Market Outlook
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Are High Bond Yields Bad for Your Portfolio? 64 Years of Data Says Look at the Whole Picture
The 10-year Treasury yield is back above 5%. I looked at every similar stretch since 1962 to see what happened next to stocks, bonds and a...
An Open Letter to Schwab: The Prediction Market Line Is Drawn in the Wrong Place
Schwab is right to worry about the line between gambling and investing. It has drawn that line in the wrong place — and advisors are left...
The Other 600: Why We Own the Index Nobody Talks About
The headlines in 2026 have been about the same names they've been about for years. But the strongest returns in the US stock market this year...
Four reasons we remain constructive
While the stock market has moved lower in July, the overall trend for the year has been positive. In this article, we highlight four reasons we...
Markets keep rallying
Markets are poised to finish the second quarter near their highest levels of the year. While the war with Iran caused stocks to fall in March,...
What the SpaceX IPO could mean for markets
The expected June IPO of SpaceX is set to become one of the largest public offerings in market history. But the bigger story may not be...
Bullish signals are starting to stack up
What a difference a month makes. The stock market has rebounded more than 10% to new all-time highs just weeks after being down over 5% on...
Oil prices are in the driver’s seat
One of the more surprising developments since the U.S.–Iran conflict began has been the stock market’s resilience. While oil prices have surged roughly 40% per barrel,...
Beyond the AI headlines, most markets are rising
There’s a theme circulating in markets right now known as the “AI Disruption Trade.” The idea is that rapidly advancing AI tools could permanently alter entire...
Market pullbacks are normal
After a strong six-month run for stocks, it’s worth remembering that pullbacks are a normal part of investing. Markets don’t move in straight lines, and short-term...
The market believes in the consumer
Much has been written about the terrible shape that the consumer is in and how this spells doom for the economy. There's just one problem with...
What does well after a bubble bursts?
There's a lot of talk of an AI bubble in the market right now. While we don't see a bubble in the S&P 500 based on...
Bubbles in the market or a market in a bubble?
The market is not in a bubble, but there are certainly bubbles within the market. A “bubble” occurs when speculation drives prices far beyond what fundamentals...
What do 3-year win streaks tell us?
The stock market is on pace for its 3rd straight winning year. With one quarter left in 2025, the question is whether 2026 can extend the...
2025 is turning into a really solid year
2025 is turning out to be a solid year for stock market investors. Despite all of the headlines and volatility that took place in the first...