RCI™ Insights

 US small value stocks underperformed large growth stocks by about 4.5% per year over the past five years. Some investors have asked what went wrong with small value to garner such underperformance. Looking at returns over this period compared to the long term, we see the story is more about what went anomalously right for large growth. 

 Two years ago, the concentration of the U.S. stock market in its largest  companies looked high compared to recent history. Today, some might  say market concentration appears really high.

 At the end of 2024, the 10 largest companies in the S&P 500® Index  made up 37.3% of the index by market capitalization. 

  This week’s edition of “Three on Thursday” looks at the S&P 500 Index in 2024. Widely regarded as a barometer for the overall stock market, the S&P 500 Index tracks the performance of  500 of the largest companies listed on U.S. stock exchanges. The S&P 500 Index adopts a market-cap weighting approach, allocating a higher percentage of ....

In today’s fast-paced world, it’s easy to be overwhelmed by daily news cycles, which often focus on crises and challenges. But when we zoom out and take a long-term view, it’s clear that global living standards have improved dramatically over the past several decades. While no metric can capture this perfectly, three key indicators - life expectancy, poverty..

  Nov 29, 2023 US government debt reached 121% of the value of the country’s gross domestic product  (GDP) last year.1  Many investors have expressed concern over the impact that servicing  this level of debt could have on the stock market. But the historical data show little  relation between the two. Since 1975, there have been 153 ........

 Gold is sometimes touted as an effective tool for  protecting wealth from rising prices. But history  shows the challenges of using gold to offset the  impact of inflation. Since 1970, gold has experienced extreme  price swings when compared with changes in  the rate of inflation. An effective inflation-hedging tool should  have return volatility that is more on par with.....