It wasn’t a great end to the summer of 2026 for U.S. policymakers, in our view, with actions by the U.S. Federal Reserve and Treasury highlighting institutional weaknesses instead of playing to their strengths.
Tariffs, retaliation and shifting supply chains—what the latest moves mean for growth, jobs and prices on both sides of the border.
Three forces shaping markets—and what they mean for your portfolio.
The equity market segment more directly tied to AI has undergone a notable valuation adjustment amid sharper scrutiny of AI capex durability, monetization timelines and disruption risks. Can the companies deliver on profitability expectations?
Identifying imperfections in U.S. fiscal policy is an easy task, but it’s less clear what the potential adjustment process will look like. We discuss the potential path ahead for the bloated federal deficit and debt, and what it could mean for investors.
Since the GENIUS Act created a U.S. regulatory framework for stablecoins, debate has centered on whether digital assets can pay interest. We believe that misses the bigger story: the potentially revolutionary nature of tokenization.