Inside the ETF Industry’s Record-Breaking First Half of the Year

Published on July 2, 2026

U.S.-listed ETFs locked in a record-breaking first half of the year. Read the analysis on active ETFs, fixed income shifts, and equity flows.

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Should The Fed Look Forward?

July 2, 2026
Former Fed Chair Alan Greenspan’s passing has brought a stream of retrospectives on his approaches to managing the economy. He erred on the side of parsimony, favoring short public statements. Greenspan’s vague communication style offered little clarity over the future path of interest rates.

The Big Four Recession Indicators: Employment

July 2, 2026
There is a general belief that there are four big indicators that the NBER Business Cycle Dating Committee weighs heavily in their cycle identification process. This commentary focuses on one of these indicators: nonfarm employment. In June, total nonfarm payrolls increased by 57,000 while the unemployment rate ticked down to 4.2%.