The Knight Cap

The Ride to 7,000

A year defined by resilience, momentum, and conviction

Tight Spreads Don't Last Forever

Credit risk looks calm, but under the surface, cracks are starting to form.

Not Every Rally's a Bubble

This isn't 1999. It's 1995.

Are Evergreens the Next Big Crisis

The rush to “democratize” private markets may be building the next liquidity trap

The Shrinking Supply of Stocks

The Econ 101 Force Behind Higher Valuations

The Return of Small Caps

How policy shifts and historic discounts set the stage for small cap outperformance

The Fed's Cutting Cycle Begins

The U.S. Exceptionalism Trade

Why America is The Place to Invest

September Seasonality

How the market is positioned going into the fall!

The Shadow Fed Chair

Powell’s Final Jackson Hole and Waller’s Rising Influence

The Fed’s Green Light

Why The Fed Should Begin Its Rate Cutting Cycle

Higher ‘Valuations’ For Longer

Why today’s market leaders justify richer multiples