As was widely expected, the Federal Open Market Committee decided to pause their rate cuts at the January meeting, keeping the fed funds trading range at 3.50%–3.75%. For those keeping track, the Fed had lowered ‘the funds rate’ by 75 basis points (bps) during the final three FOMC meetings of 2025.
Passive, active, Treasuries, corporates, munis, international, and more — the whole spectrum of fixed income ETFs seemed to come off a strong year in 2025. The year was also marked by a bevy of launches.
New 25% tariffs will be placed on a small set of advanced semiconductors. The list of exemptions was long, allowing free imports of chips bound for data centers, research, startups and the public sector. The new tariff does not apply to finished products that use these chips, like laptops and smartphones.
Doug Drabik discusses fixed income market conditions and offers insight for bond investors.
As many of you know, my passion has always been helping investors understand company fundamentals so they can make sound, data-driven decisions.Today, I want to cover an essential accounting technique I frequently use with my Fundamentals Analyzer software: horizontal analysis.
Stock market volatility has a way of triggering powerful emotions. Rising prices foster confidence. But when markets fall, fear can take over, leading investors to make decisions that may undermine long-term returns.
The Federal Reserve held rates unchanged at the first meeting of 2026, while it waits to see what direction inflation, employment, and other policies take in the months ahead.
Join us at the Winter Symposium for a crucial session dedicated to defining investment strategy for the coming year.
Private markets were historically for institutional and ultra-high-net-worth investors. Today, that exclusivity is breaking down, as many retail investors realize the value behind private markets and advisors look for additional diversification tools.
2025 capped off a record year for orbital launches, confirming that the space industry is more than alive and well. This creates a growth opportunity set for the Procure Space ETF (UFO), which can capture ongoing developments in the industry in 2026.
In this article, we look both back and forward, first at the 2025 capital markets to analyze not just what happened but also how it fits in the historical context and what we believe it means for 2026 and beyond. We then pivot to our return expectations for major asset classes in the next decade.
Local currency rates and FX screen very cheap, while hard currency credit is rich.
The federal funds rate will remain 3.5% to 3.75%. While the market still expects two rate cuts late this year, the Fed is likely to tread cautiously given the economic backdrop.
Amid a rush of domestic and foreign policy developments that have rattled markets – including the potential for another U.S. government shutdown – the Federal Reserve held steady on U.S. monetary policy.
If you play it safe and the fund doesn’t generate sufficient returns, it will require more contributions, often from taxpayers. But if you take too much risk, it could also go wrong and leave the fund without enough money. The task requires balancing risk and reward.
Gold surged to a record above $5,500 an ounce, extending a breakneck rally fueled by a weaker dollar and investor flight from sovereign bonds and currencies to a ninth day.
Jerome Powell has two more opportunities to adjust interest rates before his term as Federal Reserve chair ends — and he may not need them.
Apple Inc.’s stock is taking a hit as investors try to assess how much rapidly rising memory prices are eating into its bottom line. Investors will get a peek when the iPhone maker reports its earnings after the close Thursday.
Elon Musk, ever attuned to the political zeitgeist, has updated Tesla Inc.’s mission to “amazing abundance.” It is the kind of hyperbole beloved of investors in the company he runs.
Who could forget those heady days when Microsoft Corp. Chief Executive Officer Satya Nadella looked like the smartest man in tech? When ChatGPT emerged in late 2022, his decision to back OpenAI put Nadella’s company at the forefront of the AI boom.
On Saturday, President Trump threatened 100% tariffs on “all Canadian goods and products coming into the U.S.A.,” linking the warning to Canada’s China engagement and the risk of Canada becoming a “drop-off port” for Chinese goods into the U.S.
Coming into 2026, investors face a landscape shaped by persistent inflation, evolving US monetary policy and global uncertainty. At Parametric, our systematic and customized approach is designed to help clients navigate these complexities while preserving after-tax returns.
As a wave of inclement weather sweeps across much of the U.S., investors are also navigating a seasonally important period for markets. Much like winter storms can influence travel patterns and economic activity early in the year, January’s market performance has long been viewed as a potential signal for what lies ahead.
In our 2026 Outlook, we examine three themes that we believe will shape the economy in the coming year and impact the U.S. and global markets. Theme 1: Everyday Impacts of an Uneven Recovery. Theme 2: AI From Hype to Real-World Results. Theme 3: Adding Private Income and Diversification
The near-perfect timing of gold breaking through $5,000 while silver sliced through $100 has grabbed the market’s attention.
What appeared just months ago to be a stable and predictable transatlantic trade environment now looks conditional. The ground underneath transatlantic trade relations is once again shifting…even though critical portions of it are covered by permafrost.
Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as they signaled a more cautious approach to potential future adjustments.
Concentration risk is the #1 controllable risk in your portfolio. If one stock goes to zero and it’s your whole bag, you're in trouble. But selling usually means a giant tax bill—until now.
Dealing with difficult clients is a topic I discuss often with advisors. When a client is being “difficult”, there are a few key psychological factors to understand. I’ve outlined a process below that may help you navigate these high-stress interactions.
It’s possible to make your communication with clients both more impactful and more efficient if you’re smart and strategic about using the tools you have available. Let’s take a look at how to leverage some of the most common communication tools effectively for your firm.
If you feel like your website is a little outdated or isn’t serving as the lead machine you want it to, it might just be time for a refresh. Before diving in, take some time to get feedback from trusted friends, consider your goals, and always keep your prospects’ pain points top of mind.
Amazon.com Inc. is cutting 16,000 corporate jobs in an effort to remove layers of bureaucracy and “increase ownership,” becoming the latest company to target managers for layoffs in recent years.
Investors wondering about payoffs from the pile of cash being spent on artificial intelligence should get some clues when Microsoft Corp. and Meta Platforms Inc. post earnings after the close Wednesday.
Over the past year, Tether has quietly become one of the biggest players in the global gold market — the embodiment of a meeting of the crypto and gold worlds whose shared distrust of government debt is a major factor behind the surge in prices to never-before-seen highs above $5,200 an ounce.
Mayor Zohran Mamdani is amping up pressure on Governor Kathy Hochul to hike taxes for the richest residents and corporations, asking the state to send billions more in aid to New York City as he faces mounting budget holes.
Classical economics suggests that information is readily available, and is assimilated quickly and accurately. Reality is not that neat: the discipline of behavioral economics has consistently demonstrated that human beings are prone to a series of biases and miscalculations.
The US is coming off a period of remarkable equity-market dominance. Over 11 of the past 15 years, US equities outpaced their non-US peers—sometimes by sizeable margins. But last year, the pattern reversed dramatically.
One frustrating characteristic of the AI boom seems to be that everyone must pay for it, regardless of any interest in using it. For some, it will be through rising utility bills as data centers strain the grid.
Theoretically, the two foundational drivers of long‑run economic growth are population growth, which expands the labor force, and productivity, which determines how efficiently that labor can transform inputs into outputs.
Investors are returning to health care stocks, but $1 trillion in government funding cuts and a looming pharma "patent cliff" are among the risks as Q4 earnings reports come due.
Raymond James Chief Economist Eugenio J. Alemán discusses current economic conditions.
Another blockbuster year for bond ETFs is in the books. After two straight years of record net inflows, taxable fixed income ETF assets have nearly doubled since 2020 – crossing the $2 trillion mark. But the big story in 2026 will be rising pressure to move out of money market funds.
In our latest "Alternative Allocations" podcast episode, we sit down with Paul Jodice, Co-Head of Morgan Stanley's GIMA team, to explore crucial shifts they’ve adopted to meet the needs of advisors and the strategies advisors are seeking today.
The AI boom has pushed technology stocks to new highs, but it has also masked headwinds in other sectors of the economy.
LPL Research examines how rising productivity, AI adoption, and structural shifts toward services are supporting U.S. economic growth in 2026.
By assessing the macro and market drivers that shape each outlook, we can lay out clear, practical tactics to prepare your portfolio for either path. Whether the bullish or bearish case prevails in 2026, your edge will come from disciplined risk management, not from guessing the future.
According to Baiocchi, advisors are reevaluating portfolios and recognizing gaps in exposure to companies driving major market themes.
As geopolitical tensions reshape global trade, capital flows and investor risk appetite, gold is once again surfacing as an important component of asset allocation. Some investors and central banks are arguably viewing gold as a risk hedge, supplanting US Treasuries as a safe-haven asset.
The Federal Reserve is widely expected to halt its interest-rate-cutting cycle this week, as a steadier jobs market restores a degree of consensus at the central bank after months of growing division.
Investing in line with our beliefs, whether about social issues, environmental concerns, or politics, can feel principled and emotionally satisfying. But markets don’t care about our convictions.
