MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Microsoft Corp. has plowed tens of billions of dollars into artificial intelligence. With its stock struggling, the key question is how quickly those investments can prove to be successful.
Canada’s stock market — where returns have lagged the US for two straight years — might offer investors protection against a downturn in US stocks, a Toronto-based asset manager says.
Technical analysis is one of many tools we use to manage clients' wealth. While inconsistent, as with every forecasting model, it is the best means for quantifying investors' collective behaviors. Simply put, historical price and volume data provide a critical context for price levels likely to motivate buyers and sellers.
Despite challenges, the U.S. market saw strong returns in 2024 with a "soft landing" for the economy, leading to key questions and emerging themes for investors in 2025.
For this edition of Bull vs. Bear, the VettaFi writers debate the case for using sector ETFs to make bets on the new market regime.
Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve is on track to keep cutting rates this year.
Amid an unsettled global economic outlook and elevated equity valuations, bond markets present attractive yields and important diversification benefits.
The threat of tariffs is ramping up ahead of the inauguration of President-elect Donald Trump. This is pushing up silver and copper prices.
Advisors who refine their tech stacks and focus on actionable solutions will thrive. Likewise, wealthtech companies that prioritize delivering meaningful outcomes will rise to meet the industry’s new standards.
I wrote this from Las Vegas, where my son Jonah and I were at CES (the Consumer Electronics Show). In investing and life, it’s very easy to get tunnel vision – doing what works and staying in your comfort zone. I wanted to attend CES to shake myself out of this pattern.
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span.
Jamie Dimon, who turns 69 in March, will one day retire as chief executive officer of JPMorgan Chase & Co. The candidates to succeed him have been well advertised.
Manufacturing activity declined in New York State, according to the Empire State Manufacturing January survey. The diffusion index for General Business Conditions was fell nearly 15 points to -12.6. The latest reading was worse than the forecast of 2.7.
The strong performance of large-cap stocks over the past decade has left the market exceptionally top-heavy. By some measures, stock market capitalization has never been more concentrated among a handful of large stocks as today.
US equities had a stellar 2024, with the S&P 500 up 25%, but the year ended on a softer note. The sharp rise in bond yields has caught the market's eye
Direct indexing has been around for more than 30 years, yet many people still don’t know what it is or how it continues to grow and evolve.
Nothing is more fundamental to the current health of the economy than jobs creation and income growth.
Wall Street was set for a higher open on Tuesday, though a renewed rise in Treasury yields damped the sentiment boost offered earlier by the prospect of gradually imposed US trade tariffs.
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.
“Risk,” according to London Business School’s Elroy Dimson, “means that more things can happen than will happen.” Serhii Plokhy’s Chernobyl Roulette provides the reader with a compelling demonstration of that dictum.
For firms chasing digital empowerment it’s especially important to pay attention to the first 60 days of onboarding with a new technology and tech provider.
Over the past few months, I’ve had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.
As we kick off 2025, the economic landscape showcased a strong economy and resilient job market even as higher interest rates weigh on market sentiment. This week’s data underscore the delicate interplay between inflation expectations, real growth, and the Federal Reserve’s policy stance.
We identify four categories of risks to the growth outlook.
The journey from niche asset to core allocation looks set to continue.
The question asked of me most often recently: "Why are bond yields rising?" After verbally answering it plenty of times, it's time to put my answer in writing for everyone else to see.
Markets are coming off back-to-back gains of more than 20% each on an annual basis. The chances of a hat trick in 2025 are slim to none.
Let's take a close look at December's employment report numbers on Full and Part-Time Employment. The latest data shows that 82.7% of total employed workers are full-time (35+ hours) and 17.3% of total employed workers are part-time (<35 hours).
When and how will new policies take shape?
The aerospace and defense industry plays a pivotal role in both national security and the stock market. With U.S. defense spending leading the world, the largest contractors are well-positioned for growth amid rising global tensions.
With 2024 in the books, market participants now know that the tech-heavy Nasdaq Composite Index surged about 85% over the past two years.
Many people these days are on heightened alert for bubbles, and I’m often asked whether there’s a bubble surrounding the Standard & Poor’s 500 and the handful of stocks that have been leading it.
Indonesia isn’t taking a step back from its hardball approach to Apple Inc. The showdown has turned into quite a spectacle, but it’s unlikely the wins will be sustainable.
2024 certainly saw cap-weighted strategies outperform equally weighted alternatives, but that could very well change this year.
A messy, ongoing tech breakup between the US and China is forcing a rethink about what the industry might look like for consumers in a decoupled world.
U.S. equities closed 2024 on top and U.S. growth took back leadership from U.S. value.
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
Our Cash Indicator methodology acts as a plan in case of an emergency. Investors should expect more equity market volatility ahead.
On December 6, the S&P 500 set the most extreme level of valuations on record, exceeding both the 1929 and 2000 market peaks on measures that we find best-correlated with actual, subsequent 10-12 year S&P 500 total returns across a century of market cycles.
The new year begins with economic resilience, but investors should brace for a challenging path in 2025. Key economic indicators are still “goldilocks” and signal continued growth at a sustainable pace.
As we turn the page on 2024 and look ahead into 2025, the key question on investors' minds is: can 2024’s positive momentum in the economy and financial markets continue into 2025?
Thanks to technology and the rise of passive investing, putting together a sophisticated, diversified portfolio has never been easier.
The December U.S. services purchasing managers' index (PMI) conducted by S&P Global came in at 56.8, the highest level since March 2022. The latest reading came in below the forecast of 58.5 but keeps the index in expansion territory for the 23rd straight month.
Stocks are coming off another banner year, but strength has bred a frothy sentiment environment, which continues to loom as a risk for likely coming volatility.
Every central banker has a make-or-break moment. As the euro crisis raged in 2012, then-European Central Bank boss Mario Draghi took to describing the common currency as a “bumblebee”:
In a recent discussion on TheRealInvestmentShow, Bob Farrell and his 10 investment rules were discussed, which elicited several email questions asking, “Who is Bob Farrell, and where are these rules?”.
Nvidia Corp. investors have high hopes that Monday’s speech from CEO Jensen Huang will spark a fresh breakout in the chipmaker’s shares, which have plateaued since November after roaring higher for much of 2024.
The same themes that drove sharp 2024 returns among the Magnificent 7 stocks appear to be very much alive in the new year.
Eden Ovadia, CEO of FINNY, joined WisdomTree’s Office Hours to share actionable growth insights for advisors.
The moving average for vehicle sales per capita series peaked in August 1978. Fast forward more than 45 years, it is now down 36.5% from that peak.
Stocks rallied in 2024, delivering a second consecutive year of gains exceeding 20%, as investors embraced cooling inflation, falling interest rates and the prospect of lower corporate taxes under a second Trump administration.
Most people don’t pay much attention to the political process, either local or federal. This year I think it is something we should all be paying attention to as it might affect our various lives.
With 2024 behind us, let's revisit the top 10 most-read charts of the year.
To clear our notebooks entering 2025, here are quick perspectives on a range of topics.
After a strong November 2024, markets were generally down in December. The S&P 500 index was down 2.3%, while energy, small caps, value stocks, and REITs performed considerably worse.
Political uncertainty and volatility create fertile ground for active investors to find companies that can successfully navigate a new era.
The year ahead may present challenges as markets and the economy look to maintain momentum.
Gain insights into 2025’s top tech trends and market opportunities, and what experienced investors should consider for smart tech investments.
Caryl Falvey shares retirement-conversation insights from MIT Agelabs and MassMutual Strategic Distributors.
Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the December 2024 close.
The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap and semiconductor dominance to a more diverse set of beneficiaries.
December's market activity highlights the need for caution in the near term.
The clouds that hung over the financial-technology industry in 2024 appear to be clearing as interest-rate cuts, recoveries in fintech stocks and promises of a looser regulatory environment in the second Trump administration paint a more promising outlook for startups.
The market commentary will explore market predictions, the Santa Claus Rally, and the current state of the markets heading into 2025.
Investors continue to enjoy the bull market but remain somewhat nervous about valuation. Policy uncertainty is higher than usual, in part because there are so many policy changes at the same time.
This year is shaping up to be a dramatic one for climate tech investors.
Before I undertake the hard task of predicting where the crypto industry will go in 2025, let’s take a minute to recall where it has been.
European stocks fell in the penultimate trading session of 2024, a year of modest gains for the region that contrasted with the bullish Wall Street rally.
While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter.
With Donald Trump’s re-election as President of the United States, debates have reignited about the potential impact on markets, trade, and the global economy. The new administration has promised deregulation, tax cuts and a focus on energy independence.
By this time last year, the stock market’s rally had blown past even the most optimistic targets and Wall Street forecasters were convinced it couldn’t keep up the dizzying pace.
Advances in AI, including artificial general intelligence, are very likely to continue — but it’s unclear how much of a difference they’ll make.
I never thought someone would label me a “Permabull.” This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and artificially suppressed interest rates.
Tokenization, or the process of creating digital representations of real-world assets on a blockchain, has become one of this year’s buzzwords in both conventional and crypto finance circles.
The new year will start with plenty of intrigue, especially in manufacturing, aerospace and logistics, the area where I hunt for interesting storylines about how companies navigate opportunities and pitfalls.
Recommend reading that provides a bed of knowledge for the key themes we think will define 2025. Ours differs from other lists you might see elsewhere at this time of year in that we focus on relevance rather than recency, though there are new books here, too.
The S&P 500 Index posted its best month of the year in November, with a clear election result and a “no-surprise” Fed rate cut providing support.
We expect the playbook for emerging markets to be one of volatility at the start of the year, transitioning to growth and opportunity as U.S. trade policies and China stimulus plans become clearer.
This analysis explores why SOC2 certification, despite its widespread adoption and respected status, may provide a false sense of security and prove inadequate in protecting organizations against modern cyber threats.
People often make a distinction between “good debt” and “bad debt,” in terms of both personal finances and public spending.
Some hedge fund managers are sounding the alarm on overvalued nuclear power stocks and scaling back exposure after a stunning rally this year.
If you happen to be a Bitcoin skeptic, you’re not alone. A recent Pew Research survey found that 63% of Americans are not confident in the reliability or safety of cryptocurrencies in general.
As we near the end of 2024, researchers, businesses, and investors have begun to question the overheated artificial intelligence sentiment.
J.P. Morgan’s Jon Maier highlights the firm’s suite of ETFs and discusses the industry’s accelerating momentum behind active management. VettaFi’s Roxanna Islam offers insights into the recent Nasdaq-100 index rebalance and its connection to broader ETF trends.
Has the U.S. economy diverged from the global economy, or are a lot of economic canaries in coalmines keeling over and warning the U.S. is soon to catch down?
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research Todd Rosenbluth discussed the iShares Nasdaq Top 30 Stocks ETF (QTOP) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
CAPE, or the cyclically adjusted price-to-earnings ratio, introduced in 1988 by economists John Campbell and Robert Shiller, is arguably the best-known indicator of broad market valuation. And CAPE is now at an almost (though not quite) all-time high level, according to data from Robert Shiller's website.
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc. enters the S&P 500 next year, forcing the likes of index-tracking funds to buy his controversial company en masse. Whether they like it or not.
Forced to seek a government rescue barely a year ago, Siemens Energy AG was an unlikely candidate for Europe’s best performing stock of 2024.
Innovative ETFs
MicroStrategy May Soon Rival Amazon, Alphabet in Common Shares
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Microsoft’s Stock Revival Hinges on Showing Growth From AI Binge
Microsoft Corp. has plowed tens of billions of dollars into artificial intelligence. With its stock struggling, the key question is how quickly those investments can prove to be successful.
Canada a ‘Good Place to Hide’ If US Stocks Drop, Contrarian Says
Canada’s stock market — where returns have lagged the US for two straight years — might offer investors protection against a downturn in US stocks, a Toronto-based asset manager says.
Technical Analysis Is Not Voodoo, It Is Invaluable Context
Technical analysis is one of many tools we use to manage clients' wealth. While inconsistent, as with every forecasting model, it is the best means for quantifying investors' collective behaviors. Simply put, historical price and volume data provide a critical context for price levels likely to motivate buyers and sellers.
2024 and 2025 Investment Insights: The Magnificent 7 Stocks, Sector Growth, and Emerging Themes
Despite challenges, the U.S. market saw strong returns in 2024 with a "soft landing" for the economy, leading to key questions and emerging themes for investors in 2025.
Bull vs. Bear: Using Sector ETFs to Make Bets on the New Regime
For this edition of Bull vs. Bear, the VettaFi writers debate the case for using sector ETFs to make bets on the new market regime.
Wall Street Has Best CPI Day Since at Least 2023: Markets Wrap
Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge in bond yields, reinforcing bets the Federal Reserve is on track to keep cutting rates this year.
Uncertainty Is Certain
Amid an unsettled global economic outlook and elevated equity valuations, bond markets present attractive yields and important diversification benefits.
Tariff Threats Boost Silver & Copper Prices
The threat of tariffs is ramping up ahead of the inauguration of President-elect Donald Trump. This is pushing up silver and copper prices.
2025 Wealthtech Landscape: Clarity & Consolidation for Financial Advisors
Advisors who refine their tech stacks and focus on actionable solutions will thrive. Likewise, wealthtech companies that prioritize delivering meaningful outcomes will rise to meet the industry’s new standards.
Thoughts from the Consumer Electronics Show
I wrote this from Las Vegas, where my son Jonah and I were at CES (the Consumer Electronics Show). In investing and life, it’s very easy to get tunnel vision – doing what works and staying in your comfort zone. I wanted to attend CES to shake myself out of this pattern.
Nvidia’s $3 Trillion Rally Is On Edge, Wall Street Is Unfazed
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span.
Jamie Dimon’s Succession Race Just Lost a Top Candidate
Jamie Dimon, who turns 69 in March, will one day retire as chief executive officer of JPMorgan Chase & Co. The candidates to succeed him have been well advertised.
Empire State Manufacturing Survey: Activity Declines in January
Manufacturing activity declined in New York State, according to the Empire State Manufacturing January survey. The diffusion index for General Business Conditions was fell nearly 15 points to -12.6. The latest reading was worse than the forecast of 2.7.
Slimming Down a Top-Heavy Market
The strong performance of large-cap stocks over the past decade has left the market exceptionally top-heavy. By some measures, stock market capitalization has never been more concentrated among a handful of large stocks as today.
Bond Yields Surge’s Potential Impacts on the Equity Market
US equities had a stellar 2024, with the S&P 500 up 25%, but the year ended on a softer note. The sharp rise in bond yields has caught the market's eye
How Parametric Strives to Stay Ahead in Direct Indexing
Direct indexing has been around for more than 30 years, yet many people still don’t know what it is or how it continues to grow and evolve.
Expect Innovation Led American Exceptionalism to Continue
Nothing is more fundamental to the current health of the economy than jobs creation and income growth.
Wall Street Set for Higher Open on Tariff Report
Wall Street was set for a higher open on Tuesday, though a renewed rise in Treasury yields damped the sentiment boost offered earlier by the prospect of gradually imposed US trade tariffs.
China Weighs Sale of TikTok US to Musk as a Possible Option
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.
Catastrophe’s Thin Red Line
“Risk,” according to London Business School’s Elroy Dimson, “means that more things can happen than will happen.” Serhii Plokhy’s Chernobyl Roulette provides the reader with a compelling demonstration of that dictum.
Make It or Break It: Why the First 60 Days of New Tech Adoption Are the Most Important
For firms chasing digital empowerment it’s especially important to pay attention to the first 60 days of onboarding with a new technology and tech provider.
Don’t Bank on Your Banking Job Outlasting AI
Over the past few months, I’ve had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.
Economic Resilience Meets “Higher for Longer” Rates
As we kick off 2025, the economic landscape showcased a strong economy and resilient job market even as higher interest rates weigh on market sentiment. This week’s data underscore the delicate interplay between inflation expectations, real growth, and the Federal Reserve’s policy stance.
What We're Worrying About
We identify four categories of risks to the growth outlook.
Private Credit Outlook: Expanding the Universe
The journey from niche asset to core allocation looks set to continue.
Why Are Bond Yields Rising?
The question asked of me most often recently: "Why are bond yields rising?" After verbally answering it plenty of times, it's time to put my answer in writing for everyone else to see.
Chasing Alpha: Top Active Equity Strategies for 2025
Markets are coming off back-to-back gains of more than 20% each on an annual basis. The chances of a hat trick in 2025 are slim to none.
A Closer Look at Full-time and Part-time Employment: December 2024
Let's take a close look at December's employment report numbers on Full and Part-Time Employment. The latest data shows that 82.7% of total employed workers are full-time (35+ hours) and 17.3% of total employed workers are part-time (<35 hours).
Washington's Time Line
When and how will new policies take shape?
The Top 10 U.S. Aerospace and Defense Contractors
The aerospace and defense industry plays a pivotal role in both national security and the stock market. With U.S. defense spending leading the world, the largest contractors are well-positioned for growth amid rising global tensions.
Big Tech Can Lead Again in 2025
With 2024 in the books, market participants now know that the tech-heavy Nasdaq Composite Index surged about 85% over the past two years.
On Bubble Watch
Many people these days are on heightened alert for bubbles, and I’m often asked whether there’s a bubble surrounding the Standard & Poor’s 500 and the handful of stocks that have been leading it.
Indonesia’s Showdown With Apple Is Far From Over
Indonesia isn’t taking a step back from its hardball approach to Apple Inc. The showdown has turned into quite a spectacle, but it’s unlikely the wins will be sustainable.
Could Equal Weight Strategies Make a Comeback This Year?
2024 certainly saw cap-weighted strategies outperform equally weighted alternatives, but that could very well change this year.
US-China Tech Breakup Is a Race to the Bottom
A messy, ongoing tech breakup between the US and China is forcing a rethink about what the industry might look like for consumers in a decoupled world.
Q4 Recap: US Growth Closes the Year on Top
U.S. equities closed 2024 on top and U.S. growth took back leadership from U.S. value.
Biden to Further Limit Nvidia AI Chip Exports in Final Push
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.
The January 25 Dashboard: Our 3 Layers of Risk Management
Our Cash Indicator methodology acts as a plan in case of an emergency. Investors should expect more equity market volatility ahead.
Pressing for Yet More
On December 6, the S&P 500 set the most extreme level of valuations on record, exceeding both the 1929 and 2000 market peaks on measures that we find best-correlated with actual, subsequent 10-12 year S&P 500 total returns across a century of market cycles.
A Cautious Take on the New Year’s Market
The new year begins with economic resilience, but investors should brace for a challenging path in 2025. Key economic indicators are still “goldilocks” and signal continued growth at a sustainable pace.
Our 10 Investing Themes for 2025
As we turn the page on 2024 and look ahead into 2025, the key question on investors' minds is: can 2024’s positive momentum in the economy and financial markets continue into 2025?
Why Technology Makes Modern Financial Planning More Human Than Ever
Thanks to technology and the rise of passive investing, putting together a sophisticated, diversified portfolio has never been easier.
S&P Global Services PMI: Reaches 33-Month High in December
The December U.S. services purchasing managers' index (PMI) conducted by S&P Global came in at 56.8, the highest level since March 2022. The latest reading came in below the forecast of 58.5 but keeps the index in expansion territory for the 23rd straight month.
It Was a Very Good Year
Stocks are coming off another banner year, but strength has bred a frothy sentiment environment, which continues to loom as a risk for likely coming volatility.
ECB's Lagarde Faces a Make-or-Break 2025
Every central banker has a make-or-break moment. As the euro crisis raged in 2012, then-European Central Bank boss Mario Draghi took to describing the common currency as a “bumblebee”:
The Rules Of Bob Farrell – An Updated Illustrated Guide
In a recent discussion on TheRealInvestmentShow, Bob Farrell and his 10 investment rules were discussed, which elicited several email questions asking, “Who is Bob Farrell, and where are these rules?”.
Nvidia Investors Look to Huang CES Speech to Spark Next Breakout
Nvidia Corp. investors have high hopes that Monday’s speech from CEO Jensen Huang will spark a fresh breakout in the chipmaker’s shares, which have plateaued since November after roaring higher for much of 2024.
NVIDIA In Focus: CES This Week, J.P. Morgan Healthcare Conference Next Week, February Earnings
The same themes that drove sharp 2024 returns among the Magnificent 7 stocks appear to be very much alive in the new year.
How to Drive Organic Growth: Insights From FINNY
Eden Ovadia, CEO of FINNY, joined WisdomTree’s Office Hours to share actionable growth insights for advisors.
Vehicle Sales: December 2024
The moving average for vehicle sales per capita series peaked in August 1978. Fast forward more than 45 years, it is now down 36.5% from that peak.
AI Frenzy Drove the S&P 500’s Best Two-Year Gains Since the Dot-Com Era
Stocks rallied in 2024, delivering a second consecutive year of gains exceeding 20%, as investors embraced cooling inflation, falling interest rates and the prospect of lower corporate taxes under a second Trump administration.
A Controversial Start
Most people don’t pay much attention to the political process, either local or federal. This year I think it is something we should all be paying attention to as it might affect our various lives.
Top 10 AP Charts of 2024
With 2024 behind us, let's revisit the top 10 most-read charts of the year.
Random Thoughts
To clear our notebooks entering 2025, here are quick perspectives on a range of topics.
QuantStreet January 2025 Letter: Trump-Trade Reversal
After a strong November 2024, markets were generally down in December. The S&P 500 index was down 2.3%, while energy, small caps, value stocks, and REITs performed considerably worse.
Equity Outlook: Preparing for Profound Policy-Driven Change
Political uncertainty and volatility create fertile ground for active investors to find companies that can successfully navigate a new era.
2025 Investing Outlook
The year ahead may present challenges as markets and the economy look to maintain momentum.
Tech Investing in 2025: Emerging Trends and Market Opportunities
Gain insights into 2025’s top tech trends and market opportunities, and what experienced investors should consider for smart tech investments.
Why Words Matter in Client Conversations About Retirement
Caryl Falvey shares retirement-conversation insights from MIT Agelabs and MassMutual Strategic Distributors.
The S&P 500, Dow and Nasdaq Since 2000 Highs as of December 2024
Here is a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq composite since their 2000 highs. We've updated this through the December 2024 close.
AI Market Leaders: How Equity Performance Is Evolving among AI Innovators
The AI market has evolved significantly in the past two years, shifting from a heavy reliance on mega-cap and semiconductor dominance to a more diverse set of beneficiaries.
S&P 500 Records Its Second Straight Year of 20%-Plus Gains
December's market activity highlights the need for caution in the near term.
Regulation, Deals and Crypto: Fintech Themes to Watch in 2025
The clouds that hung over the financial-technology industry in 2024 appear to be clearing as interest-rate cuts, recoveries in fintech stocks and promises of a looser regulatory environment in the second Trump administration paint a more promising outlook for startups.
What Did Santa Bring to the Markets? Volatility.
The market commentary will explore market predictions, the Santa Claus Rally, and the current state of the markets heading into 2025.
10 Predictions for 2025
Investors continue to enjoy the bull market but remain somewhat nervous about valuation. Policy uncertainty is higher than usual, in part because there are so many policy changes at the same time.
Where the Smart Climate Tech Venture Money Is Going in 2025
This year is shaping up to be a dramatic one for climate tech investors.
A Crypto Optimist’s Guide for 2025
Before I undertake the hard task of predicting where the crypto industry will go in 2025, let’s take a minute to recall where it has been.
European Stocks Decline as Year-End Rally on Wall Street Fades
European stocks fell in the penultimate trading session of 2024, a year of modest gains for the region that contrasted with the bullish Wall Street rally.
Crypto’s $205 Billion Stablecoin Market Set to Go Mainstream
While Bitcoin’s surge above $100,000 captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter.
Strategies for Investing Under the New Administration: Insights and Opportunities
With Donald Trump’s re-election as President of the United States, debates have reignited about the potential impact on markets, trade, and the global economy. The new administration has promised deregulation, tax cuts and a focus on energy independence.
S&P 500’s 2024 Rally Shocked Forecasters Expecting It to Fizzle
By this time last year, the stock market’s rally had blown past even the most optimistic targets and Wall Street forecasters were convinced it couldn’t keep up the dizzying pace.
Technology Will Make the Pace of Change Even Faster
Advances in AI, including artificial general intelligence, are very likely to continue — but it’s unclear how much of a difference they’ll make.
Permabull? Hardly.
I never thought someone would label me a “Permabull.” This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and artificially suppressed interest rates.
Tokenization Has Become Wall Street’s Latest Favorite Crypto Buzzword
Tokenization, or the process of creating digital representations of real-world assets on a blockchain, has become one of this year’s buzzwords in both conventional and crypto finance circles.
Boeing Headlines Industrial Prospects and Pitfalls in 2025
The new year will start with plenty of intrigue, especially in manufacturing, aerospace and logistics, the area where I hunt for interesting storylines about how companies navigate opportunities and pitfalls.
Books We Read in 2024 to Prepare Us for the Future
Recommend reading that provides a bed of knowledge for the key themes we think will define 2025. Ours differs from other lists you might see elsewhere at this time of year in that we focus on relevance rather than recency, though there are new books here, too.
Taking Stock: Q1 2025 Equity Market Outlook
The S&P 500 Index posted its best month of the year in November, with a clear election result and a “no-surprise” Fed rate cut providing support.
Volatility and Opportunity
We expect the playbook for emerging markets to be one of volatility at the start of the year, transitioning to growth and opportunity as U.S. trade policies and China stimulus plans become clearer.
The Limitations of SOC2 Audits in Preventing Cybersecurity Breaches: A Critical Analysis
This analysis explores why SOC2 certification, despite its widespread adoption and respected status, may provide a false sense of security and prove inadequate in protecting organizations against modern cyber threats.
Good Debt? Bad Debt? There’s No Such Thing
People often make a distinction between “good debt” and “bad debt,” in terms of both personal finances and public spending.
Hedge Funds Cut Nuclear Technology Exposure After ‘Hard’ Rally
Some hedge fund managers are sounding the alarm on overvalued nuclear power stocks and scaling back exposure after a stunning rally this year.
BlackRock Says Bitcoin Deserves a Spot in Your Portfolio
If you happen to be a Bitcoin skeptic, you’re not alone. A recent Pew Research survey found that 63% of Americans are not confident in the reliability or safety of cryptocurrencies in general.
Artificial Intelligence Doesn’t Appear Ready to Take Over the World Yet
As we near the end of 2024, researchers, businesses, and investors have begun to question the overheated artificial intelligence sentiment.
J.P. Morgan’s Jon Maier Talks ETF Flows, Active Management, & More
J.P. Morgan’s Jon Maier highlights the firm’s suite of ETFs and discusses the industry’s accelerating momentum behind active management. VettaFi’s Roxanna Islam offers insights into the recent Nasdaq-100 index rebalance and its connection to broader ETF trends.
Global Conditions Portend a Catch-Down in America
Has the U.S. economy diverged from the global economy, or are a lot of economic canaries in coalmines keeling over and warning the U.S. is soon to catch down?
iShares Nasdaq Top 30 Stocks ETF (QTOP)
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research Todd Rosenbluth discussed the iShares Nasdaq Top 30 Stocks ETF (QTOP) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
Does High CAPE Predict Low Market Returns?
CAPE, or the cyclically adjusted price-to-earnings ratio, introduced in 1988 by economists John Campbell and Robert Shiller, is arguably the best-known indicator of broad market valuation. And CAPE is now at an almost (though not quite) all-time high level, according to data from Robert Shiller's website.
MicroStrategy’s Long-Shot S&P 500 Bid Stokes Wall Street Agita
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc. enters the S&P 500 next year, forcing the likes of index-tracking funds to buy his controversial company en masse. Whether they like it or not.
Europe’s Hottest Stock Has an American Architect
Forced to seek a government rescue barely a year ago, Siemens Energy AG was an unlikely candidate for Europe’s best performing stock of 2024.