Charts of the Week: March 2-6

By Blake Anderson, CFA®, Associate Portfolio Manager Investors received concrete proof points that LLMs and chatbots are beginning to act as business generators, not just efficiency imperatives. What began as an internal productivity story is steadily evolving into a top-line growth narrative. Instead of merely reducing costs, AI interfaces are increasingly shaping customer discovery, influencing …

The February payroll report was an ugly one, and a bit of a mess. The economy lost 92,000 jobs in February, whereas forecasters projected a gain of 55,000.  We saw significant revisions for the last two months as well: December payrolls were revised down by 65,000, from +48,000 to -17,000. January payrolls were revised down …

A resounding, and sometimes frustrating, feature of markets is that leadership change is inevitable over any period of time studied. The “A.I. Trade” has been prevalent for the past couple of years, absent some blips here and there (DeepSeek, Liberation Day, etc). In some ways, the A.I. trade has started turning upon itself – previous …