New Fed Chair Kevin Warsh appears ready to give markets fewer signals. That may give the Fed more flexibility, but it also gives every data point more power to move markets.

One of the most important pillars that we discuss both at our workshops and our coaching sessions is how to increase the probability of your success by having the right mental mindset.

Elevated coupon income should continue to support senior loan returns in the second half of 2026, but tighter valuations and rising sector dispersion reinforce the importance of active credit selection.

Highlights from the week of July 10 – July 16, 2026.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Last week, America enjoyed its largest monthly decline in inflation since April 2020. That lasted roughly three days, until renewed fighting around the Strait of Hormuz pushed oil back above $80. Bagged lettuce gets a better run than that. Oh, wait…

Last earnings season knocked it out of the park, and Wall Street's response is to crowd the plate and dare the quarter to throw harder.

The Trump administration is taking stakes in chip, defense, quantum, and rare earth companies that align with policy priorities. These “National Champion” stocks could see long-term competitive advantages that aren’t immediately apparent.

Last week, markets divided between mega caps, AI-linked tech, and energy driving the winning side, while small and mid caps sank lower. All eyes are now on housing, inflation, and retail sales data due out this week, along with Fed Chair Warsh’s congressional testimony.

Lower income households are getting a raise, increasing capex estimates signal confidence, and small businesses are catching up in their use of AI.