Geothermal – A Hot Topic in Power Markets
By Andrew Wetzlel, CFA®, Managing Director of Sustainable Investing As the Iran conflict grabs attention, with related supply chain dislocations and spiking commodity prices, in the background, the structural growth in demand for power from electrification and AI datacenters continues apace. The conflict is a vivid reminder that the traditional energy system is rooted in […]
Iran, Energy, and the Price of Uncertainty
By Ellen Hazen, CFA®, Chief Market Strategist Today we examine the economic and financial impacts of the Iran conflict, delving into monetary policy challenges, asset class opportunities, market responses, and strategies for investors navigating global uncertainty. Markets responded decisively to the US involvement in Iran: energy prices surged, interest rates rose, and riskier assets like […]
Repricing Risk and Market Rotation in the Face of Uncertainty
By Ellen Hazen, CFA®, Chief Market Strategist Artificial intelligence (AI) announcements triggered significant declines across various software and services stocks as markets repriced future revenue durability Software valuations had already been under pressure since late 2025; AI-enabled insourcing threatens Software-as-a-Service (SaaS) pricing power and volume assumptions Private credit markets are feeling second-order effects, particularly in […]
January Takeaways and 2026 Thematic Views
By Ellen Hazen, CFA®, Chief Market Strategist Vladimir Lenin was rumored to have said, “There are decades where nothing happens; and there are weeks when decades happen.” Despite not having actually been written by Lenin at all, it nonetheless expresses a sentiment that resonates today. The political, economic, and market events of January were a […]
Sustainable Investing: 2025 Review and Outlook
By Andrew Wetzel, CFA, Principal, Managing Director of Sustainable Investments Looking back on 2025, many of the risks we highlighted a year ago have become reality. The policy shift in Washington was dramatic and fast-paced. The Trump administration rolled back environmental regulations, incentive programs supporting climate transition, and corporate sustainability programs. In addition, tariff negotiations were used […]
Charitable Giving – Make 2025 Count
The One Big Beautiful Bill Act (OBBBA) will significantly change how charitable giving affects your taxes.
Executive Compensation: Understanding RSUs
RSUs and how you as an employee should evaluate this benefit as a part of your overall financial plan.
Is AI in a Bubble?
The quantity of money being spent today on AI is very large, and is quickly rising
The Market’s Take on the Latest Government Shutdown
The markets are not overly concerned about the government shutdown
Energy Transition: The BESSt Solution
By Andrew Wetzel, CFA, Principal, Managing Director of Sustainable Investments The confluence of factors driving change in the power generation system is enough to make one’s head spin. Some factors such as shifting economics, decarbonization, and electrification have been in place for years, while others like the emergence of Artificial Intelligence (AI) have become impactful […]