459 results found
Invest
It’s that time of year when Wall Street polishes up its crystal balls and begins predicting returns for 2026. Since Wall Street never predicts a down year, which would be unwise for fee-based product revenues, these forecasts are often inaccurate and sometimes significantly wrong.
Event
Jan 17, 2026 @ 7:00 am - 4:00 pm - RIA 2026 Economic Summit The Future of Digital Assets, Artificial Intelligence and Investing Saturday, January 17, 2026 - 7am-4pm Gain Insights from Industry Experts, including: Daniel KangChief Strategy OfficerDeFi Development Corp. Brian DunlapCIMA®, CBDA®BlackRock Sr. Digital Assets Strategist Lance RobertsRIA Chief Investment Officer Adam TaggartCEO Thoughtful Money Michael LebowitzRIA Portfolio Manager Ed Slott, CPAEd Slott [...]
Invest
Collapsing breadth. Stretched positioning. The worst seasonal window of the year. The worst year of the political cycle. And a war that won’t end. Market correction risk is stacking up. The S&P 500 hit a fresh record high last week. The median stock in the index is sitting 13% below its 52-week peak. That divergence is […]
Invest
I have been a “South Park” fan for as long as I can remember, and while the show isn’t a market guidebook, its brutal satire cuts through nonsense better than many Wall Street commentaries. Just like on the show, characters make absurd decisions and face absurd consequences, which is familiar to investors today. For example, […]
Invest
Every January, it happens like clockwork: you drive by gym parking lots that look like a Taylor Swift concert. Go to the store, and the salad aisles are ransacked like there’s a lettuce shortage, and half of your coworkers suddenly start quoting Warren Buffett while buying stock in companies they can’t spell. You got it, […]
Daily Market Commentary
Venezuela holds 20% of the world’s proven oil reserves. Not only are they the largest, but as shown in the Statista graphic below, they hold approximately seven times that of the United States. Despite its large reserves, Venezuela has fallen well short of its ability to supply the world. US sanctions and the significant deterioration […]
Daily Market Commentary
We received the following question from a client: “I was at a conference where they showed that roughly a third of the currently existing US Government debt is set to mature in the next few years. How can we pay it back?” A third of the approximately $30 trillion in US Treasury debt equates to […]
Invest
The sequence of return risk is the quiet reason two retirees with identical average returns can end up in very different places. Let’s start with an easy example. Two people retire on the same day with the same million dollars. They have the same portfolio and the same 30-year average return. They should both live […]
Daily Market Commentary
Anthropic’s leaked IPO prospectus, as reported by Reuters and the Financial Times, shows the company is growing faster than ever while committing to obligations that dwarf its earnings. To wit, annual revenue rose roughly 12x in 2025 to $4.6 billion, from about $400 million in 2024. Its first-quarter 2026 revenue was $4.73 billion, and its […]