From $1 to $3 Million. The Power of Long-Term Investing
One dollar invested in US stocks in 1802 is worth almost $3 million today, after inflation.
The same dollar kept in cash is worth less than 4 cents.
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Higher for longer
The Fed raises rates, American shoppers keep spending, and Intel explores a memory-chip partnership. Plus: a setback for US crypto legislation and the central-bank decisions to watch next.
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What the market expects from US earnings
US stocks look expensive against near-term earnings, but cheaper when ambitious growth forecasts enter the calculation. The difference reveals how much investors are counting on future profits.
Money is pouring into US ETFs
US ETFs attracted $1.37 trillion in the first eight months of 2026, putting the previous annual record within reach. The money is spreading beyond equities into bonds and emerging markets.
A higher bond yield isn’t the same as a higher return
A bond can offer an attractive yield while losing value. Here’s how income, price changes and inflation shape what you actually earn.
US big tech is spending $806 billion on artificial intelligence, China’s $116 billion
Amazon, Microsoft, Google, Meta and Oracle spend $2.2 billion a day on data centres and chips. The four Chinese firms spend seven times less.
What the sectors of the US stock market cost
Industrials trade at 23 times earnings and sit at 97 out of 100 over the past thirty years. Communications looks cheapest relative to the wider market.