TIP

Bessent and Warsh’s recent moves have not shifted the bond market. The Fed’s signals and Treasury buybacks have driven a sharp bear in U.S. bonds.

It is impossible to escape the negativity toward bonds these days. And with good reason, I suppose, since the returns from the asset class have been lousy for some time.

The August jobs report erased labor market weakness concerns, shifting all FOMC focus to inflation and the upcoming CPI print. Read more on the jobs report here.

Multi-asset instruments need to be blended well enough so that each component of the blend is actually playing a relevant role. Otherwise, you get a blend that is blended for no good reason.

U.S. bond market regime shift: Fed drops forward guidance, term premiums rise, and 10-year yields near 5% threaten equities. Click for an updated market outlook.

The Global Market Index’s long‑run total return forecast rose in August. The outlook remains positive for the index.

Your pension check is frozen while groceries cost 25% more than they did five years ago, and Social Security's next adjustment barely makes a dent. Three ETFs can act as the raise mechanism your retirement income was never built with.

Rising oil prices and Treasury yields are testing the 60/40 portfolio. Certain ETFs may help investors manage higher rates, energy costs and inflation.