Insights Investments

The phrase “chaos is in the air” is often casually stated. However, it is extremely applicable to describe the situation that the airline industry is currently enduring. With the upcoming Memorial Day weekend frenzy of vacationing and travel, consumers will experience their own version of chaos, but beneath the surface, airlines are facing their own …

In our 2026 Outlook, we wrote about being in an inflationary growth environment and riding the wave of AI-related investment. Here we are six months later, and things have played out almost exactly as that. Of course, we didn’t predict the Middle East crisis and the energy price shock that followed, but inflation was a …

Yields have been on the rise for the last few months. On February 27, the day before US hostilities with Iran began, the 10-year Treasury yield was 3.96%, just 0.01% above its low dating back to early October 2024. Since then, the 10-year yield has climbed nearly 0.50%, closing at 4.47% on May 13, the …

The inflation data doesn’t look good, no matter how you slice it. The headline Consumer Price Index (CPI) rose 0.64% in July (equivalent to 8% annualized rate), with the three-month annualized pace running at 7.3%. CPI is now up 3.8% over the past year, the highest reading since May 2023. The big driver here is …

In Episode 187 of Facts vs Feelings, Ryan Detrick, Chief Market Strategist at Carson Group, and Sonu Varghese, Chief Macro Strategist at Carson Group, ask the question on every investor’s mind: Does today’s market feel like 1999? The episode opens with genuine nostalgia. Ryan recalls tripling his play money on Sycamore and Juniper Networks before …

“Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria”. Sir John Templeton We might sound like a broken record, but stocks had another great week last week and made more new highs. The S&P 500 traded above 7,300 for the first time ever and now has 16 all-time …

Thanks for reading this week’s Charts of the Week This week’s charts focus on the labor market numbers, the consumer saving rate, and the supportive backdrop for equities. We’ll keep publishing Charts of the Week every Monday. To view this week’s Charts of the Week, click here: Charts of the Week: May 4-8

The surge in semiconductor stocks continued last week. The industry is on pace for its best year since 2009 in just the first 4+ months of 2026! Recent earnings results and commentary from leading executives in the industry signal that the growth of artificial intelligence is no longer just boosting demand for GPUs, but is …

Take the labor market off your checklist for potential downside risks. We’ve been in the camp for a few months now that the labor market is healthier than noisy headline payrolls suggest. The April payroll data bears that out, pointing to a labor market that is no longer the downside risk it was. For the …

I believe one of the most powerful and overlooked tools in portfolio construction is the use of factor investing. Factors are characteristics of stocks that help to describe their risk and return, offering another way to classify stocks, similar to sectors and industries. Factors can also replicate some of the things an active manager can …

We’ve gotten a flurry of economic data over the past week, covering the labor market (JOLTS, the Employment Cost Index, ISM employment sub-indexes), personal income, and the broader pulse of the economy via the ISM Manufacturing and Services surveys. Layered on top of that, the big tech hyperscalers all reported earnings. While a lot, the …