Newsletter
Platinum is doing something it has not done in years: it’s leading. After a long stretch of underperformance relative to gold and silver, platinum has surged this year amid tightening supply conditions, shifting industrial demand, and changing macro dynamics. For investors and advisors, the key question is not just
Newsletter
We’re going live in one hour for a timely conversation on how the AI investment landscape is changing — and why portfolios that still define AI narrowly may be taking more concentration risk than intended. Artificial intelligence has driven market leadership, but that leadership has become historically concentrated. At the
Newsletter
Artificial intelligence has been the dominant force behind equity market leadership, but that leadership has come at a cost: concentration. A small group of mega-cap stocks now accounts for an unusually large share of index weight, while the real economic footprint of AI continues to expand well beyond that
Newsletter
Why Risk, Valuation, and Market Concentration Matter More Than Ever
Newsletter
Platinum is quietly doing something it has not done in years: it’s leading, not lagging. While most investors still frame precious metals through gold and silver, platinum has surged this year amid tightening supply, shifting industrial demand, and changing macro dynamics. What makes the move notable is not just
Newsletter
Sponsored By Infrastructure Capital
Newsletter
Have credit markets truly settled down, or are they simply catching their breath? Through much of 2025, corporate credit appeared remarkably calm. High-yield bond funds rallied, defaults stayed low, and investors grew comfortable with the idea that the worst of the tightening cycle had passed. Beneath that surface, however,
Lead-Lag Live
Kaitlyn Walsh on Stock Options, Tax Traps, and Costly Employee Mistakes
Newsletter
Sponsored By Infrastructure Capital
Macro Observations
Few understand this.
Lead-Lag Live
In this episode of Lead-Lag Live, portfolio manager Hervé Van Caloen of Mercator Investment Management joined the discussion to unpack what he sees as a powerful global rotation underway—one that stretches well beyond U.S. equities and into Japan, Europe, Latin America, and strategically critical industries like semiconductors,
Closing Thoughts for the Week
Will Japan’s quiet shift catch complacent markets off guard?