Vanguard Sees US Stocks Losing to Canada for Years as AI Shifts

Canada’s stock market is beating the US handily in 2025 in a trend that’s just getting started and can run for the next five to seven years, according to Vanguard Group chief economist and head of investment strategy Joe Davis. As artificial intelligence enters the...

Private Credit Leans on Secondaries as Investor Payouts Dwindle

Private credit firms are selling stakes of loan portfolios as a way to boost a closely watched measure of how much cash they return to investors such as pension funds and insurance companies. Lenders have been forced to hold onto their investments for longer, given a...

Treasuries Join Global Bond Selloff With 30-Year Yield Near 5%

Treasuries dropped, following a slump in longer-maturity European debt, with the US 30-year yield climbing toward 5% at the start of a month historically tough for long bonds. Longer-maturity yields climbed about three basis points Tuesday, trading off their session...

Morgan Stanley Asks Fed to Lower Bank’s Capital Requirement

Morgan Stanley asked the Federal Reserve to reduce its capital requirements, the regulator said as it announced upcoming capital requirements for most Wall Street banks that are in line with lenders’ expectations. “The firm requested reconsideration to reduce this...

Nvidia Forecasts Decelerating Growth After Two-Year AI Boom

Nvidia Corp., the world’s most valuable company, gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending. Sales will be roughly $54 billion in the fiscal third...