Gold price swings in January highlighted volatility, not weakness. Strong demand, central bank buying and improving miner fundamentals continue to support a durable long-term bull market in 2026.

BDCs and private credit funds finance middle-market firms but differ in access. BDCs offer liquidity and transparency; private credit funds are less liquid with limited access and longer lock-ups.

Headline yield shows income potential, but taxes reduce what you keep. Equity investors should focus on after-tax yield. Preferreds may help boost income and improve tax efficiency.

Investor sentiment turned more selective as markets rewarded tangible fundamentals and execution over elevated expectations entering 2026.