Recently, a newly listed closed-end fund has captivated the market. $Fundrise Innovation Fund (VCX.US)$ surged about 12 times from its IPO price of $31.25 in just its first four trading days.
Faced with this speculative frenzy, discerning investors are left asking: What is the underlying logic of this new fund? What are the specific highlights of its core assets? And at its current valuation, does it still offer ...

The market no longer prices a single Fed rate cut in 2026 as a certainty. On Thursday, $2-Year Yield Futures (APR6) (2YYmain.US)$ surged as traders unwound their easing bets, capping a sharp three-week repricing that has taken implied Fed cuts from nearly -60bps in mid-February to just -17bps as of March 12 — and tonight's PCE print could push that number even lower. Trump has publicly urged Powell to cut immediately, declaring there is no re...