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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>2026 Research Themes - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>2026 Research Themes - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>2025 Market Review - U.S. equities finished strong</image:title>
      <image:caption>The S&amp;P 500 returned 17.9% closing within 1–3% of all‑time highs, with leadership broadening beyond mega‑cap tech as small‑caps reached new highs for the first time since 2021.</image:caption>
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      <image:title>2025 Market Review - International markets outperformed</image:title>
      <image:caption>The MSCI EAFE gained 31.2%, its best relative performance versus U.S. large‑caps in nearly two decades, aided by a weaker dollar, attractive valuations, and improved corporate governance. Emerging markets rose 33.6%, supported by semiconductors, global manufacturing, and commodity strength.</image:caption>
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      <image:title>2025 Market Review - Fixed income delivered solid results</image:title>
      <image:caption>The Bloomberg U.S. Aggregate Bond Index returned 7.3%, and the Global Aggregate returned 8.2%. After mid‑year volatility, three Fed rate cuts (Sept., Nov., Dec.) helped turn the yield curve positive for the first time in nearly three years.</image:caption>
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      <image:title>2025 Market Review - Alternatives diverged</image:title>
      <image:caption>Gold surged over 60%, its strongest year since 1979, driven by central‑bank buying and geopolitical tension. Oil drifted lower on oversupply, while natural gas strengthened on rising domestic demand. Housing remained constrained as prices stayed near $426,800 amid limited inventory.</image:caption>
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  </url>
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