Market valuation ratios are, therefore, analogous to sundials: They’re fine as a rough gauge for the passage of time, but using one as an oven timer m...
Many investors want their portfolios to do more than just pursue reliable premiums. They may also want to seek tax efficiency; reflect their environme...
Yields reflect the aggregate expectations of all market participants, including opinions on how and when the Fed will act. And even if a crystal ball...
“News is, by definition, something that doesn’t last. It exists for only a moment before it changes. … It’s not important to living a good life. It’s...
“The American marketplace is an economic jungle. As in all jungles, you easily can be destroyed if you don’t know the rules of survival. ... But you a...
As we look back now and do our market review 2020, there’s one thing for sure. Year 2020 proved to be one of the most tumultuous in modern history, m...
There is a wealth of academic research into what really drives higher expected returns. Simply put, expected returns = current market prices + expecte...
Attending to how markets work is important for you and your investment portfolio. Should you buy, sell, or hold tight? Before the news tempts you to j...
Some investors select mutual funds based on their past performance. Yet, past returns offer little insight into a fund’s future returns. For example,...
A top-heavy stock market with the largest 10 stocks accounting for over 20% of market capitalization and a marquee technology firm perched at No. 1? T...
What’s going on in the market when stocks and the economy diverge? It can be puzzling when a bleak economic report emerges from the press, only to be...
This is a good time to check in with valuation ratios. These have been challenging times for value stocks. Performance divergence has resulted in a s...
