Commentary

How to Avoid Another Lost Decade in Equities

The current speculative environment seems to increasingly resemble the Technology Bubble of 1999/2000. All bubbles eventually burst and the burst of the Tech Bubble led to the so-called lost decade in equities.

Commentary

Extending Time Horizons Is Critical to Building Wealth

The basic tenets of building wealth, like having a well-diversified portfolio with long time horizons, are not difficult concepts that are relatively easy to implement. So, why don’t people follow them? In our latest insight, we analyze several risk/return charts across multiple time horizons and reveal the results that investors tend to find surprising.

Commentary

2024 Fixed Income: Don’t Be a Hero

In what was supposed to be the “year of fixed income,” 2023 proved to be an OK year, but not a generational one. As we shift gears into 2024, spreads are tight, rates are low, and the market is pricing in a whopping six interest rate cuts before year-end.

Commentary

4 for '24: Year Ahead Outlook

2023 will likely go down in history as a year of extreme speculation. However, we believe there are once-in-a-generation investment opportunities for 2024 resulting from that overly speculative myopia.

Commentary

Global Valuations: A Rubber Band Poised to Snap

History shows that returns are greatest when capital is scarce. But investors need to also realize that risks escalate when there is a glut of capital.

Commentary

Magnificence Beyond the Magnificent 7

Whether famous or infamous, the Magnificent 7 stocks have been 2023’s stock market story. However, the fundamentals of the Magnificent 7 aren't uniquely superior, and the breadth and depth of other growth opportunities seems historically large and attractive. In our latest insight, we complete an analysis of US companies with expected earnings growth greater than 25% and compare it against the Magnificent 7 stocks.

Commentary

A Once-In-A-Generation Opportunity

Read our latest insight to learn why we believe the economy isn't landing but that we see profits taking off suggesting a once-in-a-generation investment opportunity.

Commentary

Opportunities in Fixed Income

In our latest fixed income insight, we highlight four compelling investments for the remainder of 2023 and into 2024.

Commentary

Is Investing Really This Easy?

Read our quick insight to learn why investors should be careful when Wall Street starts to feel like Easy Street.

Commentary

Investors’ Shift From Fear to Greed Presents Historic Opportunities

We started RBA in 2009 primarily because we thought the US stock market was entering one of the biggest bull markets of our careers. However, most investors did not agree with our bullishness. Now, risk aversion seems a thing of the past.

Commentary

Charts for the beach

It’s time for our annual August report, “Charts for the Beach.” Each year we highlight five of our favorite charts we think consensus is currently overlooking. So, head for the beach, but be safe and heed the warning about the critical lifeguard shortages. Yet another sign the labor markets are historically tight!

Commentary

One for Millennials and Gen Z

Building wealth isn't difficult, so why don't people do it? As younger generations reach the point where they have finally saved enough to begin investing it may seem overwhelming to know where to start.

Commentary

It’s Simple Speculation, Not a Preference For Quality

Many stock market observers have commented regarding the market’s narrow leadership. However, few observers agree why this narrow leadership is occurring. Some, like us, believe it's purely speculation and others believe there's fundamental justification for it.

Commentary

How Are New Bulls Born?

It has been over seven months since the October lows, and during this time, the S&P 500® has rallied over 19%. Naturally, investors are pondering whether this marks the beginning of a new bull market.

Commentary

Defaults Accelerating: Beware the Coming Credit Crunch

A quick PSA from RBA: Beware of the coming credit crunch. The key goal of tightening monetary policy is to reduce the flow of credit. It is also important to note that the weakest links always default first. This cycle is so far no different.