Enthusiasm for Michael Saylor's Strategy (MSTR) — and some of its numerous imitators — has been fading.
For much of 2025, Wall Street has struck a confident tone. Yet advisors guiding client portfolios can't ignore the cracks forming beneath the surface.
At BlackRock Inc., PGIM and other Wall Street firms, bond-fund managers are sticking to trades that will likely pay off.
A growing number of respected Wall Street voices are sending the same message to investors: make room for gold.