Section
Strategy
3052 posts
When Rules Break Down
Henry Neville of Man Group asks a question that every serious investor should sit with: what happens when…
JPM’s Michael Cembalest on AI Concentration, Debt Foreboding, and the Market's Uneven Foundations
In his October 8, 2026 Eye on the Market1, JP Morgan Asset Management's Michael Cembalest returns from California…
The Conviction Gap: What Most Advisor Portfolios Are Missing at the Core
Most advisor portfolios mistake active weight for manager conviction. Franklin Templeton's five-factor core equity suite fixes that, starting with a proprietary conviction signal that extracts what managers actually believe.
The Can Runs Out of Road
Long bond yields have climbed to multi-decade highs, and the question facing governments, pension systems, and investors is…
Crack Spreads: A Signal Beneath Oil Prices
by Kristian Kerr, Head of Macro and Investment Strategy, LPL Research Additional content provided by Brian Booe, Analyst,…
AI is taking over the value style too
Equity allocations that include a value tilt may be more exposed to AI investment cycles, cloud spending, hyperscaler capital expenditures and mega-cap technology earnings than investors believe.
The Price of Capital Has Changed. Bond Markets Are Saying So.
The repricing now underway in global fixed income is not noise. It is a signal — one that…
The Intelligence Age Has a Financing Problem
Coatue Management opens its October 2026 Publics Update1 with a warning about the market itself, not with a…
The Moat Is the Manager: Michael Baron on AI, Elon Musk, and the Discipline of Growth
Michael Baron arrives at the conversation1 with Matt Zeigler of Excess Returns sounding less like a portfolio manager…
Understanding the 10-Year Treasury: A Multifactor Framework
by Cole Smead, CEO, Portfolio Manager, Smead Capital Management Dear fellow investors, Headlines are popping up left and…
The AI Boom Has More Than One Ending
In a September 2026 whitepaper1, Meketa Investment Group researchers Alison Adams and Frank Benham argue that the AI…
Growth Holds, But the Tails Are Fat
In their October 2026 Cyclical Outlook 1, PIMCO Managing Director and Economist Tiffany Wilding and Chief Investment Officer…
Stable but Not Strong: AllianceBernstein's Q4 2026 Global Macro Outlook
The global economy enters the fourth quarter of 2026 on a foundation that is resilient but uneven, energy-pressured…
Stealth Bear
by Craig Basinger, Chief Investment Strategist & Derek Benedet, Portfolio Manager, Purpose Investments The largest development concerning markets…
Bonds Still Belong: What the Data Actually Says
The narrative surrounding fixed income has turned sharply negative. With US borrowing costs reaching their highest levels in…
Tech Is the Everything Cycle: Andreessen Horowitz Maps the State of Markets
Andreessen Horowitz's Growth team has released its State of Markets, September 2026 1, an ambitious, 90-page examination of…