The Latest from

• 

  June 16, 2025

  This rule change could spark a surge in U.S. lending

  

  In the wake of the 2008 financial crisis, Washington got serious about bank safety.

  Read More
• 

  June 9, 2025

  Bubbles can spark innovation and foster growth

  

  AI speculation is surging, and history shows that might be a good thing. From steam engines to the Internet, bubbles have often fueled real innovation. In today’s FA Alpha Daily, we explore how the AI boom fits the same pattern of progress driven by speculation.

  Read More
• 

  June 2, 2025

  The market’s future depends on corporate earnings

  

  "Liberation Day" got the volatility rolling. President Donald Trump's sweeping April 2 tariff announcements threatened to upend key global trade relationships.

  Read More
• 

  May 16, 2025

  ‘Productive’ assets are back on the menu

  

  The art market’s allure is fading as investors shift their focus to income-generating assets. With global art sales down 12% last year and interest rates remaining elevated, the case for speculative assets like art is weakening. In today’s FA Alpha Daily, we examine how rising yields and growing earnings are reshaping investment priorities and why productive capital is making a comeback.

  Read More
• 

  May 12, 2025

  The market is writing off small caps prematurely

  

  The Russell 2000 slid more than 15% since peaking in late 2024. Institutional sentiment has soured, and the corporate tone is deteriorating fast.

  Read More
• 

  May 5, 2025

  Calls for a recession appear premature

  

  Last week, the U.S. economy shrank for the first time in three years. In the first quarter of 2025, real GDP fell by 0.3%.

  Read More
• 

  April 25, 2025

  The government’s AI rollout is picking up speed

  

  Government spending is getting a radical makeover under Elon Musk’s leadership at the newly formed Department of Government Efficiency (DOGE). With sweeping cuts and an aggressive push toward AI automation, the groundwork is being laid for a massive technological shift. In today’s FA Alpha Daily, we dive into how this transformation could create huge opportunities for the next wave of AI enablers.

  Read More
• 

  April 21, 2025

  Be on the right side of the ”AI Divide”

  

  It's no secret that AI is transforming the economy. But it's not doing so evenly.

  Read More
• 

  April 14, 2025

  The reason trade deficit numbers are misleading

  

  The U.S. started this trade war and the U.S. will suffer the most from it.

  Read More
• 

  April 7, 2025

  The debt clock keeps ticking

  

  Ray Dalio sees a debt crisis looming, but the numbers tell a more measured story. While rising deficits and interest costs spark concern, strategic public investments may be laying the groundwork for future growth. In today’s FA Alpha Daily, we explore why the U.S. economy may be on stronger footing than the headlines suggest.

  Read More
• 

  March 24, 2025

  Don’t let this rally fool you about Chinese stocks

  

  The Hang Seng Tech Index, which tracks the 30 biggest Hong Kong-listed tech stocks, is up roughly 35% year-to-date.

  Read More
• 

  March 17, 2025

  Don’t worry about market concentration

  

  The U.S. stock market has held the title of the world’s biggest for nearly a century.

  Read More
• 

  March 10, 2025

  A looser economy emerges as private credit booms

  

  For decades, the biggest fortunes in finance were made by hedge fund titans, private equity giants, and corporate raiders.

  Read More
• 

  March 3, 2025

  Europe is finally becoming responsible for its own security

  

  Europe can no longer count on the U.S. for protection… That was the message from Vice President JD Vance at the Munich Security Conference earlier this week.

  Read More
• 

  February 24, 2025

  Tariffs are back, and the potential consequences could be severe

  

  The U.S. is once again using tariffs as a bargaining chip, reigniting trade tensions with key partners like Canada, Mexico, and China. With inflation still a concern, another wave of tariffs could squeeze businesses and consumers, putting pressure on economic growth. In today’s FA Alpha Daily, we explore the risks of escalating trade wars and […]

  Read More
• 

  February 10, 2025

  The $5.5 trillion confusion

  

  Trump’s push to extend the 2017 tax plan, which could reach $5.5 trillion in tax cuts, has reignited debate over their economic impact. Skeptics warn of ballooning deficits, while history suggests tax cuts can boost tax revenue over time if executed well. In today’s FA Alpha Daily, we explore how this policy shift could reshape […]

  Read More
• 

  February 3, 2025

  While credit may appear concerning, there’s more to the story

  

  The Senior Loan Officer Opinion Survey (SLOOS) measures how eager banks are to extend loans and how accessible credit is to both businesses and consumers. Recent SLOOS data indicates that banks have stopped tightening lending standards for the first time in 10 quarters. In today’s FA Alpha Daily, we will explore the “uninverted” yield curve […]

  Read More
• 

  January 27, 2025

  Investor confidence is making a comeback

  

  Earlier this month, the 10-year/three-month spread finally normalized for the first time since late 2022.

  Read More
• 

  January 13, 2025

  Venture capital’s magic has worn off

  

  Yesterday, we talked about the latest Consumer Electronics Show (CES).

  Read More
• 

  December 30, 2024

  The essential consumer metric to follow in 2025

  

  The U.S. economy ended 2024 on a high note, with double-digit stock market gains and improving credit conditions. However, the looming challenge of student loan repayments in 2025 could pose a significant test for consumer strength. As borrowers face potential defaults and creditors ramp up collections, the ripple effects on the broader market are uncertain. […]

  Read More