Higher Yields, Better Returns

Higher Yields, Better Returns

  It’s been a rough stretch for the bond market lately. Long-term Treasury yields are pushing higher. The 30-year yield has climbed above 5% and recently reached levels not seen in nearly two decades. For bond investors, this can feel pretty painful. Bond prices...
Can a Bull Market Die of Old Age?

Can a Bull Market Die of Old Age?

  How old is too old for a bull market? It’s something you naturally start asking after stocks have been rising for a while. Surely the stock market can’t just keep going up forever, right? Eventually, a downturn must be right around the corner. Well, we dug into...
How Low Can You Go?

How Low Can You Go?

  For this week’s chart, we’re looking at a topic that tends to fly under the radar of many investors: correlation. What is correlation? Simply put, it measures how closely two things move together. In the stock market, high correlation means stocks are generally...
What Does the Bond Market Think?

What Does the Bond Market Think?

  In this week’s Indicator Insights post, we talked about consumer expectations for inflation. Specifically, we looked at how interested people were in inflation based on Google Trends search data. So, for this week’s featured chart, I thought it would be useful...
Production Powers Profits

Production Powers Profits

  Does the economy have to be booming for corporate earnings to grow? No. Not necessarily. But history suggests manufacturing conditions tend to matter more than many investors realize. For example, this week’s chart tracks the Institute for Supply Management...
A Rally for the Ages

A Rally for the Ages

    The stock market has rewarded investors handsomely over the past four years. It kind of makes you wonder: just how unusual has this rally been? The green line shows the S&P 500’s cumulative return over the current four-year rally, while the...