Rising Utility: Independent Power Producers in an Electricity Bull Market

The energy landscape, and particularly the market for electricity, is evolving rapidly. Electricity demand and energy infrastructure spending are expected to conti

Despite May's usual reputation for underwhelming performance, U.S. stocks experienced a robust monthly gain. The S&P 500 delivered a total return of 6.3%, marking its biggest gain during the month of May since 1990, and turning positive year

Managed futures funds have faced a difficult 2025, with the HFRX Macro: Systematic Diversified CTA Index down 8.0% through May 23. As one of our preferred liquid alternative implementation choices, a dive into what has been driving this year’s

It has seemingly been a one-way move higher in longer-term interest rates in May, with the 30-year U.S. Treasury yield above 5% again and higher by 0.36% this month alone. Additionally, the 10-year U.S. Treasury yield breached 4.5%, up 0.35% in May a

On May 3, 2025, at the Berkshire Hathaway (BRK) annual shareholders meeting, Chief Executive Officer (CEO) Warren Buffett announced he would be stepping down at the end of the year. Buffett will be succeeded by Greg Abel, the current Vice Chairman of

The equity market’s recovery over the past month has been extraordinary in terms of both speed and scale. A turnaround of such magnitude is highly unusual, and the sudden shift in investor sentiment is among the fastest I have observed in my 25

On May 12, President Donald Trump signed the “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients” executive order aimed at making prescription drugs more affordable for Americans. The premise driving the initiat

In a recent equity strategy publication (ask your LPL advisor for the latest Equity Strategy Insights publication if interested), we identified potential sector winners and losers under various tariff scenarios. During the high tariff, high trade unc

Highlights:

• The temporary trade deal with China paused reciprocal tariffs for 90 days. Details are still emerging.

• The U.S. effective tariff rate is down to 13.1% from 22.8%, according to Fitch Ratings.

• In a se

As most of the large cap homebuilders have reported quarterly earnings, we think it’s a good time to check in on the industry, and whether the sell-off fully reflects the near-term headwinds they are facing. The “Big 4” S&P 500