Market Insights , Research , and Opinions from the team at 2X Wealth Group

August 2026

2Q 2026 Investor Letter: What is Magnificent?

While the term “Magnificent Seven” is still commonly used, it no longer adequately describes stock market leadership. It remains a convenient media label, but it increasingly obscures a more consequential shift - artificial intelligence has moved beyond a handful of mega-cap consumer technology companies and into a broad industrial and infrastructure investment cycle.

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Financial Planning

June 2026

The Biggest Inheritance Decision May Not Be Who Gets Your Wealth, But When They Get It

If you’re in a position to give or receive an inheritance, one of the biggest decisions is when the optimal time for a wealth transfer is—before or after death?

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Financial Planning

May 2026

One Big Beautiful Way to Donate to Charities

Charitable giving with appreciated stock can be one of the best ways to support causes you care about, combining philanthropy, tax efficiency, and tactical portfolio management in a single move

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April 2026

1Q 2026 Investor Letter: Cross Currents

U.S. markets started the year on a positive note with the S&P 500 reaching a peak of 6,978 in January, up 1.95% from the 2025 close. Sector rotation was the most notable market activity in the first quarter as investors exited software and Magnificent 7 stocks in favor of old economy sectors such as energy, materials, and industrials. As a result, the Dow Jones Industrial Average delivered much better results, reaching a peak of 50,188 in early February, up over 13% for the year.

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March 2026

Perspectives on Markets and War

We hope this finds you and your family safe. We are unsettled, as most are, by war so we thought it would be helpful and perhaps reassuring to see what happened to markets in recent history. The information below is courtesy of Jeffries Financial Group, Inc., a global independent investment banking firm.

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February 2026

4Q 2025 Investor Letter: Reflections on 2025 & Outlook for 2026

2025 began with markets walking a tightrope between optimism and anxiety. Investors were asked to believe in rapid technological progress while navigating geopolitical flashpoints, stubborn inflation, and historically high government debt.

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November 2025

3Q 2025 Investor Letter - The AI Revolution - Lessons From History and a Potential Shakeout

The artificial intelligence boom is reaching a critical juncture. After years of explosive growth, the economics of AI are shifting in ways that could upend who actually profits from the technology.

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August 2025

AI: The Intelligence Revolution

The coming AI revolution is going to be 100 times bigger than the industrial revolution – 10 times bigger and maybe 10 times faster, says Demis Hassabis, the CEO of DeepMind, the artificial intelligence arm of Google, and Noble Prize winner. We’ve received many questions from our clients about the impact of AI and how best to invest in it. Our first attempt at tackling this important topic follows.‍

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May 2025

How Do You Protect Your Portfolio in Uncertain Times?

The classic financial advice is to diversify your portfolio. However, diversification alone does not eliminate risk. Past recessions—including the dot-com bust in the early 2000s, the financial crisis in 2008–09, and the COVID-19 pandemic in 2020—show that the best portfolio strategies were not all the same.

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April 2025

1Q 2025 Investor Letter - Shock and Awe

Markets around the world are down today due to Trump’s unexpectedly punitive tariffs. These tariffs are feared to be inflationary and may cause a recession in the U.S. and abroad.

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March 2025

Chaos

We find ourselves in the thick of chaos, with daily political announcements and stock market gyrations. We anticipated volatility, but we got more than we bargained for.

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February 2025

4Q 2024 Investor Letter: Deep Thoughts and DeepSeek

In 2024, much of the 25% equity market return came from multiple expansion. Earnings for S&P 500 companies only grew about 10%, but the amount investors were willing to pay for those earnings (P/E multiple) expanded by about 16%. Thus, about two thirds of 2024 equity performance came from multiple expansion.

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January 2025

Our 10 Surprises for the New Year

In memory of famous investor Byron Wien, who was known for his list of 10 surprises each year, we provide our own list of potential economic, financial, and political surprises for 2025.

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October 2024

3Q 2024 Investor Letter: Is the Recent Runup in Chinese Stocks a Durable Rally or a Flash in the Pan?

From Beijing to Wall Street: Why We Reassessed China and Re-Entered the Market

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August 2024

What Spooked the Markets? Halloween Came Early

The selloff in equity markets was primarily triggered by two events last weekJapan raised interest rates - after leaving them mostly unchanged for years.

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July 2024

2Q 2024 Investor Letter - What’s Happening Under the Covers?

Why the U.S. Economy Has Remained Resilient in Spite of the Fed Raising Interest Rates and Reducing Their Balance Sheet

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June 2024