The Post-Pandemic Travel Boom Is Finally Losing Steam

Published on August 3, 2026

The number of U.S. travelers flying internationally this June fell by 3.2% from the year prior.

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Why Are Small-Cap ETFs Outperforming?

August 3, 2026
Mega-cap tech stocks have helped large caps dominate small-cap ETF flows and performance for years. However, this year a shift is taking place. In 2026, small-cap index ETFs are outperforming their large-cap peers as the market has broadened out.

AI Bear Case: What Skeptics Get Right And Wrong

August 3, 2026
The AI bear case is worth taking seriously on price and financing. It is not worth taking seriously on demand. Anyone selling you the whole package as a single story, bull or bear, is selling you a mood, not an analysis.