This week’s Wealth Notes: Nasdaq plans to expand trading hours to 23 hours a day, five days a week, the Trump admin launched the U.S. Tech Force, FAFSA will now flag colleges where graduates historically earn no more than high school graduates, and more. https://t.co/zpsHSTRrrp
Last week, U.S. bank regulation took a meaningful step toward a more flexible framework as the Office of the Comptroller of the Currency (OCC), and the FDIC formally withdrew the 2013 guidance on leveraged lending. https://t.co/iKW08Va2hh
Last week delivered a heavy slate of new information, including a Fed rate cut, key earnings reports from Broadcom and Oracle, and continued evidence of healthy market rotation. https://t.co/BxWNMj14QQ
We’ve talked a lot about the food chain from AI.
The growth of AI requires more data centers, a massive grid repair, and power, which we are undersupplied.
One other area that will benefit from this theme is robotics. https://t.co/ckdD2S0FO0
At the start of last week, broader sentiment was dominated by concerns around the risk-off move, including pressure from Bitcoin volatility and renewed focus on the Japanese carry trade. https://t.co/7UjUJWTmpG
This week’s Wealth Notes: U.S. gas prices fell below $3 a gallon for the first time since May 2021, Cryptocurrency prices plunged on Monday, New international student enrollment at U.S. colleges dropped 17% this fall, and more. https://t.co/spTiXXoM8h
The Black Friday and Cyber Monday period delivered a new record: 202.9 million consumers shopped over the five-day weekend, surpassing last year’s 197 million and breaking the previous record set in 2023. https://t.co/YJ8vWgzIzQ
It was an active holiday week with plenty of data, bringing several themes into focus. U.S. equities posted a powerful rebound last week, with the S&P 500 finishing up 3.73% as the index moves closer to its all-time highs. https://t.co/hemVCaoT04
This week’s Wealth Notes: Eli Lilly became the first health-care company to reach a $1 trillion market cap, Kohl’s announced that Michael Bender will become its permanent CEO, Medicare Part B premiums will jump nearly 10% in 2026, and more. https://t.co/I04rn0S8wE
As Thanksgiving approaches, the Investment Solutions team would like to pause from our usual market updates to express our gratitude and highlight the progress we’ve made together over the past year. https://t.co/PGPe0Yc8t5
This week’s Wealth Notes: Novo Nordisk announced it's cutting direct-to-consumer prices for Wegovy and Ozempic, Electricity prices are climbing sharply in states with dense data center clusters, Foreclosure activity continued its upward trend, and more. https://t.co/wzUiJginIt
The Trump Administration has introduced a broad set of tariff exemptions designed to strengthen the consumer by lowering costs on essential goods and expanding real purchasing power. https://t.co/4NLVEWZSsH
Despite expectations for seasonal choppiness, the volatility that typically shows up in September and October never materialized. https://t.co/4TdBWROd1B
This week’s Wealth Notes: Airlines reported more than 9,000 US flight cancellations, President Trump proposed a 50-year mortgage to ease homebuying costs, Tesla shareholders approved Musk’s record-setting pay package valued at nearly $1 trillion, and more. https://t.co/sdlQsm52Nc
IBM’s most recent investor event at its research headquarters highlighted the company’s determination to remain a central player in the emerging quantum computing landscape. https://t.co/MexNek19Fk
After a calm stretch through September and October, volatility has finally resurfaced in early November.
The S&P 500 is still up 15% year-to-date and 36% from the April 8th lows. https://t.co/a74VQOzCrd
This week’s Wealth Notes: Supreme Court justices expressed skepticism over the legality of President Trump’s tariffs, OpenAI signed a $38 billion cloud infrastructure deal with AWS, Kimberly-Clark announced a $48.7 billion acquisition of Kenvue, and more.
https://t.co/HgfR9lU9PW
This earnings season delivered one of the strongest quarters in recent memory.
The growth has been broad-based, with the S&P 500 seeing sales growth of over 8% and EPS growth above 11%. https://t.co/200aksj5QU
The economy continues to expand at an impressive pace, with the Atlanta Fed’s GDPNow tracker still sitting at 3.9%, nearly double trend growth, and global PMIs north of 50, signaling expansion across regions. https://t.co/Swb1JarG2d
This week’s Wealth Notes: Mortgage applications surged last week, Amazon announced that it is laying off approximately 14,000 corporate employees, President Trump announced a 10% tariff hike on Canadian imports, and more. https://t.co/mfFgX0kHOV