"Some believe market valuations are highly predictive of forward returns. We’re skeptical"
"Household balance sheets are in the best shape we’ve seen for decades"
"The bond market has never been so quiet"
"In just seven months, annualized revenue at 'AI native' companies selling AI models or apps has doubled, from $15 billion to more than $30 billion"
"The start of 2026 has seen the ‘risk-on’ mood gain further traction among institutional investors"
"Risk Appetite has continued to climb, rising to the highest level since the summer of 2021"