Sorry to Burst Your Bubble, but This Isn’t 1999

Asset bubbles occur when speculation and emotion drive prices far beyond their fundamental value. With the S&P 500 delivering double-digit gains in 2023, 2024, and 2025, it’s easy to see why some assume we’re in one today.  While every bubble has its own backstory, they all follow a familiar pattern. Here are some of the […]

Can Software Stocks Put Up a Firewall Against AI’s Threat?

The investments you don’t own are often just as important as those you do. After years of strong performance, software stocks have had their largest non-recessionary drawdown in almost three decades. One exchange-traded fund (called the iShares Expanded Tech-Software Sector ETF), which is a basket of software stocks, is down nearly 25% so far this […]