Investments
Talking Gold, Crypto, and More With Jan van Eck
In this special episode of Facts vs. Feelings, recorded live at Excell 2025 in Phoenix, hosts Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, sit down with Jan van Eck, CEO of VanEck, to discuss gold, crypto, ETFs, and the future of investing. From the history of the first U.S. …
Ryan Detrick
October 1, 2025
Are Stocks in a Bubble?
“By many measures, for example, equity prices are fairly highly valued.” Jerome Powell, Tuesday, September 23, Speech to the Providence Chamber of Commerce That recent comment by Fed Chair Jerome Powell helped spark the recent three-day selloff in equities. No, it wasn’t just that comment alone, but those words did add some worry for investors. …
Ryan Detrick
September 26, 2025
To The Ryder Cup’s Victor Goes The Outperformance
The Ryder Cup tees off this week. It’s sure to be a battle on the course. It’s also shown itself to be a battle for market returns. Since 2000, the winning team’s market has outperformed the loser’s market by an average of 1.6% into the end of the year! There may be both pride and …
Blake Anderson
September 25, 2025
Is This Like 1929? Not Really
Here we go again. The crash guy has been let out of his box. The Wall Street Journal had an article this week, where a fund manager says he sees conditions akin to 1929, when stocks crashed. The “silver lining” here is that he thinks this is like the early part of 1929, when stocks …
Sonu Varghese
September 24, 2025
No, This Isn’t 1929
In the latest episode of Facts vs Feelings, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, tackle the growing comparisons between today’s market and the 1929 crash. They cut through the noise on gold sentiment, small-cap strength, earnings growth, Fed policy, and consumer resilience—all in under 52 minutes. Key Takeaways …
Ryan Detrick
September 24, 2025
Small Caps Join the Party
“You’re killing me, Smalls!” Ham Porter to Scotty Smalls in The Sandlot We made it to fall! The weather should start to get cooler, the days are shorter, the leaves change, and football is in the air. Well, as a Cincinnati Bengals fan our season is over, but for the rest of you, there is …
Ryan Detrick
September 23, 2025
3 Takeaways from OpenAI Usage
OpenAI released an in-depth research paper detailing how users are employing ChatGPT. There are three takeaways that stood out to me: Usage is booming. Interactions are becoming higher quality. And users are increasingly using the model for non-work related topics. These datapoints tell a cohesive story: ChatGPT is becoming a more reliable counterpart in our …
Blake Anderson
September 22, 2025
Bonds: From Boring to Active
Navigating financial markets is always challenging, and this year has been no exception. Fixed income is an asset class that is often labeled as boring – which is realistically what we want it to be: boring and steady – but has been anything but. Over the past year, the U.S. Treasury yield curve has shifted …
Grant Engelbart
September 19, 2025
The Fed Cuts, but What Comes Next? Look to 2026
The Federal Reserve (Fed) cut rates 0.25%-points at their September meeting, taking their policy rate to the 4.0–4.25% range. This comes after a long nine-month pause but the move was widely expected, especially given recent data showing a rapidly cooling labor market. While investors did not expect an extra-large 0.5%-point cut (fed funds futures markets …
Sonu Varghese
September 18, 2025
S&P 500 Returns in 2025 Have Been a Story of Profitability
The Majority of S&P 500 Returns This Year Driven by Positive Fundamentals The S&P 500 price index has a year-to-date return of 12.0% (through September 12, 2025), and a total return (including dividends) of 13.0%. As many investors have witnessed, this has come on the back of a 25% total return in 2024, and 26.3% …
Sonu Varghese
September 18, 2025
Live From Excell With Dr. David Kelly
In the latest episode of Facts vs Feelings, recorded live at Excell 2025 in Phoenix, hosts Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, are joined by Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management. From jobs data revisions and labor supply challenges to the Fed’s upcoming rate …
Ryan Detrick
September 17, 2025
Let’s Talk About a Government Shutdown
“I don’t tell jokes. I watch the government and report the facts.” Roy Rogers In case there wasn’t enough bad news out there, now we have to worry about a potential government shutdown in two weeks on September 30. Congress has until then to fund the government or we could be looking at the first …
Ryan Detrick
September 16, 2025