as one of the biggest “pain trades” in the second half of the year, according to HSBC Holdings Plc.

An Epic David vs. Goliath Stock Battle Is Underway

Meme mania swept through Wall Street in 2021. Retail investors gathered on social media and coordinated trading strategies to short squeeze high-profile hedge funds.

Why Planning, Not Prediction, Wins in Volatile Markets

Markets will continue to shift. Headlines will change. Volatility will come and go. What endures is the value of having a thoughtful, well-constructed plan. Planning creates structure during uncertain periods and helps clients stay focused on long-term goals instead of short-term noise.

Old Lessons From Jesse Livermore for Today’s Market

Jesse Livermore’s prolific trading stories about the fortunes he made and lost are well documented in two books. While his career was marked by the incredible volatility of his wealth, and some consider him a failure as he died broke, his market knowledge is invaluable. Accordingly, we share his 21 market rules.

The SPIVA Scorecard Does Not Capture the Actual Experience of Investors

The way the SPIVA U.S. Scorecard evaluates performance is not well aligned with the experience of investors. Adjusting for this reveals a more balanced view of active fund performance. While active and passive U.S. equity funds perform similarly, active bond funds tend to outperform.

SpaceX Pushes US Share Sales to Record $251 Billion at Midyear

Wall Street bankers are on a high after record-setting offerings from SpaceX and Google parent Alphabet Inc., lifting expectations for deal activity in the rest of 2026. More deals are on the way, including a steady stream of initial public offerings in the coming weeks, and a potential mega-deal for Anthropic PBC as soon as October.

Europe’s Boldest Tech Startups Are Reaching for US SPACs Again

European firms in critical sectors like nuclear energy and quantum computing are flocking to the US, despite efforts by European authorities and bourses to make the region’s markets more appealing and accessible.

Microsoft’s $530 Billion Rout Sets Up Its Worst Month Since 2008

Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence.

Fixing Social Security Is Urgent — and Difficult

Social Security is now just six years away from insolvency, according to the latest annual assessment. Many in Congress might like to keep on ignoring the problem, as they have for years, but this won’t be an option much longer. Senators elected in November will see the system’s trust fund empty during their terms.

The Fed Needs to Follow the Rules. But Which One?

The Federal Reserve’s new chairman, Kevin Warsh, plans to convene no fewer than five task forces to review the central bank’s methods and operations. They will ask how the Fed can improve its communications, balance-sheet policy, use of data, understanding of “productivity and jobs in an era of transformation,” and delivery of price stability.