This Week on TRB

Cartoon by Gary Varvel, Indianapolis Star These were the most read posts on TRB this week, in case you missed them:

Here come the “Best Six Months”

The best six months of the year for stocks begin at the start of November and wind down in April, when all the “Sell In May” sh*t starts again. The statistics are plain to see, it just doesn’t work every single year (what does?). Anyway, Stephen Suttmeier’s latest technical note for Bank of America Merrill…

Fun With Expected Returns!

Research Affiliates has a bright and shiny new tool online for investors to play to with their expected returns forecast data, which is largely based on the historic ranges of long-term earnings multiples. You can plot out RA’s forecast for every investable country stock market around the world. You can also toggle back and forth between…

The Challenge

I wrote this on August 25th as the S&P 500 was racing to new heights and all appeared to be well on the surface. It seems really apropos given the recent upheaval happening across global stock and bond markets. I repost it below, and I hope you get something out of it. – Josh *** The…

Why Stock Investors Get Paid

Yesterday, into the teeth of the decline, I put this out: Stocks earn an equity risk premium above risk-free bonds of around 3 percent on an average annual basis. Do you know why? Today is why. — Downtown Josh Brown (@ReformedBroker) October 15, 2014 It’s a concept that pros understand but that many individual investors…

Oh No! The Dow Went Negative This Year!

If the Dow Jones Industrial Average closes the week out about where it is, it will have gone negative on the year to the tune of some 3 percent. Because the Dow is Main Street’s index and the most-cited when the newspapers and local TV affiliates talk markets, this actually matters to people. Much will…