Feb 2, 2026
Market cycles are once again at the center of the investment narrative as we head into 2026. The optimism is familiar as earnings held up in 2025, the economy avoided recession, and big tech lifted the indexes.
Jan 28, 2026
The year ahead presents both a bullish and bearish case for investors. Will 2026 be another year of above-average returns, or will it be a year of disappointment
Jan 16, 2026
The Wall Street consensus forecast for 2026 earnings growth is strong by historical standards. Analysts are giddy and projecting another year of double-digit growth in S&P 500 earnings per share (EPS).
Dec 29, 2025
There is a rising market risk in 2026 that is largely overlooked as we wrap up this year. As discussed in the "Fed's Soft Landing Narrative,"optimism about 2026 is running high.
Dec 22, 2025
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...
Dec 18, 2025
A recent article by Simon White, via Bloomberg, discussed the rising cost of margin debt for investors. While his analysis below compares the cost of debt to GDP, we will also consider a more critical comparison to disposable personal income (DPI).
Dec 16, 2025
As someone who views corporate finance through a pragmatic lens, I've been closely watching the current surge in capital expenditures (capex) tied to artificial intelligence (AI).
Dec 2, 2025
One of my favorite writers for the WSJ is Spencer Jakab, who recently penned an article explaining why a bear market is not necessarily a bad thing. He starts with a quote from "The Godfather."