In this article, I will analyze US equity styles from the ending of the gold standard to when the United States eclipsed 100% Debt to GDP in 2012. This is an important era to study because in 1972, the United States got off of the gold standard. The United States dollar was no longer backed…

If you’ve ever been told to put a portion of your portfolio in bonds, this article is for you. Bonds have been a cornerstone of mainstream financial advice for decades. They’re stable, they pay interest, and they’re supposed to protect you when stocks fall apart. But how did they actually perform over the last 39…

You’ve probably heard the advice to diversify your portfolio. It’s good advice. Most people believe that investing internationally is a smart way to do that. But what if the data tells a different story? In 1995, Vanguard made it possible for everyday investors to access international markets for the first time. Before that, if you…

For decades, traditional investing advice has told people to diversify internationally. The idea sounds smart on the surface. Don’t put all of your eggs in one basket. But what does the actual data say? This article will analyze how US and international stocks have performed since 1986 (the first year standardized international market data became…

If you’ve never heard of the M2 money supply you’re not alone. It’s not something that you learn about in school or hear on the news. Mainstream news focuses on the stock market, inflation, and unemployment. However, M2 is lurking in the background, and has been growing steadily at 6.6% per year since 1972. Once…

We’re going to look at how different types of US equity styles have performed since 1972, when the US left the gold standard. This will give us a complete picture of how equities have performed during the fiat world reserve currency era. Then, we’ll compare the returns to inflation and the money supply. Why those…