Bond giant Pimco is sounding the alarm on credit markets, warning that a sustained default cycle has officially taken hold after years of unusually low losses. The firm, which manages $2.27 trillion in assets, declared in its 2026 outlook that “the credit loss cycle is upon us,” signaling a significant shift in the credit landscape….

The United States federal government’s total fiscal burden has reached a staggering milestone, with the true national debt now hitting $1 million per American household. This figure goes well beyond the commonly cited gross federal debt, incorporating unfunded liabilities tied to major entitlement programs like Social Security and Medicare. Unfunded liabilities represent promises the federal…

Alicia H. Munnell, senior advisor at the Center for Retirement Research at Boston College, argues that Social Security benefits are far from the runaway entitlement that many fiscal hawks describe. Munnell, who also writes a column for MarketWatch, set out to assess whether current Social Security benefits are reasonable, concluding that a reality check supports…

SpaceX shares jumped 19.2% on their first day of trading, closing at $160.95 and leaving many retail investors wondering whether the real opportunity has already passed. The IPO was priced at $135 per share, but the offering was oversubscribed, meaning most ordinary investors had no chance to buy in at that initial price. The debut…

Since the market’s COVID-19 pandemic low in mid-March 2020, growth stocks had been the undisputed champions of Wall Street for nearly six years running. The S&P 500 Growth index rallied a little more than 200% from that pandemic-era low, leaving value investors watching from the sidelines with considerably thinner gains. The S&P 500 Value index…

FIFA is distributing a record $871 million to the 48 competing nations at the 2026 World Cup, nearly double the $440 million paid out at Qatar 2022. The dramatic increase in prize money reflects FIFA’s expanded tournament format and growing global commercial revenues tied to the sport. Prize money is paid directly to national associations…

Investors are closely watching negotiations between the United States and Iran as traders begin pricing in the possibility of a significant geopolitical breakthrough. Bank of America Securities has outlined two key scenarios for markets, with a peace deal and full reopening of the Strait of Hormuz representing the bank’s baseline outcome. Under that baseline scenario,…

Citi has upgraded Advanced Micro Devices to a Buy rating from Neutral, raising its price target to $575 from $460 per share. Analyst Atif Malik argued that AMD’s emergence as a legitimate second source in the GPU market is not yet reflected in the stock’s current valuation. Malik noted that most investors still view AMD…

Wall Street’s biggest banks are quietly positioning themselves for what could be the most lucrative stretch of IPO activity in the history of equity capital markets. JPMorgan (JPM) analysts argue that investors are broadly underestimating the financial upside that a wave of massive public offerings could deliver to major banks in the coming months. SpaceX…

Former Canadian Prime Minister Justin Trudeau has purchased a $3.1 million Montreal mansion, with sources claiming he hopes singer Katy Perry will move in part-time. Trudeau, 54, closed on the nearly century-old stone property in the upscale Outremont neighborhood after securing a mortgage through the Bank of Montreal. He purchased the home in mid-January for…