By the end of March, as the S&P 500 flirted with correction territory, markets appeared to carve out a bottom. What followed has been an aggressive V-shaped recovery, with losses fully retraced in just 11 trading days. Since that low, the S&P has rallied roughly 10%, now sitting just below all-time highs and the elusive 7,000 level. Can we maintain this?

For a time, simply being exposed to AI drove returns. That phase is over. AI investment has scaled to a level that is reshaping markets, business models, and outcomes—rewarding selectivity over blanket exposure as companies begin to diverge.

Over the last 35-plus years, convertibles have produced equity-like performance but with lower volatility. Today, accelerating new issuance and expanding market breadth adds to the appeal of this unique asset class.

Securitized credit is a popular, if complex, fixed income allocation. Here’s where to begin.

The securitized credit market has evolved, through economic cycles and crises, into a popular fixed income allocation. However, its breadth, relative youth, and perceived complexities can be challenging for new investors, causing them to miss out on the asset class’s opportunities. Here’s what you need to know.

Highlights from the week of April 3 – April 9, 2026.

Markets rallied as investors responded to shifting headlines around a U.S.–Iran cease-fire, easing near-term geopolitical risk.

The first phase of the AI trade rewarded broad calls: “Buy power!” “Sell software!” The next phase will require much more discrimination across business models, capital structures, and industries.

In ISM’s March survey, released this week, Services and Manufacturing remained in expansion territory for a third consecutive month.

Financial Literacy Month may be more effective when DC plans simplify participant decisions. What role can DC specialists play in helping sponsors see that?