WEALTH INSIGHTS

1. Market Leadership Is Broadening The 10-year Treasury yield fell nearly 41 basis points last week, declining from 5.36% to 4.95%, and currently sits around 4.98%. The pullback in yields has helped support a broader market, with leadership rotating beyond technology and communication services. Month-to-date, Technology is down 6.5% and Communication Services has fallen 4.8%, […]

AI Concerns Return Concerns around the AI trade increased following weakness among “neocloud” companies, which build data centers and rent access to AI chips and computing capacity. Elice, a South Korean AI computing provider, fell 32% in its public-market debut despite already operating data centers, holding government contracts, and generating profits. The disappointing debut suggested […]

1. Yields Pull Back After a Sharp Move Higher The 10-year Treasury yield climbed to 5.3% before pulling back, following a significant move higher in recent months. Yields have risen roughly 117 basis points from their lows, including a 60-basis-point increase in September alone. Despite hotter-than-expected CPI and PPI readings, Treasury yields moved lower this […]

Banks Build on a Strong Second Quarter This week’s bank earnings provided another encouraging read on the U.S. economy. While results naturally moderated from an exceptionally strong second quarter, particularly in trading and investment banking, the underlying trends remained healthy. Revenue continued to grow, loan and deposit balances expanded, and several banks raised their profitability […]

1. The Consumer Continues to Show Strength It was a relatively quiet week for economic data and corporate earnings, leaving higher Treasury yields and oil prices in focus. Despite these pressures, the economy continues to hold up, supported by resilient consumer spending and ongoing AI-related investment. The 10-year Treasury yield has moved to approximately 5.3%, […]

AI Buildout Continues to Accelerate Recent developments across chips, memory, and power reinforce the continued strength of the AI and data center buildout. AMD is increasing supply, Marvell is raising its revenue forecasts, and Micron’s customers are already looking to secure output for 2028. Together, these updates suggest that demand continues to grow faster than […]

If managing your personal finances feels like a daunting task, you are not alone. Only about 47% of Americans have some kind of written financial plan, and in 2025 alone, financial illiteracy cost Americans an estimated $246 billion. You may be asking yourself: “Where should I even start?” Here are some practical tips and strategies […]

1. Growth Remains Strong, Inflation Continues to Improve The economic backdrop remains constructive as we enter the final quarter of the year. The Atlanta Fed is tracking at 3.7% GDP growth, while recent inflation data continues to show progress. Core PCE came in at 3.1% year-over-year, but the three-month annualized rate is running closer to […]

When starting a new job, one of the first financial decisions you may encounter as part of the onboarding process is enrolling in your employer’s 401(k) plan. Depending on the plan, you may be automatically enrolled at a predetermined contribution rate unless you opt out, or you may need to actively enroll. Once enrolled, you […]