Election noise can distort market signals. Jim Lydotes looks beyond the headlines at consumers, AI infrastructure, and defense demand.

Highlights from the week of October 9 – October 15, 2026.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Success in small caps increasingly depends on position sizing, as concentrated winners amplify the cost of underexposure.

Stable value funds play a critical role in DC plans, historically providing principal preservation, consistent positive returns, liquidity for benefit payments, and financial confidence for participants.

A home run may grab attention. But for bond investors, the better test is how consistently a manager adds value without taking unnecessary risk.

Rising yields can hurt bond prices now, but they may improve future income. See why your timeline matters.

Utilities may be a fat pitch, policy curveballs may miss banks, and markets are differentiating the contenders of AI adoption.

Higher yields reflect a resilient economy, not necessarily the start of a punishing tightening cycle. That could be a favorable backdrop for bond investors.

AI companies face a trust test, cost pressure is spreading, and the Fed’s blunt tool may not reach the real bottlenecks.