The Wealth Enterprise Briefing

The term "reflationary growth" describes an environment where economic growth is solid and inflation, while still above the Fed's target, is stable and well-supported by the underlying fundamentals. It is also, by the...

The first half of 2026 was historic by almost any measure. Markets absorbed a significant energy shock, navigated a stagflationary scare, and still delivered strong returns. The question now is what's underneath that...

Initial public offerings are back in the news. Between the recent SpaceX offering and several high-profile, venture-backed companies preparing to list, investors are paying close attention to the public markets again...

When global equity markets are up 10% YTD, the temptation is to read that as a broadly shared outcome, but it's not. Beneath the headline figure, individual markets are moving in sharply different directions, driven by...

Hedge funds carry a mixed reputation among investors. Concerns about fees, tax implications and limited liquidity are real considerations. But so is the value they can add in the right portfolio for the right investor...

For the past several weeks, global markets have been gripped by the uncertainty surrounding the conflict in the Middle East. But with a temporary ceasefire underway and negotiations begun, the picture is starting to...

For much of the past 15 years, emerging markets (EM) equities have been a difficult place to invest, marked by significant risk and limited returns relative to U.S. equities. But last year, EM outperformed U.S. equities...

When the conflict with Iran first escalated, markets reacted with fear and uncertainty. A month later, the nature of the shock has changed. What began as a volatility event is evolving into an inflation event, and the...

Private credit has faced a wave of negative headlines recently, touching on fraud concerns, software sector risk and questions about how these vehicles handle redemptions. For investors with existing allocations, it has...

Geopolitical events can move markets quickly, and the conflict with Iran is no exception. Within a single week, oil prices rose roughly 50%, the U.S. dollar posted its strongest move in over a year and investors began...

Commercial real estate has had a tough stretch. As interest rates rose quickly starting in 2022, transactions slowed, pricing became harder to pin down and many investors put new equity commitments on pause while the...

Entering 2026, the market is bracing for a shift. While the consensus expects inflation to cool, the fundamentals suggest a different path: inflationary growth. In the second half of the conversation on The Wealth...

Private market investors have been feeling the effects of slower exits and fewer distribution events, particularly in venture. That strain has made it harder for families to keep commitment pacing steady, even when...

As 2026 begins, families are weighing two forces at the same time. The economic data still looks constructive, while headlines and geopolitical uncertainty can make the market feel less steady day to day. In Part 1 of...

Questions about a possible market bubble have resurfaced this year, driven by rapid gains in AI-related companies and concerns about whether valuations can keep pace with expectations. Families are asking whether...