Historical Challenges Revisited

Many observers note that large cap active managers have often struggled to outperform their benchmark indexes. This was one of many insights we discussed in our recent blog “Why Not Both? Blending

Fourth quarter earnings season is nearly complete, and it has been a good one. S&P 500 companies grew profits more than 18% year over year, according to FactSet data, with mega cap technology and financial companies doing most of the heavy liftin

The latest weekly sentiment survey data from the American Association of Individual Investors (AAII) released today shows significantly bearish sentiment from investors, marking the fourth consecutive week of predominantly bearish sentiment. 

Chinese equities with artificial intelligence (AI) exposure have surged since AI start-up DeepSeek briefly rattled U.S. tech stocks with its low-cost, open-source model that rivaled the performance of its much larger U.S. rivals at a fraction of the

The U.S. Treasury market is entering a significant transition period in 2025, facing both structural adjustments and all-too-familiar policy discussions. As the Federal Reserve's (Fed) shift from a zero interest-rate policy (ZIRP) coincides with

The U.S. equity market hummed along in the final quarter of 2024, although not without headwinds at the macro level from shifting Federal Reserve (Fed) rate cut bets, dampened disinflation traction, and policy proposals from the now-sitting U.S. admi

As we move deeper into 2025, LPL Research's Strategic and Tactical Asset Allocation Committee (STAAC) has updated its Capital Market Assumptions (CMA) and Strategic Asset Allocation (SAA) to provide guidance on long-term asset allocation and stra

Stocks continued to climb the wall of worry last week and shrugged off tariff headlines, inflation volatility, and signs of a slowdown in retail spending. President Trump reinstated a full 25% tariff on all steel imports — effectively closing a

Equity markets are off to a solid start in 2025. Despite an array of headline risks, the S&P 500 has climbed over 3% on the year and even notched a record high last month. Within the index, returns have also become more dispersed, pointing to a g

Since the 2021 peak in deal multiples and a banner year for performance, the private equity industry has encountered several challenging years for fundraising and a slew of new issues to deal with. The 2022 rise in interest rates was the initial head