There has been a raging debate in the last 15 years about the efficacy of Monetary Policy. I've been very vocal about certain aspects of this discussion, especially surrounding QE. My general view is this: [...]
We always like to defer to simplicity when it comes to asset management. There are numerous reasons why simple portfolios beat complex portfolios: They're easier to manage and automate. They tend to reduce fees and [...]
This week's Federal Reserve decision was interesting mainly because there was no hint at a pivot. The market had been pricing in a rate cut this year, but the Fed made it pretty clear that [...]
Here's the replay of last week's Simplify Podcast in case you missed it. I joined Harley Bassman and Mike Green to discuss the macro landscape and where the economy might be headed. This was a [...]
There has been a heated debate in recent months about the risk of recession. On one side you have optimists who have been saying that the US economy remains robust and on the other side [...]
Here's a great chart from DFA (thanks to Meb Faber for highlighting it on Twitter).1 It shows the average annualized outperformance of stocks after they've become one of the largest top 10 in the S&P [...]
I want to invite you to a live recording of the Simplify Asset Management podcast, Keeping It Simple. We'll be recording next Thursday at 4:30 ET after the market closes. I'll be joining Harley Bassman [...]
There's been a lot of chatter this year about the breadth of the stock market's performance. While the S&P 500 is up 8.5% this year the majority of that performance is being driven by just [...]
It's only May, but if I had to pick a chart of the year it would be housing stocks. In fact, housing as a whole has been remarkably resilient this year. If you'd told me [...]
The muddle through trend is strong. Or should I say weak? We got two big data points this morning on the economy and both pointed to sluggish trends in growth. Retail sales and industrial production [...]