With traditional private equity investment exits facing difficulty over the past few years — albeit improving somewhat recently — private equity sponsors have increasingly relied on the use of continuation funds. Once a niche tool, continuation funds have become...
Dr. Jeffrey Roach | Chief Economist Hypothetical Scenario Let’s develop a scenario to explain the importance of foreign exchange (FX) markets and specifically, the dominance of the U.S. dollar. Say, for example, Thailand, one of the world’s major rice exporters,...
Kristian Kerr | Head of Macro Strategy Every market cycle has its own character, but certain patterns appear frequently enough that they deserve attention. This is especially true when evaluating early-year rallies in small caps. Market history offers several notable...
Jeff Buchbinder | Chief Equity Strategist Last Updated: February 20, 2026 On February 20, the U.S. Supreme Court ruled that the Trump administration’s tariffs issued under the International Emergency Economic Powers Act (IEEPA) are illegal. The ruling invalidates a...
