January trading can be fascinating. Hefty early-year inflows traditionally support stocks. But January markets can also be buffeted by significant portfolio reallocations and strategy adjustments.

The coming year begins under the long shadow of geopolitical tensions and the unfolding of a new transformative technology, artificial intelligence—a technology that in 2025 proved both a backbone and a fault line for the U.S. economy.

​​​​​​​There was an explosion, a record spike – and it’s not even close - in lending by European banks to European shadow banks in October and November.

Tracking the Economic Impact of the Trump Trade War.