IN THIS ISSUE

• Macro Strategy – Superintelligence and Superabundance in the Next Decade: The rapid advance of Artificial Intelligence and the emerging Singularity could reshape society and markets, underscoring the importance of diversification amid rising uncertainty.
  
  
• Market View – Elevated Debt Supply Is Testing the Market's Appetite: Rising Treasury yields reflect a market adjustment to strong growth, inflation concerns, and heavy debt issuance, while creating potential opportunities for attractive long-term yields.
  
  
• The Ticker Tape – Top Questions Answered Directly by Our Chief Investment Officer