Excess Returns

Katie Stockton Still Sees a Bull Market. So Why Is Her ETF Only 50% in Stocks?

Tom Maher on Small-Cap Investing, AI Infrastructure and Opportunities Beyond Big Tech

Small and mid-cap investing offers significant opportunities despite a decade of large-cap dominance, driven by strong expected earnings growth and domestic economic exposure. Navigating this space requires a "two-footed" approach, balancing the positive momentum of the AI build-out against macro-level volatility and v...

Ed Yardeni Still Sees S&P 10,000 by 2029. So Why Is He Getting More Cautious?

The 10-Year Hit a 24-Year High. Nobody Is Buying Puts. Are You Watching the Wrong Market?

They Beat All US Stock Funds Since 2003 | Michael Baron on the AI Winners Investors Miss

The Game Was Rigged in Their Favor. 28% Went Bust Anyway | Kris Abdelmessih on How to Size Bets

We Asked the Data Scientist Who Rebuilt the Jobs Report What the Headline Number Hides

He Lost $157,000 in 3 Minutes | Jack Raines on the Lesson Winning Never Taught Him

The AI Gap Is Closing | Jason Hsu on China, Momentum Crashes and the S&P’s Seven-Stock Bet

David Rosenberg on Why He Wants the Bonds Everyone Hates — and Where He's Hiding in Stocks

Franklin Templeton CEO Jenny Johnson on AI, Private Markets, and the Hidden Risks in Index Funds

Jim Paulsen on the Weakening Economy, Tech Bear Market Risk and the Bull Market Built on Fear

The U.S. economy currently exhibits a dangerous divergence between aggregate data and underlying performance, masked by a two-tiered earnings environment. While technology and energy sectors drive massive profit growth, the remaining seven S&P 500 sectors face stagnation, revealing a fragile economic foundation. Despit...

We Asked Fidelity's Ex-President What Made Peter Lynch Great — and Where Private Credit Risk Hides

Investment strategy and retirement policy require a shift toward long-term perspectives and structural reforms. Bob Pozen, former president of Fidelity and chairman of MFS, argues that the dominance of index funds necessitates that active managers prioritize service and niche markets over large-cap stock picking. Priva...

Everyone Hates Bonds. Why Two Bond Managers Say You're Hating the Wrong Ones

All-In on the S&P 500 Worked for 18 Years | Jared Dillian on Why It's Still Wrong

Nvidia Is Betting on Its Customers. Gen Z Is Betting on Sports. Will It All End the Same Way?

Bearish Into November. Room to Run After: Why Dan Niles Is Watching Hyperscaler Credit Default Swaps

Artificial intelligence represents a transformative industrial revolution, driving significant overinvestment that mirrors historical cycles like the internet boom. While current valuations remain more disciplined than those of the 2000s, the sector faces risks from political opposition to data centers, geopolitical co...

The Fed Credibility Narrative Has Turned | Ben Hunt on AI, the Consumer and Financial Repression

Sticky Inflation. Cheap Volatility. A Less Predictable Fed. Why Aren’t Markets More Worried?

The Profits Come Now. The Costs Come Later. Kevin Muir on Whether AI Earnings Are the Bubble