Macro Economy
A collection of 37 posts
Uncertainty Moves Gold, But Growth Moves Stocks
Why safe havens react—and productive assets still matter
A Greenland-Sized Shock
Traders react to rising U.S-Europe tensions | One volatile day, familiar lessons
Vanguard’s Market Call Comes With an Asterisk
MAILBAG | Vanguard’s latest outlook flips the classic portfolio on its head—but history, humility, and diversification still matter.
Big News, Small Market Moves
An incursion in Venezuela grabs attention—but not the markets
Shut Downs, Shake Ups and Staying Invested
OCTOBER 2025 | Spending time in the market paid off in the third quarter. Plus, my thoughts on a government shutdown, private assets, bitcoin and Morningstar buying CRSP. And, as always, IVA Portfolio notes, the IVA Factor Tracker and a roundup of articles and analysis from the past month.
Cut Rates, Concentrated Funds, and a Quiet Hire
Markets rally on the hope of lower interest rates | Sector funds are no longer diversified | Vanguard hired a head of private markets