Last week I laid out the main talking points I have been using on advisor calls: the AI buildout is getting more expensive, the new Fed Chair appears serious about inflation, inflation itself is showing signs of becoming more structural, and despite all of that, earnings growth and the economy
The latest edition to SEM's Investment Management team, George Moore (introduced below), asked me earlier last week if I needed him to find some charts or data for the blog article I was writing. I told him my process varies based on the markets, my week, and sometimes my
The first six months of 2026 rewarded investors who stayed disciplined through the volatility (or just flat out ignored all the frantic headlines). Despite concerns over inflation, interest rates, Middle East tensions, and whether AI-related spending could continue at its blistering pace, stocks pushed higher.
The market's attention remains fixed on AI, energy prices, and the Federal Reserve. Yet beneath all the headlines is a much more simple factor that has historically driven economic growth: people going to work. The June employment report released last week suggests the labor market is neither booming nor
If you just follow the headlines, it feels like we’re in the middle of the next great market boom – SpaceX grabbing attention, AI companies lining up for IPOs, companies gaining 20-40% in one day after a strong quarterly earnings report, and record high after record high for the
