Insights

A Chaotic Year, a Strong Finish The U.S. stock market wrapped up 2025 on a surprisingly strong note, with the S&P 500 up over 16% for the year and flirting with new highs. It’s a strange way to wrap up a year that brought tariff jolts, an AI investment boom, a spring pullback, and constant warnings about a slowdown. But markets are near records again, the economy is still steady, and investors are trying to figure out what matters most for 2026. That paradox of slower job gro

AI Delivers, Investors Reassess November revealed investor nerves, as the S&P 500 and Nasdaq both slipped and the Dow eked out a tiny gain for the month from a good last day. The big tech and AI names that have carried most of the year did the heavy lifting again, but this time with more mood swings. Several leaders dipped early in the month not because anything was wrong, but because investors suddenly seemed to realize that expectations were possibly unrealistic. Meanwhile

Still Rising, Still Risky U.S. stocks climbed again in October, powered by tech’s relentless momentum and a wave of new AI announcements. The Nasdaq rose 4.7%, notching its seventh straight monthly gain—the longest streak since 2018—while the S&P 500 and Dow set fresh records. Nvidia’s market value topped $5 trillion, and Apple and Microsoft both crossed $4 trillion. AI remains the story investors can’t look away from. Tech continues to dominate. From chips to cloud computing

September 2025 For Investment Professional Use Only Monthly review of the global markets and our investment strategies. This material is distributed or presented for informational or educational purposes only and should not be considered a recommendation of any particular security, strategy or investment product, or as investing advice of any kind. This material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment

Markets Near Records, But Growth Slowing U.S. stocks closed September near record highs, with the S&P 500, Nasdaq, and Dow all finishing...

Markets Stay Strong Despite Bubble Concerns The summer saw another strong stretch for U.S. stocks. Despite high valuations, rising...

Stocks Surge on Trade Deals and Growing Optimism The S&P 500 continued to defy gravity in July, notching six record closes in the last...

Market Sets New Highs as Tariff Fears Ease U.S. stocks closed the second quarter on a strong note. The S&P 500 and Nasdaq Composite set...

Markets Rebound as Trade Tensions Ease Investor sentiment took a decisive turn for the better in May, as easing trade tensions and...

Market Turbulence: Not Much Change U.S. financial markets experienced tremendous volatility in April 2025, driven by President Trump's...