Extreme Earnings Forecasts Mask Stock Market Risk

Published on April 28, 2026

In elevated financial markets, risk is rarely eliminated. It is usually only relocated. During the run-up to the 2008 financial crisis, mortgage risk did not disappear. It was transformed, repackaged, and spread across the system in ways that made it appear safer than it was.

Continue reading on website
Other news

American Industrial Renaissance: Fact or Fiction?

April 28, 2026
The “American Industrial Renaissance” is an investment theme investors and allocators alike have probably been pitched several times, or at the very least heard about. Supply chains for manufactured goods have evolved to become more complex, while U.S. manufacturing employment as a share of total employment has steadily declined, leaving policy makers to grapple with the ramifications of a shrinki

US Department of Labor announces all-injury rate for mining industry reached historic low in 2025

April 28, 2026
WASHINGTON – The U.S. Department of Labor’s Mine Safety and Health Administration today announced that injury rates fell to an all-time low in 2025. Also known as the total recordable injury rate, the all-injury rate for mining as a whole was 1.74 per 200,000 hours worked in 2025, down from 1.82 last year. “These historic safety numbers demonstrate that the Trump Administration’s efforts to revita