U.S. stocks

Examine why short-term economic forecasts often fail to match reality.

The Certain Uncertainty of Short-Run Economic Predictions

Bloomberg published an article near the end of December last year reporting outcomes from its latest monthly economic survey.1 Survey respondents included 38 economists who each offered a forecast for 2023. Like many at the time, the survey results were generally pessimistic about the economy. The survey’s median estimated growth rate for U.S. gross domestic […]

The Certain Uncertainty of Short-Run Economic Predictions Read More »

index concentration

Index Concentration: Have Some Indexes Become Too Top-Heavy?

Market indexes designed to represent total stock markets or broad subsets of a market are generally known to offer investors high levels of diversification. Many well-known indices, like the S&P 500® Index and Russell 3000® Index, hold hundreds or thousands of companies. Yet, by some measures, many major indexes appear more concentrated today than ever.

Index Concentration: Have Some Indexes Become Too Top-Heavy? Read More »