Daly Asset Management

Daly Asset Management

Daly Asset Management publishes sharp, data-driven macro and equity insights that help high-earning investors cut through Wall Street noise, avoid bloated advisor fees, and invest with conviction.

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Warsh Arrives as AI Spend Splits the Magnificent Seven

Warsh Arrives as AI Spend Splits the Magnificent Seven

Big Tech's $470B AI bet collides with Fed independence concerns while gold breaks records and earnings season reveals who's spending—and who's delivering.

Liam Daly
Liam Daly
The Greenland Selloff: When Tariff Theater Trumps Market Logic

The Greenland Selloff: When Tariff Theater Trumps Market Logic

Trump's Greenland tariff threats tanked markets Tuesday before a Wednesday reversal. Meanwhile, small caps continue their historic breakout as the "Great Rotation" gains steam.

Liam Daly
Liam Daly
When Central Banks Become Political Targets: What Happens to Your Money

When Central Banks Become Political Targets: What Happens to Your Money

Fed independence is under attack, metals are screaming crisis, and TSMC just told us the AI trade is far from over.

Liam Daly
Liam Daly
Venezuela, Defense Budgets, and Market Rotation—The Week Wall Street Wasn't Expecting

Venezuela, Defense Budgets, and Market Rotation—The Week Wall Street Wasn't Expecting

Trump's Venezuela operation and $1.5 trillion defense budget proposal dominated the first full trading week of 2026—while small caps quietly outperformed Big Tech.

Liam Daly
Liam Daly
The Turning Point: Why 2026 Starts With Conviction, Not Caution

The Turning Point: Why 2026 Starts With Conviction, Not Caution

Happy New Year! Markets closed 2025 strong—and the setup ahead is even better.

Liam Daly
Liam Daly
Record Highs Into the Holidays: How the S&P 500's Best Week in a Month Sets Up 2026

Record Highs Into the Holidays: How the S&P 500's Best Week in a Month Sets Up 2026

Markets just delivered fresh all-time highs and an 18% annual gain—here's what the strength tells us about where the real opportunities lie heading into the new year.

Liam Daly
Liam Daly
The Great Rotation Accelerates: Small Caps Surge as AI Trade Cracks

The Great Rotation Accelerates: Small Caps Surge as AI Trade Cracks

December's hawkish Fed cut triggers a market rebalancing — the Russell 2000 hits records while mega-cap tech bleeds. Here's why 2026 belongs to the underdogs.

Liam Daly
Liam Daly
The Fed Blinks, But Rotation Roars

The Fed Blinks, But Rotation Roars

Markets hit records as tech crumbles and the Fed signals one lonely cut for 2026. The real story? Capital is fleeing concentration risk.

Liam Daly
Liam Daly
Fed's Next Move: Betting on Goldilocks While Tariffs Loom

Fed's Next Move: Betting on Goldilocks While Tariffs Loom

Markets hover at record highs betting on a soft landing—but PCE data, rare earth détente, and sticky labor numbers suggest the real test is just beginning.

Liam Daly
Liam Daly
The Fed Put Is Back—But Who's Buying?

The Fed Put Is Back—But Who's Buying?

Markets rip 3% in three days on rate cut hope. But beneath the rally, AI's trillion-dollar valuation question hasn't been answered.

Liam Daly
Liam Daly
The Fed's Whiplash Week: How Williams Saved Markets (For Now)

The Fed's Whiplash Week: How Williams Saved Markets (For Now)

December rate cuts back on the table as John Williams throws traders a lifeline — but the AI repricing isn't over.

Liam Daly
Liam Daly
When the Data Goes Dark: Markets Trade on Memory, Not Reality

When the Data Goes Dark: Markets Trade on Memory, Not Reality

The longest government shutdown in history just ended, but October's jobs and inflation data may never be released—leaving the Fed to fly blind into December's rate decision while tech takes a beating and Bitcoin bleeds below $100K.

Liam Daly
Liam Daly
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