Blog

Read our latest thoughts on Estate Planning, Trust Services and Asset Management.

Macro 1/23/2026

Europe’s $10 Trillion Gamble, Japan’s Bond Market Shock, and AI’s Credit Warning

Europe’s $10 trillion gamble of dumping U.S. assets, Japan’s bond market liquidity shock, and widening AI hyperscaler credit spreads.

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Quarterly Pulse 1/20/2026

The Q4 2025 Dunham Quarterly Pulse: Trends, Risks & Strategies

This post was authored by Adem Tumerkan, Dunham's Content Editor. If you have questions concerning today's topic, please call us at (858) 96...

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Macro 1/16/2026

Hold On: Is The U.S. Economy Actually At Risk of Overheating? Let’s Talk About It

Weak data doesn’t always mean safety—here’s why money supply growth, a productivity boom, and the wealth effect could push the U.S. economy toward ...

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News 1/13/2026

What’s New at Dunham in 2026: Building Momentum for Financial Advisors

See how Dunham is expanding advisor support in 2026—from a $7B milestone and new brand identity to trust education, digital asset solutions, and in...

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Dunham Deep Dive 1/9/2026

Fed Liquidity Is Back, the Private Sector Is Deleveraging (Kind Of), and Wages Are Falling Behind

QE-lite is back as Fed bond buying ramps up, the private sector keeps deleveraging, and the gap between productivity and wages continues to widen a...

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Education 1/6/2026

The Kelly Criterion Explained: How to Size Investment Positions Without Blowing Up (Hopefully)

Learn how the Kelly Criterion helps investors and financial advisors size risk, manage volatility, and avoid costly position-sizing mistakes.

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Dunham Deep Dive 1/2/2026

Banks Are Lending Again, Canada’s Market Is Soaring, and Fertility Rates Keep Sinking

Banks are lending aggressively again, Canada’s stock market surged despite economic stress, and falling fertility rates pressure growth and inflation

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Financial Planning 12/30/2025

ABLE Account Changes in 2026: New Age Limits, Rules, and Planning Strategies

Major ABLE account changes take effect in 2026. Learn how new age limits, contribution rules, and tax benefits impact SSI, Medicaid, and planning.

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Macro 12/26/2025

Morning Pour Year in Review: The Five Macro Themes That Mattered Most

A Morning Pour year-end review revisiting five widely read macro ideas from 2025—what held up, what didn’t, and what may matter in 2026.

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Education 12/23/2025

Prices Are Set at the Margin: Why Small Trades Move Big Markets

Market prices are set by marginal buyers and sellers, not consensus - explaining sudden volatility, liquidity shocks, and rapid repricing.

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Macro 12/19/2025

Private Credit Is Everywhere Now - and the Risks Are Coming Out of the “Shadows”

Private credit has exploded since 2008, fueling shadow banking and new risks as leverage, opaque valuations, and bank exposure keep building.

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