Beta is not a measure of volatility. It is a measure of RISK. It defines in numeric coefficient terms the riskiness of a specific security compared to overall market risk.

By: Joe Fitter

Index investors are overexposed to Tech and underexposed to Defensives and Traditional Cyclicals.

By: Daily Chartbook

As of end of 2023, effective interest rate on outstanding mortgage debt rose to 3.8%, highest since 2Q2020…

By: Liz Ann Sonders

Sales of previously owned homes rose 3.1% in January to 4 million units on a seasonally adjusted annualized basis, according to the National Association of Realtors. Sales were down 1.7% year over year.

By: Diana Olick (CNBC)

US corporations were holding a record $4.4 trillion in cash as of Q3.

By: Daily Chartbook

Visualizing Wealth Distribution in America (1990-2023) 🪙🪙🪙

By: James W.

The private equity industry has rediscovered its mojo. Bloomberg on the stunning change in sentiment around PE driven by peaking rates’ confidence bringing more predictability to the cost of capital.

By: Lyes Birem, CFA

Here's yet another sign that apartment supply will plunge in the second half of 2025 and into 2026: Multifamily permits continue to drop off, and in January 2024 hit the lowest levels since the COVID lockdown era. And there's little reason to expect that storyline to change any time soon.

By: Jay Parsons

US markets start to speculate if the next Fed move is up, not down - Bloomberg

By: Charles-Henry Monchau, CFA, CMT, CAIA

Chart of the day: Margin debt security dealers and brokers vs SP 500.

By: Andre Chelhot, CFA