The Degree Divide: One Economy, Two Job Markets
Key Takeaways The labor market is telling two very different stories. Younger workers without college degrees are experiencing some of the strongest employment conditions of the past two decades, while college graduates in the same age group are facing a much tougher...
Beyond Big Tech: The Global Surge in AI Adoption
Key Takeaways AI adoption is spreading well beyond the technology sector, with companies across industries exploring how the technology can improve innovation, productivity and efficiency. While American companies have led much of AI’s development, adoption is...
Washington’s Interest Rate Standoff
Key Takeaways Washington is pulling in two different directions on interest rates. The Treasury is trying to ease pressure on long-term yields, while the Fed remains focused on bringing inflation back toward its 2% target. Neither the Treasury nor the Fed fully...
The Role of Bonds in Portfolio Construction
Key Takeaways Bonds can play several important roles in a portfolio, including generating income, providing diversification, preserving capital and helping reduce overall volatility. Higher starting yields have improved the outlook for fixed income, giving investors...
72 Floors Down: Escaping the South Tower on September 11, 2001, and the Twenty-Five Years Since
Content note: Some passages in this article are graphic. Twenty-five years can change a lot. But some moments remain as vivid as the day they happened. On September 11, 2001, Kara Murphy was 29 years old and just a year and a half into her first job on Wall Street....
The Push Pull: Iran Worries Fade, AI Excitement Returns
Key Takeaways The S&P 500 rose 10.2% year to date, supported by robust corporate earnings, the artificial intelligence boom and other signs of economic strength. Bond yields moved higher as inflation pressures mounted and investors priced in the possibility of a...
Iran, Oil, and the Long Road to Resolution
Key Takeaways The longer the U.S.-Iran conflict persists, the more upward pressure it places on oil prices, inflation, and interest rates, creating a headwind for consumers, economic growth, and financial markets. Higher energy costs are being felt unevenly across the...
Emerging Markets Are Back In The Game
Key Takeaways Emerging markets have been driven by improving earnings, supportive policy, and shifting capital flows. The case for continued leadership remains intact, but risks have increased as gains have become more concentrated. For long-term investors, the...
Beyond the Frame: Art as an Investment?
Key Takeaways Art is a sizable global market that has historically been dominated by wealthy collectors, but fractional ownership and online platforms are making it accessible to a wider group of investors. Art may offer diversification potential because prices can be...
Welcome to The Slate
Welcome to the very first edition of The Slate! Every other Wednesday, we’ll be dropping into your inbox with a collection of thoughts, insights, and hopefully a little something that makes you think - or even smile. You can expect a mix of market insights, financial...
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