Why Stocks Sometimes Fall for No Obvious Reason
A look at the hidden role of private markets in public stock volatility.
Private Markets
More on Private Markets
E-Scooter Rental Company Lime Files for IPO as Debt Maturities Loom
The scooter rental industry has struggled for years, despite massive early venture capital support—Lime is a rare survivor.
Ben Carlson: Exploring Risk and Reward
The author of a new book about investing discusses the ‘automatic investing revolution,’ what investors can learn from past bubbles, and the role of complacency in today’s market environment.
Markets Brief: Will the Consumer Start Crying ‘Uncle’?
Plus: Cerebras’ IPO, the tech stocks leading the EM rally, unicorn concentration, and the April CPI.
How to Incorporate Semiliquid Funds Into a Portfolio
How investors can set realistic expectations, choose the right vehicle, and size allocations with care.
8 Things You Need to Know Before Buying a Nontraded BDC
Business-development companies look a lot like other funds, but they’re not.
There’s a Big Retirement Problem. Vanguard Takes a Step Toward Solving It
Plus, its exploration of private assets.
2 Private Credit Funds Topped Our Semiliquid Fund Ratings in Q1
Blackstone and Apollo offerings earned high marks in Morningstar’s latest batch of semiliquid fund ratings.
Semiliquid Private Equity Funds Have a Math Problem
High fees and high cash are a compound drag on returns.
Morningstar’s Guide to Public/Private Investing
What investors need to know about the risks, opportunities, and key happenings in the public/private convergence.
Smart Investor: Best Dividend Stocks, Utilities as a Growth Play, and a Revival for SPACs
Wrapping up our coverage of markets and the week.
AI, Quantum Computing Feed SPAC Revival
After many SPACs burned investors earlier in the decade, Terra Quantum, Miotal, and others are using the structure to go public.
Is Pimco Giving Blue Owl Its Own Berkshire Moment?
Lending money to a Blue Owl BDC may help redirect some unwelcome attention.
Morningstar’s Guide to Semiliquid Funds
If you want to invest in these high-potential vehicles but are worried about your liquidity, here’s what to know.
When the Magnificent Seven Meet the Magnificent Few
Mega-IPOs from SpaceX and AI unicorns will affect both public and private markets, but it’s important to keep their impact in perspective.
Wade Pfau: Higher Bond Yields Are a Plus for Retirees
The retirement researcher weighs in on in-retirement asset allocation and the best ways to address sequence risk and shares his favorite retirement-spending system and longevity calculator.
Private Equity Funds Step Into the Spotlight
As investor interest in private credit cooled in late 2025, private equity funds saw 48% higher inflows than in 2024.
Before Its IPO, OpenAI Is Already Selling to the Public
Cathie Wood-led ETFs let the ChatGPT maker reach retail investors without the obligations of going public.
Private Investments in 401(k)s: We Still Have Questions
As private markets and lifetime income strategies enter defined-contribution plans, careful oversight will matter more than ever.
3 Things Investors Should Be Watching Closely in Q2
How key market risks could shape portfolio decisions for the quarter ahead.
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