Theories explaining momentum typically fall into behavioral, risk-based, or market structure categories, often avoiding the harder...

Shifts in factor effectiveness signal deeper market narrative changes--specifically, what investors are pricing. The charts here show how...

Tracking the returns of thematic baskets is a helpful way to see how the tariff turmoil is affecting equities. The chart showing the...

Tech stocks are performing poorly in 2025, with February's tariff-driven market shock accelerating the decline. I made a short video...

Value investing's performance has diverged sharply between large-cap and small-cap stocks in recent years. While value strategies have...

AI-based techniques, such as natural language processing (NLP) analysis of earnings calls, can reveal management or analyst sentiment...

Is money better spent on research to drive innovation in small or large companies? This question is significant for government policies...

Typically, earnings growth is more important than sales growth for stock performance. However, as the chart illustrates, this was not the...

Since early September, small-cap stocks have outperformed large-cap stocks. Investors' recent enthusiasm for small caps is evident in...