Stifel

Join Stifel’s Michael O'Keeffe (CIO), Brian Gardner (Chief Washington Policy Strategist), and Lindsey Piegza, Ph.D. (Chief Economist) for a timely discussion on the developments in the Middle East, what could come next, and the potential implications for markets, the economy, and investors. Register here: bit.ly/4r5jqD0

We remain constructive on Japan. Prime Minister Takaichi’s decisive victory strengthens the mandate for fiscal expansion, the Bank of Japan’s rate normalization is improving the earnings backdrop, and the new U.S.-Japan investment agreement reinforces strategic alignment and reduced trade friction. Read the full piece: bit.ly/3OnPcxH

For years, Alex Ferreira has put in the work — refining his craft, pushing limits, and showing up with focus when it matters most. Excellence isn’t accidental. It’s intentional. That's what it means to be Alex Ferreira. And that's Where Success Meets Success.

Stifel is proud to partner with @DerekHough as the presenting sponsor of the Symphony of Dance Tour Encore. Join us for a world-class performance where success takes center stage. Purchase your tickets today: derekhough.com

A potential Kevin Warsh Fed could mean a shift from “managed predictability” to discipline through transparency—less high-frequency guidance, more true price discovery. That may raise day-to-day volatility, but strengthen long-run inflation credibility and reduce tail-risk. Read more: bit.ly/46lJToo

We are deeply saddened to share the unexpected passing of our colleague and friend, Alvin Spencer. Alvin brought an ease and warmth with him that people felt immediately. His humor and genuine care for others made everyone he met feel like a friend. While Alvin was a respected leader at Stifel, it’s the person he was that we will miss most. His kindness, his presence, and the relationships he built leave an impact that extends far beyond our walls. Our hearts are with Alvin’s family, partners, and all who are feeling this tremendous loss. He touched so many lives, and his memory will continue to do the same. We will miss you, Alvin.

Greatness lives on the mountain. This is its story. We’re proud to share the official trailer for “On the Edge: World Cup Ski Racing”, a new ESPN docuseries following the Stifel U.S. Ski Team and the world’s best alpine racers on their journey to the ultimate stage. As the title partner of the #StifelUSSkiTeam, we’re honored to support the athletes with such powerful stories of grit, resilience, and world class performance. And, we had a little fun helping produce it too. Stream the first three episodes on the ESPN app. #WhereSuccessMeetsSuccess

Gold’s run may be signaling rising fiscal trajectory and sovereign-risk worries. Dollar weakness, central bank buying, and ETF inflows are key. Read the full piece here: bit.ly/4q7oDKk #Markets #Fed

Recently we reported record revenue and earnings, reflecting a resilient economy and supportive policy tailwinds. While tariffs remain a headwind, our Chairman & CEO Ron Kruszewski joins Kelly Evans with CNBC to discuss our performance and his perspective on the broader economic environment.

Another record quarter. Another milestone year. “2025 marked a record year for Stifel and demonstrated the strength of our platform and long-term strategy. While we remain attentive to market and geopolitical risks, we are confident in our ability to navigate uncertainty and continue to deliver for clients and shareholders.” – Ron Kruszewski, Chairman and CEO Stifel also announced an 11% common stock dividend increase and three-for-two stock split. We remain focused on disciplined growth, operational efficiency, and long term value creation. Read the full report: bit.ly/45xVNv9

Ron Kruszewski, our Chairman & CEO, recently shared his outlook on capital markets, business momentum, and expectations for continued growth in an interview with @FoxBusiness. Watch the full interview here: youtu.be/va7FzZe9IGc

They've put in the work. They’ve invested in their dreams. They’ve earned their spot. Now, the world is ready to watch. Congratulations, Alex Ferreira, Jaelin Kauf, Mikaela Shiffrin, Jessie Diggins, and all of the Stifel U.S. Ski Team athletes who have qualified! #WhereSuccessMeetsSuccess

Modestly positive on 2026, but multiple outcomes are possible. In this week’s SightLines video, we outline our bull and bear scenarios across three drivers: AI monetization, the consumer, and the policy path.

“This place is on edge.” From Davos, our Chairman & CEO Ron Kruszewski shares perspective on global stability, trade, and the importance of alignment in today’s world.

It starts with courage. It’s built on composure. And it shows in every turn. That’s how Jaelin Kauf masters the moguls. ⛷️ Watch her and the rest of the Stifel U.S. Ski Team as they make their mark this winter. #WhereSuccessMeetsSuccess

🌟 Employee Spotlight: David Collins 🌟 Since joining Stifel in 2016, David has exemplified strong leadership through his client-focused approach and dedication to mentoring. Drawing on experience as a U.S. Navy Surface Warfare Officer and as a VP at FBR Capital Markets, David leads with strategic insight, service, and integrity. A passionate advocate for Stifel’s collaborative culture, David is deeply committed to guiding clients and developing the next generation of leaders within our Investment Banking division. His perseverance and commitment to service are inspired by his family’s legacy of resilience. We’re proud to recognize David for the expertise, compassion, and leadership he brings to Stifel every day. Thank you, David, for all that you do!

We recently released Outlook 2026: Rewiring Growth. In this week’s SightLines, we outline our economic and market outlook for the year ahead. Growth is being rewired, led by artificial intelligence, but outcomes will depend on how effectively that growth translates into productivity and earnings.

Jaelin Kauf and Alli Macuga have their eyes on the ultimate stage. But first, they take on the Intermountain Health Freestyle Cup presented by Stifel. ❄️⛷️ Fresh off an impressive weekend for the Stifel U.S. Freestyle Team in Quebec—led by the fastest woman on the circuit, Jaelin Kauf—the momentum continues today and tomorrow in Waterville Valley. Good luck, Jaelin, Alli, and the whole team! #StifelUSSkiTeam #WhereSuccessMeetsSuccess

If you’re not watching ski racing, you’re missing out. 6 out of 7 slalom wins this season. 107 World Cup Victories. @MikaelaShiffrin is on the edge of greatness, and the season’s biggest highlight is still ahead. #WhereSuccessMeetsSuccess #StifelUSSkiTeam

In this week’s SightLines, we offer a brief overview of our annual outlook report, Outlook 2026: Rewiring Growth—summarizing the forces that shaped 2025 and the key themes, risks, and opportunities we see ahead, from AI investment to policy, geopolitics, and fiscal dynamics. Read the full piece here: bit.ly/49w1oTI #Markets #Investing #Macro