Last week’s economic data reflected resilience and uncertainty. Key indicators pointed to ongoing expansion.
Consider gaining AI market exposure through data center ABS (asset-backed securities) and CMBS (commercial mortgage-backed securities).
Alex Mackey of MFS delved into the active bond strategies underpinning MFSB and MFSM in the recent Q1 2025 Fixed Income Symposium.
Some allocators may focus their search efforts on corporate credit segments or simply a portfolio that can opportunistically trade across fixed income sectors.
Today we’ll talk about Trump, tariffs, cycles, and DOGE. Jumping right in…
Tech results last week were more anticipated than usual due to the emergence of Chinese AI startup DeepSeek in the prior week.
Markets, as many of you are aware, don’t like uncertainty. And right now, there’s a lot of uncertainty surrounding U.S. trade policy.
In today’s era of automation, some situations demand a more active approach. Municipal bond investing is one.
Tariffs seem to have become a staple of Americans’ dictionaries lately as the new administration uses this policy instrument to achieve objectives that are not directly tied to the reasons tariffs have been used in the past.
Since our last update of our ‘Three Tactical Rules’ on November 26, 2024, equity markets are up slightly.
Broadcom looks to build off last year's strength, which should give bullish traders another year of potential gains.
While domestic politics can certainly influence asset prices, it is just one of many variables, and our research has shown it to be an inaccurate indicator of future returns. We caution investors against making changes to their portfolios based on political developments.
There weren’t too many market observers who penciled in higher tariffs on Canada than on China, but that’s where things stood, at least for a few hours, before Trump struck a deal with Prime Minister Justin Trudeau yesterday.
We hope you enjoy the latest newsletter from Harold Evensky.
Raymond James CIO Larry Adam looks at how the proposed tariffs may impact the economy and financial markets.
The first month of 2025 is now in the rearview mirror, and investors recently experienced a fortnight (14 days) of headline-making activity, ranging from President Trump taking office, the January FOMC meeting, and of course, the developments surrounding the DeepSeek news.
Impact investors can help devastated communities recover and build resilience.
The recent dominance of the “Magnificent 7” technology names may help fuel the common belief that a single stock portfolio is the best way to deliver extraordinary returns.
In 2025, SECURE 2.0 introduces mandatory automatic enrollment in new retirement plans, increased catch-up limits for certain workers, and reduced participation requirements for long-term part-time workers. Our Mike Dullaghan highlights the details of the new provisions.
In a first quarter 2025 asset allocation report, Confluence expects resilient economic growth in the short term.
VettaFi discusses tariffs and transportation ETFs.
2025's complex market environment lays the groundwork for active bond strategies to potentially shine, according to MFS and AllianceBernstein.
January is in the books, and markets are still waiting on a big rebound in the dealmaking space. Investors rooting for increased M&A and a flurry of IPOs will have to be patient as Q1 tracks with continued low counts on both fronts.
Our latest article, authored by renowned strategist Martin Pring, dives into the evolving dynamics of inflation, commodity prices, and interest rates. Despite recent rate cuts, the bond market appears to be echoing Martin's earlier warning. The business cycle is moving toward a critical stage—one that historically signals a surge in commodities and potential shifts in CPI inflation.
Bullish exuberance is returning to the markets and the economy in a big way following the Presidential election.
We analyze the impact of U.S. tariff proposals on markets and how investors can manage their portfolios accordingly.
Factories across the world are growing increasingly idle. Global industrial capacity utilization (CAPU) has fallen significantly, and a rising unemployment rate has followed suit, signaling that the available factors of production globally are progressively more redundant.
Like most incoming administrations, President Trump entered office with a desire to do things differently than his predecessor, and he is certainly doing that.
The equity market appears to be showing signs of broadening beyond technology.
Many market observers are forecasting leadership from active fixed income exchange traded funds this year.
Prepare for 2024 taxes by organizing forms, documenting charitable contributions, maximizing retirement savings and reporting rental income.
The ETF industry reached a significant milestone on Wednesday, as there are now over 4,000 ETFs trading at the same time.
After the trade war’s opening salvoes, tensions seem set to last for some time.
Despite still elevated domestic inflation, weak growth and inflation projected at target this year strengthen the case for further rate cuts.
Last week’s volatility in AI-related stocks shows markets are learning in real time about the transformation underway.
Stocks rallied in early 2025 as market leadership shifted, with Large Cap Value outperforming growth stocks, while a major AI development from China triggered a sell-off in U.S. technology stocks, raising concerns about the future of AI leadership and high-end chip demand. For investors the implications are more significant for fixed income portfolios, while equities should continue to do well as long as the labor market holds up.
The costs and revenue of U.S. tariffs are being blunted by evasion.
After this week’s FOMC decision to hold the fed funds rate unchanged, markets and analysts concluded that Federal Reserve members had changed their views on inflation.
When constructing a portfolio, investors who are seeking income have a range of options to choose from.
With age comes some insights and as we head into 2025, now is as good a time as any to look back on some of the lessons from my investing career that have served me well.
The evolving high-yield markets make the case for a global, multi-sector approach to generating income.
The DeepSeek blip notwithstanding (our initial take on the news is here), January 2025 was a good month for financial markets. The S&P 500 was up a robust 2.7%, though Nasdaq lagged (largely due to DeepSeek, in our opinion) with “only” a 1.7% monthly return.
Mortgage-backed securities and MTGP’s steadiness against the backdrop of Fannie/Freddie privatization talk could be seen as a positive.
In the case of bond ETFs, it was a strong year in 2024, and key areas could be touch points for investment opportunities.
Technology stocks have been the poster child for growth in recent years. Other sectors deserve a closer look today.
Managers see mixed opportunities in emerging markets and a broadening opportunity set for small caps across global markets.
In this article, Russ Koesterich discusses why gold may continue to advance in 2025 despite a stronger dollar and elevated real rate environment.
The Federal Reserve made it clear on Wednesday that it’s not about to cut short-term interest rates again anytime soon, which is good news if you’d like to see the Fed live up to its goal of bringing inflation down to 2.0%.
On Monday, markets were rocked by news that a Chinese Artificial Intelligence model, DeepSeek, performed better than expected at a lower development cost.
The Magnificent 7 kicked off fourth quarter reporting in a similar fashion to the Q3 season. Tesla once again missed expectations when they reported on Wednesday, on both the top and bottom-line this time (vs. only missing on revenues in Q3), yet investors seemed unbothered.
