Auby believes the Federal Reserve’s mandates are “flashing late cycle” even as other signs suggest the underlying economy is doing well.
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Texas Teachers’ CIO Auby is underweight stocks, says investors should hold cash despite inflation
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Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump’s approach to immigration, offering a rare public rebuke […]
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Netflix’s advertising strategy shift is starting to pay off
A drone view shows Netflix logos on buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026. Daniel Cole | Reuters Netflix jumped into the advertising business later than its media peers, but its strategy shift is starting to pay off. This week Netflix reported its fourth-quarter earnings, which were mostly overshadowed […]
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Pending home sales drop sharply in December, dampening 2026 outlook
An “Open House” sign outside a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Stagnant mortgage rates, falling housing supply and ongoing economic uncertainty weighed heavily on homebuyers in December. Pending home sales, a measure of signed contracts on existing homes, dropped 9.3% last […]
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