We chat with Eric Stetson of FourBlock on evaluating past experience, finding your calling and building your personal brand.

As we have for several years, the FS Foundation sponsored the 28th Annual Greater Philadelphia Martin Luther King Day of Service at Girard College; Global Citizen was also a sponsor.

After a down decade, international stocks are showing signs of life again. This week’s chart looks at international stocks’ recent outperformance.

Rising free cash flow margins have been the principal driver of stellar equity returns. In this report, we apply a quantitative lens to margin expansion and examine the ramifications of a trend reversal for markets.

Credit market performance diverged in December. High yield bonds started the month higher on optimism that inflation may be cooling before hawkish Fed rhetoric weighed on the asset class over the latter half of December.

Markets don’t seem to believe Fed policy makers. This week’s chart looks at why market-based Fed funds rate expectations could drive volatility.

A new strategy note from Chief Market Strategist Troy Gayeski