History & Geopolitics
DFA’s David Booth on building portfolios—and an industry—on data, not dogma.
This post examines the potential consequences of coordinated dollar depreciation today -- from FX volatility and insurance risk to broader macroeconomic impacts.
From Europe’s steelmakers to global EV producers, "pet industries" rely on state support to survive, but as political winds shift, their future looks increasingly fragile.
Think +1,000-bps high yield spreads are history? Marty Fridson shows why they could still hit that mark in the next recession.
Learn how tariff-related inflation shocks ripple through markets—and which assets have historically helped investors navigate the turbulence.
What 150 years of market data reveal about tariffs, growth, and investment returns—and how equity factors have historically delivered resilience.
This collection of quotes from US financial history offers timeless lessons in vice, virtue, and investing wisdom for every generation.
Discover how new US tariffs could accelerate AI adoption, reshape American industry, and unlock long-term investment opportunities amid economic disruption.
As the equity risk premium declines, alpha becomes critical. Discover how investors can adapt through factor strategies and global diversification.
In light of the uncertainty dominating today’s markets and headlines, it’s worth revisiting some of the behavioral pitfalls that have tripped up investors for centuries.