Real Interest Rates have an immense impact on the stock market as well as the bond market. Nonetheless, they are widely misunderstood.

In August of 2020 Apple issued a 40 year, 2.55% bond, two years later that bond is down nearly 40%. Apple's stock on the other hand is up over 50% in that same period. Why is that and what does it imply?

In August of 2020 Apple issued a 40 year, 2.55% bond, two years later that bond is down nearly 40%. Apple's stock on the other hand is up over 50% in that same period. Why is that and what does it imply?

Is a large daily drop in the market a buying opportunity? We used 60 years of daily data to see what happens after the market drops.

One of the most difficult problems for fundamental value investors is reconcliling value and momentum.

Presently just five US tech companies account for nearly 25% of the S&P 500 market cap. We discuss resurgence of big US tech and what it means for investors.

Prof. Bradford Cornell explains how fundamental valuation analysis can potentially uncover market inefficiencies. As an example, Prof. Cornell revisits our publication "Valuing the Automotive Business" from November 2021.

During the first quarter the story of both the fixed income and stock market revolved around the ongoing evolution of the yield curve.

When interest rates were near zero it was easy for companies to borrow and for investors to overlook debt.  But as interest rates increase, the amount of debt held by a business can become a significant refinancing risk for the company and investment risk for investors.

How can an option trade make 4000% in one day?  Tesla stock has been highly volatile and one of the drivers of this volatility is the unusually large volume of options trading.  Are large proportion of Tesla option contracts are traded on the day of expiration (zero DTE) and just out of the money.  This allows speculators maximum leverage and the small possibility of a significant profit.