The first investment lesson from 2024 is how difficult it is to do macroeconomic forecasting, and investors should have a healthy amount of skepticism around forecasts. The second lesson is that ...

2024 reinforced this is an economic transformation, not a business cycle. We lean against market moves driven by other interpretations and expect volatility. U.S. stocks surged more than 20% in 2024, ...

The market may be forward-looking, meaning that stock prices reflect what investors expect to happen in the future. Nevertheless, there is still value in looking back to learn a lesson or two that may ...

For many income investors, BDC or private credit segment fits nicely into their portfolios as it enhances yields and provides a source for uncorrelated returns. If we take a step back and think about ...