Market Valuations

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December 21, 2025

Markets Pull Back as Investors Lock In Gains Ahead of Year-End

U.S. stocks edged lower in the latest session as investors took profits near record levels, tempering a rally that has been driven largely by expectations of easier monetary policy in 2026. The

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Markets

December 21, 2025

Global Stocks Tread Water as Investors Weigh Data Against Valuations

U.S. stocks were little changed in the latest session, as investors paused after recent gains to reassess economic data, stretched valuations, and the path of interest rates into the new year. The

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Opinion

May 20, 2026

AI Can Still Lift Markets, But It Cannot Carry Them Alone

Investors should treat the artificial-intelligence boom as a durable capital cycle, not a permanent exemption from valuation discipline. The stock market’s most important debate is no longer whether artificial intelligence will reshape

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AI Has Earned Its Rally, But Not Its Blank Check

The market’s first-half strength shows investors still trust the artificial-intelligence capital cycle, but the second half may reward discipline more than enthusiasm. The most dangerous point in a bull market is not

July 1, 2026

Opinion

Markets Pull Back as Investors Lock In Gains Ahead of Year-End

Global Stocks Tread Water as Investors Weigh Data Against Valuations

AI Can Still Lift Markets, But It Cannot Carry Them Alone

AI Has Earned Its Rally, But Not Its Blank Check

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