If you have looked at your investment accounts over the past few days, you may be wondering what is going on. After a strong year for stocks, the market has recently turned lower. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite have all declined for three consecutive trading sessions. On Wednesday, September 9,
What the Extended Conflict Could Mean for Inflation, the Economy, Investors, and the Petrodollar For years, the United States economy has benefited from something Americans often take for granted: relatively abundant energy. The shale revolution transformed the United States from a nation deeply dependent on imported oil into one of the world’s largest energy producers.
For the past several years, investors have been rewarded for owning a relatively concentrated group of companies tied to artificial intelligence and semiconductors. NVIDIA, Broadcom, TSMC, AMD, memory manufacturers and other semiconductor companies have benefited from an extraordinary wave of spending on AI infrastructure.That trend has not disappeared. In fact, the underlying demand for AI
The AI Trade Is Changing: Where Is the Money Going Next? Read More »
The United States housing market has spent much of the past decade confronting an affordability crisis unlike any seen in generations. Rising home prices, elevated mortgage rates, limited inventory, restrictive zoning practices, construction labor shortages, and increasing institutional investment in residential real estate have combined to make homeownership increasingly difficult for millions of Americans. Against
The NVIDIA–Palantir Deal Is Really About Control of the AI Stack The NVIDIA–Palantir deal is not just another AI partnership. It is a signal about where the AI industry is moving next. The first phase of the AI boom was about who could build the biggest and smartest foundation model. The next phase is about
What does the NVIDIA–Palantir Deal Really Mean? Read More »
Lately: The Honest Version The honest answer is that tech stocks have been selling off lately because a bunch of worries hit at the same time. It is not just one thing. It is not simply “AI is fake,” and it is not simply “the economy is bad.” Actually, part of the problem is almost
Why Tech Stocks Have Been Selling Off Read More »
Should Retirees Own Bonds in 2026? As retirees move through 2026, one of the most persistent investment questions remains: should bonds still play a central role in a retirement portfolio? For decades, the “classic” rule of thumb suggested a simple formula—hold a percentage of bonds roughly equal to your age. But the financial landscape today
Should Retirees Own Bonds in 2026? Read More »
Few global shipping routes are as strategically important as the Strait of Hormuz. Roughly one-fifth of the world’s oil supply passes through this narrow waterway, making it a vital artery for global energy markets. Because of its importance, mixed signals from political leaders about whether the strait will remain open or face potential restrictions can
The Economic Impact of Uncertainty in the Strait of Hormuz Read More »
After two years dominated by artificial intelligence headlines, investors entered 2026 wondering whether the market rally would broaden beyond a handful of technology giants. So far, the answer appears to be yes. While artificial intelligence remains a major market driver, leadership has expanded into several areas of the economy, including industrials, utilities, financials, defense, and
Which Sectors Are Doing Well in 2026—and Why? Read More »
Last Friday, Kevin Warsh was officially sworn in as Chair of the Federal Reserve, stepping into one of the most scrutinized positions in global finance. With a mandate to balance inflation control, employment stability, and economic growth, the new chair wields enormous influence over markets and the broader economy. Investors, policymakers, and everyday Americans alike
