Challenging The High-Dividend-Yield Stock Narrative

Investors are better served by directly targeting factor exposures in their portfolio rather than using a dividend screen.

Don't Exit Stocks As If You're A Pension Fund

History suggests that reducing risk isn't the right long-term strategy for managers of retirement accounts.

History's Clues To The Post-Rate-Cut Market

History offers some noncommittal clues to how long the market might run before declining after first Fed cut.

Mad About Models

Ben Bernanke found significant shortcomings in the BoE's forecasting.

The Ever-Changing Market Narrative

The shift toward higher-for-longer monetary policy has contributed to recent selling pressure in an overbought equity market.

Too Many Passive Investors? There's No Such Thing

Can markets still be efficient if most investors aren't even paying attention? Surprisingly, the answer is yes.

It's Time For Earnings To Prove The Bulls Right

We're about to find out if expanding equity market valuations have been justified.

Navigating The Booming Secondary Private Equity Market

Private equity secondaries may offer investors a particularly attractive entry point relative to primary private equity funds.

The World Is Still On Fire

World leaders must show they can fulfill their promises about mitigating the climate crisis.

Why Tax Planning Should Be A Year-Round Priority For Advisors

Outsourcing tax management can enable advisors to apply tax management strategies across all their clients' taxable accounts throughout the year.

Fidelity, Dimensional, Others Push For Vanguard-Style ETF Share Class

The push for ETF rule changes has heated up to the point that even major stock exchanges are getting involved.

Why Growth Stocks, Why Now?

History suggests the rewards for patient, strategic investment should be substantial in the coming decade.

Assessing The Prospect For A Pullback

Confidence for a relatively shallow drawdown is supported by broad market breadth, cyclical leadership trends and economic resiliency.

The Connection Between Index Investing And Direct Indexing

What does the continued trend towards passively managed mean for the future of investment management?

Nonsense And Bad Rules Persist In Banking

Simpler, more effective rules would compel banks to rely more on their own equity instead of borrowing.

What To Watch This Earnings Season

The first quarter earnings season will benefit from an improving economic environment and continued strength in technology.

The Right Time To Cut Rates

The Fed cutting rates in June will depend on monthly inflation numbers and particularly CPI numbers in the near term.

Can Europe's Economy Exceed Expectations In 2024?

The EU's economic outlook could still take a turn for the better despite weakness in Germany.

The Fed Is Wrong About How Low Interest Rates Will Go

This time around, the market has it right. The federal funds rate will probably stay a lot higher than what officials are projecting.

The S&P 500 continues to find momentum, and historical similarities indicate a potential persistence in this trend.