Wall Street Interns Are Safe From AI. Here’s Why

Published on May 30, 2025

Summer is here. And for a select cohort of college students, that means swapping lecture halls for trading floors and seminar rooms for Wall Street office suites.

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Developed Ex-U.S. Equities: A Valuation Opportunity Hiding in Plain Sight

May 30, 2025
Despite strong year-to-date performance, developed ex-U.S. large-cap equities continue to trade at far more attractive valuations than their U.S. counterparts.

Investors May Sell in May Until Japan’s JGB Problem Goes Away

May 30, 2025
Remember last July and August when the yen carry trade blew up? At the time, the central bank surprised the market by signaling a faster pace of rate hikes than expected. Investors sold foreign currency, bought back yen and sent markets into a tailspin.