The defining story of 2025 is not a single headline. It is a set of linked forces that changed how the financial industry thinks about risk and allocation: the dollar moved from backdrop to policy tool; hard assets shifted from optional to necessary; credit signaled first, and public prices challenged private valuations; and emerging markets became a clean way to express the macro - NOV 2025

As AI threatens to turn equity traders into museum exhibits, their smooth-talking cousins, the sales traders, seem to dance around the digital bonfire. So, while AI crunches market data for breakfast, the real question is: Can it master the art of the handshake or out-charm a sales trader at happy hour? 2023

As the market tries to decipher what a Trump presidency will look like, one aspect that doesn’t seem to get enough attention is that whatever he does, he cares deeply about the stock market’s performance - 2024