Markets and Investing
Equities, fixed income, and the patterns that actually move money.
Berkshire Hathaway Annual Meeting Today Is the First Without Buffett at the Helm in Sixty Years
Greg Abel runs his first solo Berkshire annual meeting Saturday at the CHI Health Center in Omaha, with $325 billion in cash on the books...
International Stocks Are the Most Hated Trade Right Now
US investors hold near-record domestic concentration. The valuation case for international equities in 2026 is the strongest it has been in...
Small Cap Value Started Outperforming in April for the First Time in Three Years
The Russell 2000 Value beat the S&P 500 by 280 basis points in April. Cyclical rotation usually starts late in expansions. After three...
Energy Sector Rotation Got Sharper This Week as Iran Talks Pulled Crude Down
Brent dropped from $114 to $108 on the Iran framework news, integrated majors gave back gains, and refiners outperformed. Here is what...
Q1 Earnings Closed With 78 Percent Beating and Now the Calendar Hands Off to PLTR AMD and ARM
With 313 of the S&P 500 reported through Friday, blended earnings growth came in at 9.4 percent and 78 percent of companies beat. The week...
Treasury Yields Settle at 4.39 on 10-Year as Curve Steepens Into May Jobs Print
The 10-year closed Friday at 4.39 percent and the 2s10s curve steepened to plus 51 basis points ahead of the May 8 jobs report, with the...
Utilities Sector AI Power Demand Thesis Heads Into Q2 2026 Earnings
Utility stocks are running their best quarter since 2014 on AI data center power demand, with NextEra, Vistra, and Constellation pulling...
REITs Have Lagged the Broader Market for Three Years and the 2026 Setup Has Started to Look Different
Real estate investment trusts have underperformed the S&P 500 every year since 2022. The combination of stable rates, easing financing...
Gold Just Hit $5,600 While Bitcoin Dropped 5 Percent and That Tells You Everything About Where We Are Right Now
Gold surged 65 percent in 2026 while Bitcoin fell, revealing what actually works as a safe haven when real geopolitical risk hits the table.
Caterpillar's Q1 Print Will Set the Tone for Industrials and the Tariff Narrative
When Caterpillar reports Wednesday morning before the bell, the part of the release everyone will skip to is the dealer order book and the...
The Semiconductor Rally Is Cooling and Investors Are Repositioning
After TSMC's strong Q1 earnings, chip stocks have paused rather than extended, and fund flow data shows the first signs of rotation out of...
The Fed Just Ended Quantitative Tightening and the Bond Market Is Trying to Figure Out What Happens Next
After more than three years of balance sheet runoff, the Federal Reserve officially ended QT this week. The Treasury curve is pricing in...
Industrials Are Quietly Leading the S&P 500 in 2026
While most retail attention stays on tech and AI, the industrial sector has put up the strongest sector return year to date. Caterpillar...
I Started Investing Late. Here's What I Wish I Knew.
You don't need to understand Wall Street. You need to understand a few basics and start before you think you're ready.
Small Cap Stocks Are Trading at the Largest Discount to Large Caps Since 2001 and the Setup Looks Like a Generational Entry
The Russell 2000 is trading at a forward P/E of 12.8 while the S and P 500 trades at 22.4, a spread of 9.6 multiple points that matches the...
Energy Sector Earnings Land This Week and the Numbers Will Tell You What Hormuz Did to Big Oil
Exxon, Chevron, and ConocoPhillips report Friday May 1. The S&P 500 energy sector is currently expected to post a 0.1 percent earnings...
The Case for Boring: Why Index Fund Investing Keeps Beating Everyone Who Tries to Outperform It
ETFs collected over one trillion dollars in new money for the second straight year and assets hit thirteen trillion. The data on passive...
Defense Stocks Just Cleared a Mixed Q1 Earnings Cluster and the Order Book Tells a Better Story Than the Stock Charts
The four big defense primes just reported Q1 2026 earnings and the results were mixed across the print. The combined backlog tells a...
Defense Sector Q1 Earnings Land This Week With Record Backlogs
Lockheed Martin, RTX, Northrop Grumman, and General Dynamics all report by Friday. The headline numbers will be order backlog, free cash...
Dividend Stocks Are Back and Yield Investors Are Quietly Rotating Into Income in 2026
After a decade of growth dominance, dividend payers are leading the S&P 500 year to date. The shift is being driven by interest rates,...
The Buffett Indicator Just Hit an All-Time Record. Here Is What History Says Happens Next.
The ratio of total US stock market value to GDP has reached 232 percent, the highest reading ever recorded. The three previous times this...
Berkshire Hathaway's Annual Meeting Saturday Is the First Without Buffett at the Microphone, and the Question for 2026 Is Whether Greg Abel Sounds Like Himself
Berkshire's annual meeting in Omaha lands Saturday with $348 billion in cash, a CEO who took the seat in January, and a shareholder base...
Berkshire's First Post Buffett Annual Meeting Hits Omaha Next Saturday
Greg Abel takes the stage May 2 in his first annual meeting as CEO. The questions Berkshire shareholders are bringing are not the ones...
Q1 Earnings Season Is Off to a Strong Start, But the Real Story Starts Next Week
Intel surged 15% after hours, IBM dropped 8%, and 81% of S&P 500 companies that have reported so far beat estimates. But the earnings that...
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