Rolling Returns

Rolling Returns

  The writer Jason Zweig once wrote that regression to the mean is the most powerful law in financial physics. By this, he meant that after a period of really good stock market returns, we can expect things to cool down, and after a rough patch, there’s a...
Credit Spreads

Credit Spreads

Interest rates have been a primary subject this year, but it isn’t always just the level of rates. David Nelson explains the other measures he considers when assessing markets and what he thinks investors should be taking away from this data.

Done Hiking

Done Hiking

  Has the Fed reached the summit of its rate-hiking adventure? If so, our featured chart this week might shed some light on where the stock market could be headed next. The chart illustrates the historical performance of the S&P 500 stock index after the...