Our Thinking

While political developments can influence market sentiment and volatility, history suggests equity markets have generally performed well during the year following midterm elections, reinforcing the importance of maintaining a longer-term investment perspective.

Artificial intelligence is entering a new phase in which broader business adoption, rapidly declining model costs and intensifying competition are reinforcing one another.

Although inflation is often discussed as a single number, households experience it differently because spending patterns vary by income, age, lifestyle and financial circumstances. Those differences help explain both consumer behavior and the gap between economic data and household sentiment.

The tech sector once again reminded investors that even exceptional companies are not immune to changing financial conditions.

The Federal Reserve’s recent policy decisions continue to reflect the delicate balance between its dual mandate of promoting maximum employment and maintaining price stability.

Successful investing often involves understanding how economic growth, inflation, Fed policy, bond yields, and corporate earnings interact.

Expectations and sentiment act as the invisible inner framework shaping our emotional experiences, often setting the stage for how we feel before events even unfold.

The Strait of Hormuz has long stood at the center of global energy and trade, a narrow maritime corridor whose importance has only deepened over time.

Geopolitical disruptions often spill over into market sentiment if not outright trends. Changes from past periods of disruption may provide some insights into future investment strategy improvements.