Why Aggressive Rate Cuts Are Over — & What It Means for Long-End Yields

Published on December 31, 2025

The Federal Reserve delivered a widely anticipated rate cut in December, signaling caution about growth risks while maintaining a “wait and see” stance.

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Quiet Post-Christmas Trading Leaves Stocks Flat as Markets Eye Santa Rally

December 31, 2025
U.S. equities were little changed on Friday in a quiet, low volume session following the Christmas holiday, with a lack of major catalysts keeping trading subdued. All three major indexes finished modestly lower on the day, snapping a short rally, but still closed the week with solid gains.

Books We Read in 2025 That Prepared Us for Tech’s Future

December 31, 2025
Trillions of dollars hang in the balance of two questions that dominated this year and loom perilously large over the next. “Will the artificial intelligence bubble burst?” and “Will China beat the US?”