Research

Return Stacking: Strategies for Overcoming a Low Return Environment

Stretched valuations in many stock and bond markets are challenging investors to look farther afield to meet investor return targets. Many investors find themselves recommending portfolios that are uncomfortably far out along the risk curve, stretching for higher yields and increasing pro-cyclical asset exposure.

Chart of the Week: 20 Month Performance of the S&P 500 TR Index After a Recession

20 Month Performance of the S&P 500 TR Index After a Recession

Chart of the Week: 20 Month Performance of the S&P 500 TR Index After a Recession

20 Month Performance of the S&P 500 TR Index After a Recession

Japanization: The S&P 500 Is Tracking The Nikkei Of 1980

The question of Japanization in the U.S. continues as the S&P 500 tracks the Nikkei of 1980. An email question I received recently is worth discussing in more detail.

Japanization: The S&P 500 Is Tracking The Nikkei Of 1980

The question of Japanization in the U.S. continues as the S&P 500 tracks the Nikkei of 1980. An email question I received recently is worth discussing in more detail.

Chart of the Week: Small-Cap Value Outperforms Large-Cap Value Over the Past 20 Years

Small-Cap Value Outperforms Large-Cap Value Over the Past 20 years

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Don't miss

The Fed’s Dilemma: Why Rate Cuts Could Trigger a “Crack-Up Boom”

The crack-up boom happens when everyone tries to get out of a losing currency and into “hard assets” like gold, real estate, and other real things.

Rate Cut Hype Fuels Growth: August 2025 HANDLS Monthly Report

Suffice to say, all of this reinforces a timeless investing principle: diversification pays off over the long haul.

How Leading Consumer Brands Have Emerged Stronger Since 2019

The last five years have been among the most intense stress tests in modern business history.

The Market’s “Lost” Moment: How Many Seasons Can This Rally Run?

For months, investors have been scaling what feels like an endless wall of worry. Each concern that gets resolved seems to spawn new uncertainties, yet the market has continued its relentless climb higher.

Can Markets Keep Their Cool? July 2025 HANDLS Monthly Report

Politics Trumps the Numbers, Can Markets Keep Their Cool?