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Shrinking public markets mean growth in private markets

Take-private volume has outpaced IPO volume by 3.5x since 2022. This represents an accelerating shift in opportunity toward private markets.

Sizing up the SMIDs: Supports build in choppy equity market

While today’s challenging environment has taken its toll on stocks, economic trends could lend support for beaten down SMID stocks.

Slowing recovery presents challenges, highlights opportunities

Markets have traded sideways for much of the past 6 weeks after racing back in late March. Our chart looks at what slowing momentum may mean for investors.

Sluggish productivity growth has helped keep interest rates in check

Productivity growth and interest rates remain below their long-term averages

Small caps show signs of economic stress?

This week’s chart looks at the rising percentage of small cap companies reporting negative earnings as public index returns mostly remain in neutral.

Small talk: The case for SMIDs

We dig into the historical outperformance of small and mid-cap stocks and the attributes that make them uniquely well-positioned for today’s investing challenges.

SOFR and the path forward

A deeper look at SOFR, which will likely be LIBOR’s replacement in the United States.
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