The perspective here provides some thoughts on the use of debt across the economy with its implications for economic activity and financial markets.
Market Update: October 3, 2025
Stock markets continued their upward trend through September, bringing to +14.4% the year-to-date gain for the broad U.S. market. Bond markets responded favorably to the Federal Reserve’s first cut in its policy rate for 2025.
Precious
Investments in precious metals can be found in a portfolio, primarily gold and silver. These metals are considered precious as they are thought to be valuable, rare and durable. But what role do they play in a portfolio.
Misery
An important assessment of fiscal policy is its impact on the well-being of the electorate. The perspective here provides some comparisons that might be useful for assessing the economic environment ahead and investment implications.
Big & Beautiful
Finding one big beautiful investment in which to anchor a portfolio is a wishful pursuit. The perspective here provides some comparisons that might be useful for determining what portfolio structures and strategies merit greater attention over time.
What If
With a contraction in real U.S. economic growth in the first quarter of 2025, concerns over an outright recession have risen.
Rest-of-the-World
A common diversification strategy involves setting the allocations between U.S. stocks and stocks domiciled in the rest of the world.
Tariffs
Analysis of tariff policies and consequences will be ongoing for some time. The perspective here provides some basic information that may be useful as tariff dynamics continue to unfold and as markets respond.
Uncertainty
Uncertainty is on the rise as a blizzard of fiscal policy changes defy easy analysis from Wall Street to Main Street and in the nation’s capital as well.
Drill
No commodity has garnered as much attention as oil in recent years. A review of some key oil measures can provide perspective for economic growth and investment returns ahead.