A recent RIAIntel article profiles NYU business school professor Aswath Damodaran and offers excerpts from an interview in which he discusses the state of the economy, FAANG stocks and the…
High-Yield Bond Defaults May Double, Says Gundlach
High-yield bond default rates may double as companies face further economic downturn, says DoubleLine CEO Jeffrey Gundlach. This according to a recent article in Bloomberg. During a webcast earlier this…
Why Every Year Feels Like the Worst
A recent article in National Geographic offers insights on how cognitive biases play a role in how we experience the world and how “unfettered media consumption skews our perception of…
Excess Returns, Ep. 43: The Past, Present and Future of Investing with Morningstar's John Rekenthaler
John Rekenthaler is Vice President of Research for Morningstar, the author of the Rekenthaler Report column, and a leading expert on the mutual fund industry. John has been with Morningstar…
Six Narratives Shaping The Stock Market In 2020
In this bonus episode, we we discuss a presentation Justin recently gave to Fidelity customers about some of the major narratives shaping the current market. The word “unprecedented” tends to…
U.S. Stock Market Reshaped by Individual-Investor Boom
New data shows that the individual-trading boom—a byproduct of increased time at home due to the pandemic along with free trading apps and a resurgent bull market—has “reshaped the U.S.…
No Dividend Cuts During the Pandemic for ‘Dividend Aristocrat’ Stocks
None of the S&P 500 Dividend Aristocrat stocks—a group of 65 companies that have increased dividends for at least 25 years—have reduced their payouts, according to a recent article in…
The Realities of Growth Investing
By Jack Forehand, CFA (@practicalquant) Growth stocks have been trouncing value stocks for a long time now. The chart below illustrates just how massive that outperformance has been. The Russell…
Rebound in Global Trade Faster Than Post-Lehman
Global trade is poised to recover more quickly from the pandemic than it did in the wake of the 2008 financial crisis, says Germany’s Kiel Institute for the World Economy.…
Gap Between Dow and S&P 500 Set to Widen
The tech-light Dow has struggled this year to keep pace with the tech-heavy S&P 500’s gains, and Apple’s recent stock split only accentuates the divide. This according to a recent…