Jonathan Baird CFA – Medium

Jonathan Baird CFA

The Vanishing Risk Premium: What Today’s Earnings Yield Spread Tells Us

A century of history shows we may be nearing another inflection point

2d ago

The Vanishing Risk Premium: What Today’s Earnings Yield Spread Tells Us

2d ago

The Market’s Blind Spot: Why Defensive Stocks Are Sending a Warning Signal

What the collapse in healthcare, staples, and utilities weighting says about investor risk — and what comes next

3d ago

The Market’s Blind Spot: Why Defensive Stocks Are Sending a Warning Signal

3d ago

From Decades to Days: What Falling Stock Holding Periods Say About Today’s Market Mood

How shrinking investor time horizons are signaling speculation — and why serious investors should pay close attention

4d ago

From Decades to Days: What Falling Stock Holding Periods Say About Today’s Market Mood

4d ago

Why Ultra-Low Fund Cash Levels Are a Warning Sign for Markets

What today’s aggressive positioning by fund managers tells us about risk and where smart investors can find opportunity

4d ago

Why Ultra-Low Fund Cash Levels Are a Warning Sign for Markets

4d ago

From Dominance to Decline: What 123 Years of Market Leadership Tells Us About the Future of Global…

The dramatic shifts in global market cap since 1900 reveal how political stability, war, currency, and trust shape investor outcomes — and…

4d ago

From Dominance to Decline: What 123 Years of Market Leadership Tells Us About the Future of Global…

4d ago

Chart of the Week: Big Tech’s Big Weight — and Big Risk

How Passive Investing and Market Concentration Are Creating Hidden Risks for the S&P 500

Jun 3

Chart of the Week: Big Tech’s Big Weight — and Big Risk

Jun 3

Inflation Expectations Hit 34-Year High: What That Means for Markets and Your Portfolio

As inflation expectations rise across the globe, investors must adapt to a changing risk landscape. Are your portfolios positioned for…

Jun 3

Inflation Expectations Hit 34-Year High: What That Means for Markets and Your Portfolio

Jun 3

Growth vs. Value: Why No Single Strategy Works in All Seasons

Understanding how market cycles shape the fortunes of growth and value investors — and why timing matters more than ideology

May 21

Growth vs. Value: Why No Single Strategy Works in All Seasons

May 21

📦 The Rise and Fall of Manufacturing Powers — And Why It Matters Today

Why China’s Reign Over Global Manufacturing Won’t Last — and Why a Trade War Could Backfire

May 20

📦 The Rise and Fall of Manufacturing Powers — And Why It Matters Today

May 20

The Highs and Lows of Real Interest Rates: What History Tells Us About What’s Coming Next

How extreme real interest rates — from Russia to Japan — signal deeper risks and opportunities for global investors in a volatile 2025.

May 19

The Highs and Lows of Real Interest Rates: What History Tells Us About What’s Coming Next

May 19

Jonathan Baird CFA

Jonathan Baird CFA

PUBLISHER OF THE GLOBAL INVESTMENT LETTER. AWARD-WINNING MONEY MANAGER. SPEAKER ON GEOPOLITICS AND MARKETS. www.globalinvestmentletter.com

Following

Help

Status

About

Careers

Press

Blog

Privacy

Rules

Terms

Text to speech