While it is useful to analyze holdings by asset class, a portfolio-wide view can provide additional insights. Typically, the bond sleeve and the equity sleeve are seen as entirely separate. However, they usually hold unnoticed concentrations in different companies.

US stocks traded lower before the bell on Monday as investors prepared for a busy week of economic data and important earnings from Nvidia Corp.

US stocks traded lower before the bell on Monday as investors prepared for a busy week of economic data and important earnings from Nvidia Corp.

Gold climbed to the highest in three months as the US Treasury’s bold intervention to try to stem a damaging increase in borrowing costs revived investor fears about its fiscal burden.

A brisk rally in industrial stocks this year has defied higher oil prices, rising bond yields and restrictive trade policies, as investors bet on big gains from the artificial intelligence boom. Now signs are emerging the optimism may have gone too far.

Shares of Meta Platforms Inc. have been under pressure all year due to questions about its spending on artificial intelligence. But a trial accusing its social media platforms of targeting children goes beyond that, raising existential questions about the future of its core business.

The nation’s affordable-housing shortage is fueling a fast-growing corner of the municipal bond market, as lenders securitize portfolios of multifamily mortgages to free up capital for new loans.

The best transitions begin long before you set a resignation date. That planning period allows advisory teams to evaluate structures, test assumptions, model expenses, and determine what resources will be required to support both the transition and the firm that follows.

Marvell Technology Inc. and Alphabet Inc.’s Google announced an expanded chip-development partnership, including a warrant from Marvell allowing the search giant to buy as much as $12.2 billion in shares.

America remains the best country in the world to get rich. Some see this as cause for celebration, while others view it as evidence of a broken capitalist system. As an economist, I am less interested in debating whether billionaires (or trillionaires) should exist than in asking what the alternative is.

The ability to set our feelings aside and do what has to be done takes strength and courage. Going back and processing those emotions takes the same strength and even more courage. There is also a secondary reason to do our own work. It helps restore and support our ability to deal with the stressful responsibilities we face and be present for the people who need us.

The nation’s affordable-housing shortage is fueling a fast-growing corner of the municipal bond market, as lenders securitize portfolios of multifamily mortgages to free up capital for new loans.

For nearly four decades, Hunt has been pounding the table for lower yields. As chief economist of Hoisington Investment Management, Hunt bought long-term bonds, betting that globalization and excessive debt impede economic growth, keeping a lid on inflation and interest rates.

Gone are the days of capital-light and cash-flow-rich technology businesses such as internet search, e-commerce and social media. The game now is artificial intelligence, and you had better have hard assets and deep pockets to play, the kind of money few companies have laying around.

Gold extended a two-week advance as pared back expectations for further Federal Reserve rate hikes put pressure on the dollar, making bullion cheaper for most buyers.

Goldman Sachs Group Inc.’s agreement to buy Neos Investments for as much as $2.25 billion marks a new front in Wall Street’s ETF battle: paying up for specialist firms that have found growth beyond the industry’s low-fee giants.

As we write this, long TIPS yields once again yield 3.0% and, as in 2008, these rates may not last long. That means: You snooze, you lose. The time to buy TIPS is now. In this article, we lay out the options and make recommendations.

After years of tests with digital versions of securities, cash and trading networks, the focus has shifted to whether these technologies could work together. This time, nearly 40 firms were testing how tokenized assets could move through the institutions that keep modern markets moving.

As we write this, long TIPS yields once again yield 3.0% and, as in 2008, these rates may not last long. That means: You snooze, you lose. The time to buy TIPS is now. In this article, we lay out the options and make recommendations.

Regardless of the structure, successful partnerships require clearly defined responsibilities, transparent compensation arrangements where applicable, strong compliance oversight, and a shared commitment to putting the client's interests first.

Many advisors build around a core-satellite structure for exactly this reason: A central allocation sized to a client’s larger goals, with satellite positions around it — like direct indexing, tactical sleeves, or targeted fixed income — that can adapt independently as circumstances change.

The question facing advisors is no longer whether clients can hold digital assets, because many already do. It is whether the firm can explain, in writing, how each position was sized, why a particular product was chosen, and where that decision is recorded. Most firms cannot, and that gap is the exposure.

On the first few trading days of every month, America’s paychecks hit the stock market. Most 401(k) contributions now default into index-tracking funds, which buy the same stocks in the same proportions whatever the price.

Market exuberance returned to cryptocurrencies when US Treasury Secretary Scott Bessent announced Wednesday the department would at least double the size of its long-dated bond buybacks, triggering an upswing that forced traders to liquidate billions in short positions.

US stocks rose in early trading Friday, putting the Nasdaq 100 on track to end a five-day losing streak as bond yields stabilize and Bitcoin soars.

Alibaba Group Holding Ltd.’s profit plunged more than 75% after the Chinese company ratcheted up quarterly capital spending to almost $10 billion, aiming to safeguard its position in a fiercely competitive global AI arena.

Would you consider investing in a bond that earns more than 3% after accounting for inflation? What if that security has zero chance of default? Such an opportunity exists today in U.S. Treasury Inflation-Protected Securities (TIPS).

The deal follows similar moves elsewhere in the Gulf, including oil and gas pipeline transactions by Abu Dhabi National Oil Co. and Saudi Aramco, as governments seek to bring in external capital without losing control of key assets. In these cases, investors obtained bridge financing from banks that were later refinanced by bonds.

Agentic AI will not scale until it assumes that coordinating role. It needs to “own the meeting cycle,” and by that I do not mean replacing the advisor, becoming the system of record, or acting without human oversight. I mean maintaining operational continuity — assembling context, preserving relationship memory, coordinating approved actions, and carrying commitments through to completion.

As private credit further cements its role as a primary source of corporate financing, it will be essential to balance opportunity with prudent risk management for long-term stability and sustainability.

Goldman Sachs Group Inc., Blackstone Inc. and Apollo Global Management Inc. had been working tirelessly for months to draw up debt deals that would help developers of artificial intelligence systems pay for chips from Nvidia Corp.

Wealth managers are beating a retreat from private credit and ramping up a search for alternatives, as they continue to reel from sudden exit restrictions at several major direct lending funds earlier this year.

US existing home sales fell a little in July, according to data released last week by the National Association of Realtors. But what really stands out when one looks at the numbers is how little they’ve changed over the past three years. This July, homes were selling at an annual pace of 4.06 million. In July 2023, it was 4.08 million.

As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds.

The US will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration’s effort to force Tehran’s capitulation after almost six months of war.

SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk’s bid to gain ground on rivals Anthropic PBC and OpenAI.

European stock markets are booming. But that doesn’t mean Europe is. Traditionally, a bet on European equities is actually a bet on growth everywhere else. The companies that make up the Stoxx Europe 600 — which has risen by about 12% this year — get almost half their revenues outside the continent, according to the index’s owners.

The US military campaign against Iran has so far failed to force the regime to capitulate. The Trump administration is betting once again that suffocating economic pressure will do the job.

Goldman Sachs Group Inc. will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed exchange-traded fund market.

The financial business is one of numbers and quantifiable results, but we all know it is much more than this. I’ve heard — too many times — that I teach “soft skills” when, in point of fact, those skills are the hardest ones for most people in our industry to master.

Amazon.com Inc.’s Andy Jassy has begun making an audacious boast during conference calls this year. Though his company remains a top Nvidia Corp. customer, it’s also one of the world’s largest makers of data center chips in its own right.

The Treasury Department could opt to draw down some of its cash pile to fund expanded buybacks of higher-yielding, older securities, CNBC reported Monday, citing two senior Treasury officials.

No doubt, AI can be an unnerving tool. But it isn’t magic, malevolent, or secretly sentient. With some reasonable rules in place, policymakers should be able to keep the bots in line, and unleash the benefits for everyone else.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. strategists are among the most optimistic about European stocks on the back of a robust corporate earnings outlook, a Bloomberg survey shows.

It’s easy to make the case that the US equity market is in bubble territory. After all, the major metrics point in the same direction.

With a slew of unexpected maneuvers this year, Scott Bessent has emerged as the most interventionist Treasury secretary in financial markets in decades — putting his credibility on the line in an effort to quell a potentially damaging rise in US borrowing costs.

I’m always asked for scripts. You don’t want a script. You want to be natural and approach clients in a manner that fits you. Practice, practice, practice until it seems natural and comfortable. Authentic is always best.

The US Treasury unexpectedly announced it’s ramping up buybacks of long-dated government debt, taking the action in the wake of yields on such securities hitting the highest levels in years.

More than a decade ago, hundreds of US garage entrepreneurs were working on shoestring budgets to develop drones with dreams of scaling the new technology. Then China’s DJI introduced a small, inexpensive drone with a stable built-in camera.

Treating every addition as an automatic victory is exactly how companies in a successful phase of growth permanently sink their own trajectories, trading raw mass for real value without ever noticing they made the trade.

The yield on 30-year US Treasuries hit the highest in almost two decades, reflecting investor angst over surging government spending, a flood of long-dated bond sales and inflation that’s been stuck over the Federal Reserve’s target for the past five years.

If the bad news is that members of Generation Z can’t afford to buy a house until they are middle-aged — which isn’t really bad news, honestly, but anyway — then the good news is that at least they are investing their money in high-performing assets.

Patients need financing that is approved on the spot and fits the cost and timing of their specific procedure. This is the gap that a newer class of lenders — including CareCredit, Affirm, Sunbit, and Cherry — has been built to fill. The growth of buy now, pay later healthcare financing over the past two years reflects how quickly demand has caught up with supply.

Reasons to be wary about stocks are quickly disappearing and a Goldilocks scenario looks increasingly likely. That’s precisely why it’s a perfect time to hedge against a market priced for perfection.

The Venezuelan gas deal comes at a time when prolonged hostilities between the US and Iran have hampered global energy supplies, including about a fifth of liquefied natural gas shipments that normally traverse the war-choked Strait of Hormuz.

The world’s busiest airport is coming to market with a more than $1 billion municipal bond sale, boosting issuance in the lagging airport sector.

The US government is about to sell 30-year bonds at the highest interest rate in a quarter of a century, after a historic selloff that has stirred speculation the nation will tilt borrowing further toward short-dated maturities.

A robust industrial rebound is underpinning the economy, and it has powered through an energy shock from the US-Iran war; elevated inflation that’s kept interest rates high and homebuilding low; and a bout of new, perhaps more permanent tariffs.

An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve rate increases despite elevated oil prices.

After 10 years, we understand that not every conflict has a clean answer. Advisors value feeling heard and supported through difficult situations. Over time, we’ve learned that genuine engagement and thoughtful communication build more trust than rushing toward incomplete answers.