In 2025, two titans of technology stand at the forefront of innovation: quantum computing and robotics. Each offers a vision of a future transformed, where the impossible becomes achievable and industries are redefined.
The Tax Cuts and Jobs Act that President Donald Trump signed into law in December 2017 imposed a $10,000 limit on the amount of state and local taxes that can be deducted on a federal income tax return.
A look at how the renewable energy opportunity may and may not change.
Strong U.S. economic data has spurred a strong rise in Treasury yields but a tepid response in the stock market. Uncertainty likely will continue in coming months.
There are a few things it makes sense to get a start on when a new year begins. One is tax-loss harvesting.
At CES 2025, Jensen Huang, CEO of NVIDIA, offered a compelling vision of AI’s future—one that combines bold technological advances with practical applications.
New policies could disrupt markets, but high starting yields and strong demand for income should provide ballast.
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.
There will be more humanoid robots than people by 2040, Elon Musk recently bragged.
With all eyes focused on the White House, investors must decide what the incoming President’s policies will mean for markets and how to position accordingly. Ahead of the inauguration, we asked our portfolio managers what they think should be front of mind.
U.S. Treasury yields have increased notably since September, particularly at the long end of the curve, with the 10-year yield up over 100 basis points from its recent lows. We unpack the drivers behind this big move in rates and our outlook for bonds going forward.
Something unusual came down the chimney late last year. During the holidays and the preceding weeks, there were a slew of splits among US ETFs – the most in the past four years, according to Wall Street Horizon’s data.
Reflecting ongoing uncertainty around inflation and the trajectory of monetary policy, yield volatility posed challenges in 2024. Yet it also highlighted the importance of tax-efficient strategies like loss harvesting in fixed income portfolios.
The Northern Trust Economics team shares an outlook for U.S. growth, inflation, employment and interest rates.
The Social Security Fairness Act is expected to enhance benefits for many starting in 2024. Our Bill Cass explains the significance of the new law.
As we step into 2025, it’s time to revisit our expectations for the markets and provide an updated perspective for investors.
Natural disasters test—but don’t break—municipalities’ resilience.
Despite challenges, the U.S. market saw strong returns in 2024 with a "soft landing" for the economy, leading to key questions and emerging themes for investors in 2025.
In December, nominal home values increased for a 21st straight months to a new all-time high. However, once we adjust for inflation, "real" home values declined for an 8th consecutive month to their lowest level since June 2021.
Whether you’re speaking with Europe’s largest money manager, Australia’s giant pension funds, or a cash-rich insurer in Japan, there’s a resounding message you’ll hear when it comes to US Treasuries: They are still hard to beat.
The latest updates on the labor market and consumer prices show President-elect Donald Trump inherits an economy where inflation is poised to return to the Federal Reserve’s target later this year.
Amid an unsettled global economic outlook and elevated equity valuations, bond markets present attractive yields and important diversification benefits.
Donald Trump and Republicans support sweeping changes that could affect the economy, markets and investors. But narrow margins in Congress could complicate that agenda.
Use this guide to transform our 2024 Retirement Insights into action in 2025, focusing on areas of plan design, tax credits and participant engagement. Our Mike Dullaghan shares the highlights.
Outsourced trading is a growing trend among asset managers, with recent headlines illustrating how firms are reassessing their approach to how trading fits in their broader strategic plans.
The threat of tariffs is ramping up ahead of the inauguration of President-elect Donald Trump. This is pushing up silver and copper prices.
This series has been updated to include the December release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $51,595, down 6.7% from over 50 years ago.
The calendar page has turned, and that means we have the opportunity to get 2025 off to a good start.
Direct indexing has been around for more than 30 years, yet many people still don’t know what it is or how it continues to grow and evolve.
US equities had a stellar 2024, with the S&P 500 up 25%, but the year ended on a softer note. The sharp rise in bond yields has caught the market's eye
The global economic landscape continues to evolve, and 2025 promises to be a year of adaptation and resilience.
Most of us like to ring in the new year with fresh energy. The Europeans appear to have made good on this resolution.
Ten years ago, Research Affiliates launched the Asset Allocation Interactive online tool, making our CMEs freely available to the public. With one full cycle complete, we can see what has worked well and where we can improve.
Active fixed income could stand out in 2025, with active offering a way to refresh bond portfolios and allocations.
We need to face the reality that we’ve chosen a system that prioritizes lower taxes over centralized health care.
Over the past few months, I’ve had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.
The journey from niche asset to core allocation looks set to continue.
Managing Director, Washington Policy Analyst Ed Mills looks at how several of the top market-relevant Washington DC issues could play out in 2025.
We identify four categories of risks to the growth outlook.
On the inaugural edition of Market Week in Review for 2025, Senior Director and Chief Investment Strategist for North America, Paul Eitelman, discussed Canadian Prime Minister Justin Trudeau’s resignation as well as the latest batch of U.S. and global economic data.
The December PMI report, released on January 5, 2025, indicates that the U.S. services sector continued to grow, albeit at a measured pace, suggesting resilience in certain areas of the economy.
Our commentary on household income distribution offers some fascinating insights into average U.S. household incomes, but misses the implications of age for income. In this update, we examine household income with a focus on age bracket.
I’m not ready to concede that active bests the benchmarks by adding what I consider alpha. For example, “positioning the fund to have more credit risk than its benchmark” is a risk premium much in the same way that the equity risk premium produced returns over the risk-free rate. The credit risk premium may be worth it, but that’s beta, not alpha.
When and how will new policies take shape?
We are pro-risk, with the biggest overweight in U.S. stocks, yet eye three areas that could spur a view change.
The recent surge in bond yields is directing renewed attention to America’s grim fiscal outlook.
The aerospace and defense industry plays a pivotal role in both national security and the stock market. With U.S. defense spending leading the world, the largest contractors are well-positioned for growth amid rising global tensions.
Rough times are coming, yes, but I think we have at least 12 good months before the worst gets here. Let’s look at some of the reasons why things should be okay and then look at some of the potential problems.
Gold certainly had a great 2024, but 2025 is already shaping up to be an opportune year to build up more exposure through ETFs.
US Treasuries plunged as evidence of a resilient labor market pushed traders to shift their expectations for the Federal Reserve’s next interest-rate cut to the second half of the year.
As we enter 2025, there has been a lot of conjecture about a return to the 5% threshold.
Chief Economist Eugenio Alemán and Economist Giampiero Fuentes break down the factors likely to impact economic growth, inflation and interest rates.
U.S. equities closed 2024 on top and U.S. growth took back leadership from U.S. value.
US investment banks have little room for error in their upcoming full-year results.
The selloffs that keep flaring in the world’s bond markets are pushing yields toward key thresholds amid escalating worries about elevated inflation, tempestuous politics and swelling government debts.
A few months ago, the Census Bureau released its annual report on household income data for 2023. During 2023, the median (middle) average household income rose 8.0% to $80,730. Let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.
After hitting nearly 80% of my predictions over the first five years, the past two years are calling into question whether I’m truly the ETF Nostradamus.
Yields may trade in a wide range as markets work through issues in the new year. Navigating volatility may mean capturing higher nominal and real yields over the longer term.
Although underlying fundamentals and company financial statements can be difficult to analyze, the general public can easily discern price movements and understand the primary objective—buy low and sell high.
In our year ahead outlook, we unveil 5 key factors we believe offer rare certainty in these uncertain times. Discover how we’re navigating this landscape and positioning portfolios to seize opportunities and mitigate risks in the year ahead.
Our Cash Indicator methodology acts as a plan in case of an emergency. Investors should expect more equity market volatility ahead.
A cohort of about 20 Republican House members from New York, New Jersey and California was invited to meet with President-elect Donald Trump at his Mar-a-Lago estate Saturday ahead of a looming fight over an extension of his 2017 tax cuts.
A look at the 2025 tax rates and contribution limits means individuals may save or gift more this year. Our Bill Cass shares the updated key tax figures and some planning considerations for the year ahead.
On December 6, the S&P 500 set the most extreme level of valuations on record, exceeding both the 1929 and 2000 market peaks on measures that we find best-correlated with actual, subsequent 10-12 year S&P 500 total returns across a century of market cycles.
The new year begins with economic resilience, but investors should brace for a challenging path in 2025. Key economic indicators are still “goldilocks” and signal continued growth at a sustainable pace.
The December U.S. services purchasing managers' index (PMI) conducted by S&P Global came in at 56.8, the highest level since March 2022. The latest reading came in below the forecast of 58.5 but keeps the index in expansion territory for the 23rd straight month.
Despite a lackluster 2024 for most bonds, investors with an eye on the long-term time horizon could reap future benefits.
In a recent discussion on TheRealInvestmentShow, Bob Farrell and his 10 investment rules were discussed, which elicited several email questions asking, “Who is Bob Farrell, and where are these rules?”.
2024 was about as good as it gets in the equity markets – with the BGEP up 31% and the broader market as a whole posting double digit gains. Underneath the surface, we believe that there are three main drivers of the year’s solid returns. We discuss them below in our market review and outlook.
The College Football playoffs included 12 teams this year and all five automatic berth teams (because they won their conference championships) are now out, including the top two ranked teams, Oregon and Georgia. It wasn’t supposed to turn out this way, and the debate about why has only just started.
The same themes that drove sharp 2024 returns among the Magnificent 7 stocks appear to be very much alive in the new year.
Eden Ovadia, CEO of FINNY, joined WisdomTree’s Office Hours to share actionable growth insights for advisors.
Stocks rallied in 2024, delivering a second consecutive year of gains exceeding 20%, as investors embraced cooling inflation, falling interest rates and the prospect of lower corporate taxes under a second Trump administration.
President Joe Biden is indefinitely blocking offshore oil and gas development in more than 625 million acres of US coastal waters, warning that drilling there is simply “not worth the risks” and “unnecessary” to meet the nation’s energy needs.
What happens in the US economy doesn’t always stay there, particularly when it comes to the UK.
The incoming Trump administration has set a goal of growing the economy by 3% per year, similar to promises made during Donald Trump’s first term in office.
To clear our notebooks entering 2025, here are quick perspectives on a range of topics.
Continuing last year's trend, our 2025 outlook shows fixed income benefiting from high rates, while equities face a narrowing edge over risk-free investments.
After a strong November 2024, markets were generally down in December. The S&P 500 index was down 2.3%, while energy, small caps, value stocks, and REITs performed considerably worse.
Political uncertainty and volatility create fertile ground for active investors to find companies that can successfully navigate a new era.
Gain insights into 2025’s top tech trends and market opportunities, and what experienced investors should consider for smart tech investments.
The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap and semiconductor dominance to a more diverse set of beneficiaries.
The S&P Global US Manufacturing PMI™ fell to 49.4 in December from 49.7 in November, marking the sixth consecutive month of worsening conditions in the manufacturing sector. The latest reading was above the forecasted reading of 48.3.
December's market activity highlights the need for caution in the near term.
Fixed income is top of mind as investors look to a new interest rate regime. Sylvia Yeh dives into the outlook for 2025.
Inflation remains the steadying factor in the Fed’s hand, but the Fed's intentions for next year are not likely unanimous.
Valid until the market close on January 1, 2025
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
Investors continue to enjoy the bull market but remain somewhat nervous about valuation. Policy uncertainty is higher than usual, in part because there are so many policy changes at the same time.
It’s that time of year when Wall Street soothsayers look ahead 12 months and try to divine the path of US stocks.
It’s now half a decade since anything in the US housing market could be considered normal. The pandemic boom was followed by a transaction bust, induced by the central bank, that did little to lower sky-high prices.
Tax Loss Harvesting
Titans of Tomorrow: Quantum Computing and Robotics on the Brink of Revolution
In 2025, two titans of technology stand at the forefront of innovation: quantum computing and robotics. Each offers a vision of a future transformed, where the impossible becomes achievable and industries are redefined.
Raising the SALT Cap Is Supposed to Benefit Whom, Exactly?
The Tax Cuts and Jobs Act that President Donald Trump signed into law in December 2017 imposed a $10,000 limit on the amount of state and local taxes that can be deducted on a federal income tax return.
Tariffs, Tempests, Turnarounds: What’s Next for Renewable Energy?
A look at how the renewable energy opportunity may and may not change.
Schwab Market Perspective: Markets vs. Economy
Strong U.S. economic data has spurred a strong rise in Treasury yields but a tepid response in the stock market. Uncertainty likely will continue in coming months.
Direct Indexing: An Easy Way to Tax-Loss Harvest All Year Round
There are a few things it makes sense to get a start on when a new year begins. One is tax-loss harvesting.
The Future of AI: How NVIDIA’s Vision Is Shaping Our World
At CES 2025, Jensen Huang, CEO of NVIDIA, offered a compelling vision of AI’s future—one that combines bold technological advances with practical applications.
2025 Credit Outlook: On Firm Ground, Despite Shifting Political Sands
New policies could disrupt markets, but high starting yields and strong demand for income should provide ballast.
Surging Long-Term Rates Stoke GOP Tensions on Paying for Tax Cut
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.
Elon Musk’s Robotopia Will Bloom in Aging Europe
There will be more humanoid robots than people by 2040, Elon Musk recently bragged.
Investment Considerations for the Second Trump Presidency
With all eyes focused on the White House, investors must decide what the incoming President’s policies will mean for markets and how to position accordingly. Ahead of the inauguration, we asked our portfolio managers what they think should be front of mind.
A Deep Dive on the Recent Spike in U.S. Treasury Yields
U.S. Treasury yields have increased notably since September, particularly at the long end of the curve, with the 10-year yield up over 100 basis points from its recent lows. We unpack the drivers behind this big move in rates and our outlook for bonds going forward.
A US ETF Split Surge in Q4 2024: Digging Into the Data and What It Means for Investors
Something unusual came down the chimney late last year. During the holidays and the preceding weeks, there were a slew of splits among US ETFs – the most in the past four years, according to Wall Street Horizon’s data.
Is Your Fixed Income Manager Delivering Tax Alpha?
Reflecting ongoing uncertainty around inflation and the trajectory of monetary policy, yield volatility posed challenges in 2024. Yet it also highlighted the importance of tax-efficient strategies like loss harvesting in fixed income portfolios.
US Economic Outlook: Pre-Season Prospects
The Northern Trust Economics team shares an outlook for U.S. growth, inflation, employment and interest rates.
Social Security Changes Mean Higher Benefits for Certain Public Workers
The Social Security Fairness Act is expected to enhance benefits for many starting in 2024. Our Bill Cass explains the significance of the new law.
Balancing Caution and Optimism: Navigating 2025’s Market Dynamics
As we step into 2025, it’s time to revisit our expectations for the markets and provide an updated perspective for investors.
Assessing the Potential Impact of California’s Wildfires on Municipal Bonds
Natural disasters test—but don’t break—municipalities’ resilience.
2024 and 2025 Investment Insights: The Magnificent 7 Stocks, Sector Growth, and Emerging Themes
Despite challenges, the U.S. market saw strong returns in 2024 with a "soft landing" for the economy, leading to key questions and emerging themes for investors in 2025.
Zillow Home Value Index: "Real" Home Value Falls to 3.5 Year Low
In December, nominal home values increased for a 21st straight months to a new all-time high. However, once we adjust for inflation, "real" home values declined for an 8th consecutive month to their lowest level since June 2021.
US Bond ‘Death Spiral’ Risk Brushed Aside by Foreign Funds
Whether you’re speaking with Europe’s largest money manager, Australia’s giant pension funds, or a cash-rich insurer in Japan, there’s a resounding message you’ll hear when it comes to US Treasuries: They are still hard to beat.
The Inflation Genie Is Moving to the White House
The latest updates on the labor market and consumer prices show President-elect Donald Trump inherits an economy where inflation is poised to return to the Federal Reserve’s target later this year.
Uncertainty Is Certain
Amid an unsettled global economic outlook and elevated equity valuations, bond markets present attractive yields and important diversification benefits.
New Congress Faces Massive Policy Agenda
Donald Trump and Republicans support sweeping changes that could affect the economy, markets and investors. But narrow margins in Congress could complicate that agenda.
Transforming 2024 Insights Into 2025 Action
Use this guide to transform our 2024 Retirement Insights into action in 2025, focusing on areas of plan design, tax credits and participant engagement. Our Mike Dullaghan shares the highlights.
Why More Asset Managers Are Outsourcing or Co-sourcing Trading
Outsourced trading is a growing trend among asset managers, with recent headlines illustrating how firms are reassessing their approach to how trading fits in their broader strategic plans.
Tariff Threats Boost Silver & Copper Prices
The threat of tariffs is ramping up ahead of the inauguration of President-elect Donald Trump. This is pushing up silver and copper prices.
Real Middle Class Wages as of December 2024
This series has been updated to include the December release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $51,595, down 6.7% from over 50 years ago.
Tax Planning in 2025: Five Key Topics to Discuss With Your Clients Now
The calendar page has turned, and that means we have the opportunity to get 2025 off to a good start.
How Parametric Strives to Stay Ahead in Direct Indexing
Direct indexing has been around for more than 30 years, yet many people still don’t know what it is or how it continues to grow and evolve.
Bond Yields Surge’s Potential Impacts on the Equity Market
US equities had a stellar 2024, with the S&P 500 up 25%, but the year ended on a softer note. The sharp rise in bond yields has caught the market's eye
2025 Outlook: Run It Back
The global economic landscape continues to evolve, and 2025 promises to be a year of adaptation and resilience.
Europe Moves Further Away From Russian Gas
Most of us like to ring in the new year with fresh energy. The Europeans appear to have made good on this resolution.
Asset Allocation Interactive at 10 Years: The Good, the Not Too Bad, and the Ugly
Ten years ago, Research Affiliates launched the Asset Allocation Interactive online tool, making our CMEs freely available to the public. With one full cycle complete, we can see what has worked well and where we can improve.
The Case for Active Fixed Income in 2025
Active fixed income could stand out in 2025, with active offering a way to refresh bond portfolios and allocations.
The Missing Piece in America’s Healthcare Debate
We need to face the reality that we’ve chosen a system that prioritizes lower taxes over centralized health care.
Don’t Bank on Your Banking Job Outlasting AI
Over the past few months, I’ve had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.
Private Credit Outlook: Expanding the Universe
The journey from niche asset to core allocation looks set to continue.
2025 Political Outlook
Managing Director, Washington Policy Analyst Ed Mills looks at how several of the top market-relevant Washington DC issues could play out in 2025.
What We're Worrying About
We identify four categories of risks to the growth outlook.
Health Check: How Is the Global Economy Holding Up?
On the inaugural edition of Market Week in Review for 2025, Senior Director and Chief Investment Strategist for North America, Paul Eitelman, discussed Canadian Prime Minister Justin Trudeau’s resignation as well as the latest batch of U.S. and global economic data.
PMI Report Highlights: Inflation Pressures Persist Amid Services Sector Growth
The December PMI report, released on January 5, 2025, indicates that the U.S. services sector continued to grow, albeit at a measured pace, suggesting resilience in certain areas of the economy.
Median Household Incomes by Age Bracket: 1967-2023
Our commentary on household income distribution offers some fascinating insights into average U.S. household incomes, but misses the implications of age for income. In this update, we examine household income with a focus on age bracket.
Examining the Case for Active Bond Investing
I’m not ready to concede that active bests the benchmarks by adding what I consider alpha. For example, “positioning the fund to have more credit risk than its benchmark” is a risk premium much in the same way that the equity risk premium produced returns over the risk-free rate. The credit risk premium may be worth it, but that’s beta, not alpha.
Washington's Time Line
When and how will new policies take shape?
Triggers to Change Our Pro-Risk View
We are pro-risk, with the biggest overweight in U.S. stocks, yet eye three areas that could spur a view change.
Surging Bond Yields Make a Strong Case for Fiscal Sanity
The recent surge in bond yields is directing renewed attention to America’s grim fiscal outlook.
The Top 10 U.S. Aerospace and Defense Contractors
The aerospace and defense industry plays a pivotal role in both national security and the stock market. With U.S. defense spending leading the world, the largest contractors are well-positioned for growth amid rising global tensions.
A Partly Cloudy Year
Rough times are coming, yes, but I think we have at least 12 good months before the worst gets here. Let’s look at some of the reasons why things should be okay and then look at some of the potential problems.
Gold Investments Still Shine This Year
Gold certainly had a great 2024, but 2025 is already shaping up to be an opportune year to build up more exposure through ETFs.
US 30-Year Yield Hits 5% as Traders Push Back Next Fed Rate Cut
US Treasuries plunged as evidence of a resilient labor market pushed traders to shift their expectations for the Federal Reserve’s next interest-rate cut to the second half of the year.
Five Alive: Where Is the Treasury 10-Year Yield Headed?
As we enter 2025, there has been a lot of conjecture about a return to the 5% threshold.
2025 Economic Outlook
Chief Economist Eugenio Alemán and Economist Giampiero Fuentes break down the factors likely to impact economic growth, inflation and interest rates.
Q4 Recap: US Growth Closes the Year on Top
U.S. equities closed 2024 on top and U.S. growth took back leadership from U.S. value.
Bankers Need the Right Trump Outcome to Justify Stock Optimism
US investment banks have little room for error in their upcoming full-year results.
Global Bond Selloff Leaves US Treasury Yields Flirting With 5%
The selloffs that keep flaring in the world’s bond markets are pushing yields toward key thresholds amid escalating worries about elevated inflation, tempestuous politics and swelling government debts.
U.S. Household Incomes: A 50+ Year Perspective
A few months ago, the Census Bureau released its annual report on household income data for 2023. During 2023, the median (middle) average household income rose 8.0% to $80,730. Let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.
5 ETF Predictions for 2025
After hitting nearly 80% of my predictions over the first five years, the past two years are calling into question whether I’m truly the ETF Nostradamus.
Treasury Bonds: Riding the Range
Yields may trade in a wide range as markets work through issues in the new year. Navigating volatility may mean capturing higher nominal and real yields over the longer term.
Bonds Are Boring… and That’s a Good thing!
Although underlying fundamentals and company financial statements can be difficult to analyze, the general public can easily discern price movements and understand the primary objective—buy low and sell high.
2025 Year Ahead: Certainties for an Uncertain World
In our year ahead outlook, we unveil 5 key factors we believe offer rare certainty in these uncertain times. Discover how we’re navigating this landscape and positioning portfolios to seize opportunities and mitigate risks in the year ahead.
The January 25 Dashboard: Our 3 Layers of Risk Management
Our Cash Indicator methodology acts as a plan in case of an emergency. Investors should expect more equity market volatility ahead.
Trump Gathers SALT-Focused Republicans Before Tax Fight
A cohort of about 20 Republican House members from New York, New Jersey and California was invited to meet with President-elect Donald Trump at his Mar-a-Lago estate Saturday ahead of a looming fight over an extension of his 2017 tax cuts.
Key Tax Figures for 2025
A look at the 2025 tax rates and contribution limits means individuals may save or gift more this year. Our Bill Cass shares the updated key tax figures and some planning considerations for the year ahead.
Pressing for Yet More
On December 6, the S&P 500 set the most extreme level of valuations on record, exceeding both the 1929 and 2000 market peaks on measures that we find best-correlated with actual, subsequent 10-12 year S&P 500 total returns across a century of market cycles.
A Cautious Take on the New Year’s Market
The new year begins with economic resilience, but investors should brace for a challenging path in 2025. Key economic indicators are still “goldilocks” and signal continued growth at a sustainable pace.
S&P Global Services PMI: Reaches 33-Month High in December
The December U.S. services purchasing managers' index (PMI) conducted by S&P Global came in at 56.8, the highest level since March 2022. The latest reading came in below the forecast of 58.5 but keeps the index in expansion territory for the 23rd straight month.
Bond Investors Could Reap Rewards in the Long Term
Despite a lackluster 2024 for most bonds, investors with an eye on the long-term time horizon could reap future benefits.
The Rules Of Bob Farrell – An Updated Illustrated Guide
In a recent discussion on TheRealInvestmentShow, Bob Farrell and his 10 investment rules were discussed, which elicited several email questions asking, “Who is Bob Farrell, and where are these rules?”.
Fourth Quarter 2024 Performance Commentary and Review
2024 was about as good as it gets in the equity markets – with the BGEP up 31% and the broader market as a whole posting double digit gains. Underneath the surface, we believe that there are three main drivers of the year’s solid returns. We discuss them below in our market review and outlook.
2025: A Year of Promise and Paybacks
The College Football playoffs included 12 teams this year and all five automatic berth teams (because they won their conference championships) are now out, including the top two ranked teams, Oregon and Georgia. It wasn’t supposed to turn out this way, and the debate about why has only just started.
NVIDIA In Focus: CES This Week, J.P. Morgan Healthcare Conference Next Week, February Earnings
The same themes that drove sharp 2024 returns among the Magnificent 7 stocks appear to be very much alive in the new year.
How to Drive Organic Growth: Insights From FINNY
Eden Ovadia, CEO of FINNY, joined WisdomTree’s Office Hours to share actionable growth insights for advisors.
AI Frenzy Drove the S&P 500’s Best Two-Year Gains Since the Dot-Com Era
Stocks rallied in 2024, delivering a second consecutive year of gains exceeding 20%, as investors embraced cooling inflation, falling interest rates and the prospect of lower corporate taxes under a second Trump administration.
Biden Bars Offshore Oil Drilling in US Atlantic and Pacific
President Joe Biden is indefinitely blocking offshore oil and gas development in more than 625 million acres of US coastal waters, warning that drilling there is simply “not worth the risks” and “unnecessary” to meet the nation’s energy needs.
The UK Can Find Its Place in Trump’s America
What happens in the US economy doesn’t always stay there, particularly when it comes to the UK.
How Trump Can Achieve Sustained 3% GDP Growth
The incoming Trump administration has set a goal of growing the economy by 3% per year, similar to promises made during Donald Trump’s first term in office.
Random Thoughts
To clear our notebooks entering 2025, here are quick perspectives on a range of topics.
Schwab's 2025 Long-Term Capital Market Expectations
Continuing last year's trend, our 2025 outlook shows fixed income benefiting from high rates, while equities face a narrowing edge over risk-free investments.
QuantStreet January 2025 Letter: Trump-Trade Reversal
After a strong November 2024, markets were generally down in December. The S&P 500 index was down 2.3%, while energy, small caps, value stocks, and REITs performed considerably worse.
Equity Outlook: Preparing for Profound Policy-Driven Change
Political uncertainty and volatility create fertile ground for active investors to find companies that can successfully navigate a new era.
Tech Investing in 2025: Emerging Trends and Market Opportunities
Gain insights into 2025’s top tech trends and market opportunities, and what experienced investors should consider for smart tech investments.
AI Market Leaders: How Equity Performance Is Evolving among AI Innovators
The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap and semiconductor dominance to a more diverse set of beneficiaries.
S&P Global US Manufacturing PMI™: Tough End to 2024
The S&P Global US Manufacturing PMI™ fell to 49.4 in December from 49.7 in November, marking the sixth consecutive month of worsening conditions in the manufacturing sector. The latest reading was above the forecasted reading of 48.3.
S&P 500 Records Its Second Straight Year of 20%-Plus Gains
December's market activity highlights the need for caution in the near term.
Muni Bonds in a New Interest Rate Regime
Fixed income is top of mind as investors look to a new interest rate regime. Sylvia Yeh dives into the outlook for 2025.
Fed Faces Inflation. Volatility Looms.
Inflation remains the steadying factor in the Fed’s hand, but the Fed's intentions for next year are not likely unanimous.
Moving Averages: S&P Finishes December 2024 Down 2.5%
Valid until the market close on January 1, 2025
This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month.
10 Predictions for 2025
Investors continue to enjoy the bull market but remain somewhat nervous about valuation. Policy uncertainty is higher than usual, in part because there are so many policy changes at the same time.
Stock Bears Are Going Extinct. Time to Worry?
It’s that time of year when Wall Street soothsayers look ahead 12 months and try to divine the path of US stocks.
What the Housing Industry Needs in 2025
It’s now half a decade since anything in the US housing market could be considered normal. The pandemic boom was followed by a transaction bust, induced by the central bank, that did little to lower sky-high prices.