Monthly Recap
A collection of 38 posts
’Tis the Season for Bad Forecasts
DECEMBER 2025 | A pullback, a rebound and a reminder to stay the course. Plus, Distributions Ahead, IVA Portfolio notes, the IVA Factor Tracker and a roundup of articles and analysis from the past month.
Investing Through the Fog
NOVEMBER 2025 | The Fed eases, data disappears and investors keep moving forward. Plus, IVA Portfolio notes, the IVA Factor Tracker and a roundup of analysis and articles from the past month.
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.
Calm Markets, Stormy Politics
SEPTEMBER 2025 | A quiet stretch for stocks and bonds, a noisy one in Washington. Also, Vanguard was fined—again. Plus, IVA Portfolio notes, Distributions Ahead, the IVA Factor Tracker and a roundup of articles and analysis from the past month.
Growth Slows. Stocks Don’t.
AUGUST 2025 | Stocks hit record highs despite tariff deals and deadlines. Plus, IVA Portfolio notes, the IVA Factor Tracker and a roundup of articles and analysis from the past month.
Stocks Erase Tariff Slump
JULY 2025 | Stocks recover from a near-bear market. Plus, IVA Portfolio notes, the IVA Factor Tracker and a roundup of articles and analysis from the past month.