Four Stock Factors With Decades of Evidence Behind Them
One dollar bet on the US stock market's premium over cash since 1926 grew to about 770 dollars. One dollar bet on the small-stock premium over that same
Articles / Markets
Markets
7 articles
The Four Channels a Rate Hike Uses to Reach Your Portfolio
The Fed raised rates in seven separate campaigns since 1980, and the S&P 500 rose across every single one. The reflex says rates up, stocks down. The
What a Stock Split Actually Does to Your Wealth
A stock split does not make you a dollar richer. The instant it happens, your holding is worth exactly what it was worth the second before. Everything
How Money Moves Through Sectors Across the Economic Cycle
Across 27 calendar years of S&P 500 sector data, last year's best sector repeated as this year's best only 12 percent of the time. The leaders and
What the CAPE Ratio Predicts Over the Next Ten Years
One valuation reading sat near the top of its range before the 1929 crash, again before the 2000 dot-com collapse, and again through the 2010s while the
The Yield Curve Has Called Nearly Every Recession Since the 1950s
One line in the bond market has flipped negative before every US recession in half a century, and it has never once told anyone the date. That line is the
The Fear Index Does Not Measure Fear
The number traders call the fear index measures no fear at all. It measures the price of S&P 500 options, and its worst readings have marked some of the