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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...

Equal Weight vs Cap Weight: What RSP Tells You That SPY Does Not

Equal Weight vs Cap Weight: What RSP Tells You That SPY Does Not

August 20, 2026

RSP and SPY hold the same 500 companies. Over the past decade they have delivered materially different returns, taken different...

Market Breadth Is Narrowing While Indexes Sit Near Records

Market Breadth Is Narrowing While Indexes Sit Near Records

August 11, 2026

An index can rise while most of its members fall. When that happens for long enough, analysts start using the...