Same as ever — procyclical behavior among retail investors.

By: Alexander Vogt, CFA

USA vs the World

By: Callum Thomas

We’re so busy worrying about the last 15 years of life… that we forget to live the most important part!

By: Dan Haylett

The S&P 500 dividend yield has now fallen to just above 1.1%, the lowest level since 2000 — and that carries powerful implications.

By: Ryan Lemand, PhD

Every Bubble Feels Different, Until It Ends the Same Way

By: Jonathan Baird, CFA

The equal vs cap weighted Anomaly is getting more anomalous… 👀🤔

By: Callum Thomas

The U.S. price-to-10-year average trailing earnings ratio (P/E10) hit its highest since the 2000 Dot-Com BUBBLE BURST.

By: Brad Moseley

Moody's Chief Economist Mark Zandi's latest assessment reveals a striking economic reality: roughly half of U.S. states are either in recession or nearing one. But here's what really caught my attention—the remarkable dispersion in GDP growth rates across states.

By: Michael McDonald, PhD

Trumpian tariffs soared, and strong-arm trade deals were signed. These were supposed to rebalance US trade.

By: Richard Baldwin

Another day, another record:

US technology stocks now reflect a record 38% of total US stock market cap.

By: The Kobeissi Letter