Newsletter
Forecasting feels productive. It also tends to be unreliable. Markets move faster than narratives. Credit spreads adjust before headlines confirm stress. By the time there’s “clarity,” price has already moved. So here’s the real question: What is your predefined response when credit conditions deteriorate? In this CE-credit
Closing Thoughts for the Week
Where Does the Market Go When Every Tailwind Becomes a Headwind?
Macro Observations
There Is No Volcker Option When the Government Owes More Than the Economy Produces
Newsletter
Credit markets move in identifiable phases. Spreads tighten. Spreads stabilize. Spreads widen. Spreads compress again. Each phase creates a different risk environment. Static exposure assumes those distinctions are irrelevant. This webinar challenges that assumption. In this CE-credit approved session, we’ll discuss: * What defines a credit regime * How defensive
Newsletter
A Passion Project That Turns Your Kid Into a Real Superhero — In a Real Comic Book
High Yield Spotlight
HIGH YIELD SPOTLIGHT Every week, we'll profile a high yield investment fund that typically offers an annualized distribution of 6-10% or more. With the S&P 500 yielding less than 2%, many investors find it difficult to achieve the portfolio income necessary to meet their needs
Global View
Five Weekly Losses, a Broken Yen, and the Countdown to War or Peace
Newsletter
In less than two hours, I’m going live with Derek Yan, CFA from KraneShares for a session I think every advisor needs to see. I’m not being hyperbolic. Let me explain why. The top 10 stocks in the S&P 500 now make up 41% of the
Newsletter
WEBINAR — TOMORROW Register here Tomorrow at noon, I’m hosting Derek Yan, CFA, Senior Investment Strategist at KraneShares, for a one-hour deep dive into one of the most important questions facing advisors right now: how do you build a portfolio for the next phase of the AI investment cycle?
Leaders-Laggards
A 5-Day Pause, a 12% Gold Crash, and Yields That Won’t Come Down
Newsletter
Here’s something I keep hearing from advisors who are growing faster than their peers: the edge isn’t coming from better stock picks or fancier financial plans. It’s coming from how they build portfolios. Not the 60/40 debate. Not alternatives for the sake of alternatives. I’m
Newsletter
Here’s something I keep hearing from advisors who are growing faster than their peers: the edge isn’t coming from better stock picks or fancier financial plans. It’s coming from how they build portfolios. Not the 60/40 debate. Not alternatives for the sake of alternatives. I’m