If stocks are about to come under real pressure, you’re going to see it in credit. That’s how markets work. The bond market is much larger than the stock market. When the world’s biggest institutions start to feel stress, when…
One of the biggest themes I’m focused on as we start the new year is the growing dominance of international equities relative to U.S. stocks. Consider this for a moment. In 2025, the S&P 500 gained roughly 17%. By any…
It doesn’t matter what other people do with their money. That’s none of my business. For a lot of people, that’s a hard idea to accept. They worry about what their neighbors own. They think about what their coworkers are…
For a long time, the story was simple. A handful of mega-cap stocks were doing all the work, dragging the market higher while everything else lagged behind. That story hasn’t really changed in people’s minds. But the market itself has…
Many of the most successful people I know read a lot of books. Unfortunately, many of the people I know who feel stuck in their jobs, unsure about their careers, and frustrated by what they do not know rarely read…
Founder’s Note: You’re about to read one of the best lessons about how markets process complex information in real time you’ll ever get. That’s what Jason Perz does… he takes on hard challenges and makes them seem a lot easier. …
The small-cap stocks with the “good” fundamentals are finally starting to participate. Until recently, leadership in small caps was coming almost entirely from indexes that didn’t care whether companies made money or not. If you were small enough, you were…
There’s a lot of winning going on in the stock market right now. As of this morning, more stocks on the New York Stock Exchange (NYSE) are in uptrends than at any point since 2024. That’s worth pausing on. Just…
We’ve been in a raging bull market for stocks, and suddenly this week everyone’s telling me we’re finally getting “confirmation” of it. That’s interesting, because just two or three months ago the narrative could not have been more different. Back…
There’s been so much winning lately that it’s almost hard to keep track. Stocks have been posting historic numbers year after year, and 2026 has picked up right where the last few left off. At the same time, something interesting…
Businessweek is out with a cover warning investors to “Beware the Bubble” and teaching you how to “survive” the year ahead, as if investing has suddenly turned into some kind of apocalyptic endurance test. This is a real magazine. With…
I hated reading when I was younger. I didn’t have the attention span, and I definitely didn’t have the interest to make it through an entire book, let alone a chapter. All I wanted to do was play baseball. That…
