Publications

In many ways, 2024 was a continuation of broader trends in place over the past several years. Stocks meaningfully outperformed bonds and U.S. big tech, aka the … Read More

In literature and theater, comedies and tragedies are two popular genres. At various points in time, markets can appear to be reflective of both. At the end of … Read More

The recent trend of concentration in stock market returns reached staggering new heights in the second quarter, with Nvidia, Microsoft, and Apple accounting for… Read More

The stock market started the year with a bang. In keeping with the Taylor Swift song Shake It Off, the market has remained unbothered by potential external sign… Read More

In many ways, 2023 appeared the polar opposite of 2022. The traditional 60/40 portfolio of stocks/bonds declined double digits in 2022, yet this same portfolio … Read More