TENSIONS: Russia-Ukraine tensions are stoking geopolitical concerns and adding to the risk-off tone in global markets. These should not be overdone. Geopolitical risk (see chart)...

Becoming an investor and finding a partner are two of the biggest life projects anyone can embark on. Ironically, they can also be the most difficult, because they’re both...

CORRECTION: NASDAQ is well into a -10% ‘correction’, and the S&P 500 is near. A hawkish Fed has been exacerbated by a mixed Q4 earnings start, and Russia-Ukraine geopolitics....

BETTER START: The Chinese equity stars are re-aligning, after a tough 2021. Interest rates are being cut, policy makers refocusing on stability, and the market better priced....

Investing isn’t just about what you buy. It’s about how you think. Over the past decade, we’ve learned a lot about how your emotions and impulses affect your decisions,...

SENTIMENT SUPPORT: We check our proprietary investor sentiment indicator (chart). This shows the recent deterioration in sentiment. But not to the extreme levels that would signal...

MARKETS: Rotation away from long-duration tech is accelerating, with NASDAQ -10%,  and risk aversion across equities. Fed tightening fears, and bond yields, have surged. We are...

RALLY: The broad-based Bloomberg commodity index has rallied 70% from its low 27 months ago. The average commodity rally has been 120% over 30 months, implying room for more....

BOOM: Private equity (PE) has boomed in the last decade. Their assets have risen to over $7 trillion, returns have averaged 12% annually, and uninvested ‘dry powder’ is near a...

RISE AND FALL: The huge repricing of Fed interest rate expectations has taken a big toll on the perceived ‘riskiest’ assets (see chart). Most are down 30-45% from 2021 highs vs...