March Madness is a welcomed time of year in the basketball world, but madness in the stock market isn’t as joyful to watch. While both may be accompanied by nail biting and stomach-churning ups and downs, investors want more wins than losses in their portfolios at the end of the tournament. In our view, a … Continued
Many clients have been asking us what our expectations are for artificial intelligence (AI) and how it will ultimately shape the economy, capital markets, and the overall job landscape. While it’s still early to draw firm conclusions, the signs increasingly point to the beginning of a meaningful societal shift—one that appears to be unfolding at … Continued
With many recent news headlines dishing out growing trepidation about a possible stock market bubble, it’s hard to believe that just six months ago, investors were instead fearful that Washington’s policy missteps might push the economy into recession. This dramatic shift in sentiment highlights both the resilience of the U.S. economy and the extraordinary power … Continued
Non-profit endowments and foundations face a pivotal moment in 2025, with some traditional revenue streams, including donations, in flux due to reductions in government spending and rising operational costs. These institutions—collectively managing trillions in assets—must generate sustainable returns to fulfill their missions which often includes a 5% annual draw against the corpus of their investment … Continued
Every decade of investing brings its own distinct challenges and opportunities. Nonetheless, the saying “history never repeats itself, but it always rhymes” is often a popular lens through which to view and explain markets overall, but recent history calls into question the reliability of that notion. The last four decades have been shaped by vastly … Continued
As the saying goes, “Doubt has a loud voice in the moment, but history often tells a quieter, steadier story.” This sentiment rings especially true in today’s Treasury market. April and May brought renewed anxiety over trade tensions and the mounting U.S. debt burden, triggering volatility—particularly in longer-dated Treasuries. But stepping back, the noise starts … Continued
Brenda Vingiello, Sand Hill’s Chief Investment Officer, joined Closing Bell Overtime to discuss her thoughts on the latest market trends. This content was produced and provided by an unaffiliated third party entity. We are providing this video as a convenience only and such provision does not imply that Sand Hill or any of our employees, … Continued
In early April, the Trump Administration unveiled its “Liberation Day” tariff plan, and it came as quite a shock, with the scope and severity of the proposed retaliatory tariffs far exceeding market expectations. What made the announcement even more surprising was the broad, sweeping approach—marking a sharp departure from the more targeted tariff strategy employed … Continued
Given the market backdrop, we are diving into the curious dance of public companies offering muted guidance during economic uncertainty—and how this often sets the stage for earnings surprises once conditions stabilize. I am a fan of Peter Sellers, the late actor who played in favorite films such as Dr. Strangelove and The Pink Panther. … Continued
March Madness is a welcomed time of year in the basketball world, but madness in the stock market isn’t as joyful to watch. While both may be accompanied by nail biting and stomach-churning ups and downs, investors want more wins than losses in their portfolios at the end of the tournament. In our view, a … Continued