In February, market sentiment was shaped by escalating US-Iran geopolitical tensions and sector-specific selloffs driven by concerns about AI’s potential disruption to existing business models.
When you start investing, your advisor builds a portfolio aligned with your personal investment objectives. Your target allocation takes into consideration your goals, risk tolerance and time horizon, among other things. Unless something in your life changes, your portfolio should continue to align with your objectives.
Jeffrey Sherman of DoubleLine provided a candid assessment of the Federal Reserve's current trajectory and fixed income at Exchange.
In practice, many advisors use SMAs alongside ETFs, not instead of them—combining the scalability of ETFs with the customization and tax management SMAs can provide.
Modern markets have gotten used to central bank support whenever the global economy wobbles. But as the world confronts a fresh energy shock unfolding against brittle labor markets, investors need to prepare themselves for the possibility that central bankers won’t have their backs — quite the opposite.
Some forms of technical analysis are often too much “inside baseball” for many investors. However, the concept of moving averages is one of the most important technical indicators and an easier one to grasp.
Last week, on March 19th, the S&P 500 closed below its 200-DMA for the first time since May 2025. The first instinct is to panic as media headlines talk about bear markets and financial crisis events. However, as we will explore today, the data says it depends entirely on the type of break: sustained or brief.
Proposals to engineer secondary trading in private assets, often championed by vocal critics of public market liquidity, have gained renewed momentum. For some, enhanced tradability is viewed as a remedy to growing unease over the absence of transparent, real‑time valuation signals in private portfolios.
Many investors think about getting out of the stock market when it gets bumpy. But history shows that staying invested over the long term has resulted in positive gains.
he shock to global oil supply this month has already been declared the greatest ever by the International Energy Agency, so it’s natural to draw parallels with the great shocks of the 1970s. But numerous other factors determine how serious the impact of any given hit to supply will be on the global economy.
The past three weeks have been unsettling, and not just for markets, but for anyone paying attention to what is happening in the world.
Gold was the highest-returning major asset class of 2025, advancing approximately 64% on the year. Its appreciation was supported by multiple reinforcing factors: elevated geopolitical uncertainty driving safe-haven demand, U.S. dollar weakness, sustained central bank accumulation, and strong inflows into gold-backed ETFs.
When Walt Disney Co. announced in November 2022 that Bob Iger would return as chief executive officer, the market took it as an auspicious sign. The stock jumped more than 6% on the news, its biggest increase in nearly two years.
The ongoing Middle East war has once again underscored oil’s strategic importance. Vital resources warrant buffers against disruptions in the form of a strategic reserve.
Confidence among global stock-market investors, who largely kept their cool in the face of an escalating conflict in the Middle East, is starting to wear thin.
Global markets stood on edge as the conflict in Iran upended energy markets and muddied the outlook for the global economy. Interest rate markets repriced as market participants processed the notion that hostilities and the closure of the Strait of Hormuz could last longer than expected.
The Cboe Crude Oil ETF Volatility Index (OVX), which measures implied volatility in oil ETF options, estimates the expected volatility of crude oil prices over the next 30 days. The higher the reading, the more oil prices are expected to bounce around.
History made: Dimensional launches first active ETF share class. Access 40 years of micro-cap expertise in a tax-efficient ETF wrapper.
Muni bonds have been a strong performer so far in 2026, benefitting from an important transition to the ETF wrapper from mutual funds.
The simultaneous patent expiry of Ozempic’s active ingredient in China and India on Friday is a watershed moment. Until now, the revolutionary weight-loss drugs have been available largely to people with means.
March Madness is losing much of what made it mad. Signs of the shift were clear last year. Cinderella teams, the low-seeded upstarts that are supposed to deliver upsets and attention, didn’t surprise anyone.
US futures extended a drop on Friday as earlier hopes for a quick resolution to the war in the Middle East faded. Meanwhile, traders braced for a historic amount of March options expiry.
“Smoke on the Water, Fire in the Sky,” the iconic Deep Purple refrain, endures because it captures a familiar dynamic: threats appear on the horizon before the heat arrives.
As expected, there was no rate cut at today’s meeting, but changes to economic projections and comments at the press conference gave some light into how the Fed is processing political and geopolitical events, and how those events are shaping the Fed’s outlook.
A properly functioning Strait of Hormuz holds the keys to clarity around the growth, inflation, and market shock that has stemmed from the war in the Middle East.
The Federal Reserve held the policy rate steady in March at 3.5%–3.75%, a widely expected outcome as policymakers navigated an unusually complex macro backdrop.
Public markets give a running commentary on the biggest players in private markets. Over the last year, this has gone from good to bad to worse. The sector’s long-term growth prospects may be more-or-less intact, but the next few years probably won’t feel that way.
Amid uncertain times in the job market one thing stands out — Americans in their 50s are working like never before.
Silver had a phenomenal 2025, more than doubling from around $30/oz to above $70 by late December, and the rally continued into the new year.
Private credit is a key pillar of debt capital formation alongside public credit markets and bank balance sheets. But an important part of its value proposition—to borrowers and end investors—is its illiquidity relative to public markets. That distinction is by design, and we think it should stay that way.
The Fed simultaneously needs to hold interest rates higher (and arguably raise them) to deal with increasing inflation pressure while also needing to cut interest rates due to the massive Debt Black Hole warping the economy.
Economic dislocations create opportunities. While many market watchers are seriously concerned about the microshifts in markets and stocks, others may see the opportunities that emerge when oil prices spike.
Engaging with client family members may seem tricky, but it can start with simple questions to the client first. In fact, asking your client about the personalities and desires of their loved ones may be a way of deepening your understanding of your client’s financial needs.
Join the experts at VettaFi for a 30-minute discussion on the investment opportunities related to nuclear’s expanding supply chain and what governments are doing to support this growth.
Nate Geraci hosted a live ETF Prime episode from the Exchange conference in Las Vegas. The panel featured discussions on active ETFs and industry trends with Dimensional’s Wes Krill, and a roundtable of experts.
Alphabet Inc.’s Google is moving ahead with plans for a major data center in Michigan that features a 20-year electricity contract requiring it to cover the full expense of adding a haul of new clean power.
The federal funds rate will remain 3.5% to 3.75%. The 'dot plot' still projects a single rate cut this year, and the Fed sees slightly stronger economic growth and inflation.
Gold sank for a seventh session as the escalating war in the Middle East drove oil prices higher and reduced prospects for a US interest-rate cut in the near term. Silver slumped more than 10%.
Japan’s equity investors will closely watch a meeting between President Donald Trump and Prime Minister Sanae Takaichi in Washington on Thursday for possible agreements on economic and military cooperation.
JPMorgan Asset Management is issuing its first Taiwan-focused wealth management product in more than a decade, joining global rivals rushing into one of Asia’s hottest exchange-traded funds markets.
For ultra-high-net-worth families, the landscape of wealth stewardship is evolving. As the largest intergenerational transfer of capital in history unfolds, women are increasingly shaping the future of family wealth—not only as inheritors and beneficiaries, but also as creators of wealth, entrepreneurs, investors, and leaders guiding multigenerational strategy.
The FOMC held the fed funds rate at 3.50%–3.75% for a second straight meeting as policymakers weigh slowing growth, persistent inflation, with core PCE at 3.1%, and geopolitical uncertainty from the Middle East.
The wealth transfer didn’t create a new problem; it exposed one advisors have postponed for decades.
China’s underappreciated equity market and energy resilience amid current geopolitical tensions warrants consideration, according to Franklin Templeton ETFs’ Dina Ting. In this article, she discusses the different factors that underpin her views.
Royce Investment Partners: Co-CIO Francis Gannon discusses how US small caps remain market leaders even as volatility and uncertainty are on the rise.
Despite gold’s sideways performance in recent weeks, UBS still expects gold to gain 20 percent from its current price this year.
Now that investors are aware of withdrawal limits, they’ll have a greater incentive to always ask for the maximum, requiring further asset sales that will depress returns — which, in turn, will encourage more withdrawals.
Outsourced chief investment officer (OCIO) relationships have evolved dramatically. What once teed up primarily as a solution for smaller institutions seeking a roadmap to improving their governance, strategy and execution is now being adopted by much larger asset owners.
Historically, major geopolitical or economic crises, such as the war against Iran, have prompted investors to sell riskier assets and buy “safe-haven” investments whose values were expected to remain stable or even rise amid the disruptions.
Rob Arnott, founder & chairman of Research Affiliates, took part in a session at Exchange 2026 to discuss this, his views on growth opportunities, and more. Roxanna Islam, CFA, CAIA, head of sector & industry research at VettaFi, moderated the session.
