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The Essential

The War-Driven Spike in Oil Prices May Lead to Only ‘Modest’ GDP Contractions, Says Michael Cembalest

Oil isn’t as big of a component of global GDP as it used to be, argues the J.P. Morgan strategist.

Light Street Hits Turbulence in February as Tech Stocks Slide

Tiger Cub Glen Kacher nonetheless remains in the black for the year.

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Can AI's Benefits Spread Beyond a Handful of Tech Giants?

The Value Iconoclast

Dave Iben has been chasing opportunities the market has written off, betting that unfashionable stocks such as gold and platinum miners would beat a tech-obsessed world — and the moment may be proving him right.

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The Physical World Upgrade: 2026 Outlook—When AI Spreads From Cloud to Edge

Jordi Visser

Allocators: Do the Benefits of AI Really Outweigh the Costs?

Angelo Calvello and Katherine McGinn

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How Ultra 10-Year Futures Became a Treasury Benchmark

This year marks a major milestone for one of the great success stories in futures market innovation: the Ultra 10-Year U.S. Treasury Note futures contract.

Asia’s Growing Economic Power Shapes Global Derivatives Market

Asia Pacific is playing an increasingly important role in the global economy.

Can AI's Benefits Spread Beyond a Handful of Tech Giants?

Can AI's potential for a productivity boom justify its stretched valuation?

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