The Market in Pictures, June 26

Our team reviews a vast amount of research and market data each week to isolate the signals that matter most. This week’s selection steps back to examine a market broadening beneath the surface: compressing mega-cap multiples, the resurgent 493, the unbreakable link...

The One Policy Investors Skip

Common practice is to insure your house, your car, your life, your health, and even your dog. Then you reach what may be the largest financial asset many families own, the investment portfolio, and skip the insurance step entirely. To see why that might be a mistake,...

The Market in Pictures, June 19

Our team reviews a massive amount of institutional research throughout the week to isolate the signals that matter most. This week’s selection steps back to appreciate the unbridled engine of American innovation, the undeniable fundamental strength of corporate...

Warsh Lays Down the Law

The Federal Reserve left the Fed Funds rate unchanged in a 3.50%-3.75% range today, as expected. The dot-plot median forecast increased by 1/8 of a point this year and by ¼ point in both ‘27 and ’28. The longer-run median declined from 3.125% to 3.063%. Notably, there...

The Market in Pictures, June 12

Our team looks at a lot of research throughout the day. Here are a handful of (SpaceX-free) charts we think are good summations of investor activity, from single stock movement to tech investment and performance, US comparisons to foreign, and the balancing act...