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Midterm Years Are the Weakest Year of the Cycle: The Data Before November 3

Midterm Years Are the Weakest Year of the Cycle: The Data Before November 3

September 21, 2026

Americans vote on 3 November. The statistic that will be quoted at every point between now and then is that...

Buyback Blackout Windows: The Bid That Quietly Disappears

Buyback Blackout Windows: The Bid That Quietly Disappears

August 20, 2026

Corporate buybacks are one of the largest sources of demand for US equities. For roughly five weeks around every earnings...