Is Productivity Picking Up?

Published on December 30, 2025

When it comes to interpreting the economy we put a premium on sobriety. One good piece of economic data doesn’t mean a boom, nor does one bad report mean a bust.

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The Golden Ascent

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We examine what’s driving gold’s ascent — from central bank reserves to portfolio hedging — and why it can play a strategic role for investors.

Municipal Bonds are Back

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Franklin Templeton Institute believes tax-free municipal bonds continue to be well positioned in the current market environment.