The New Capital Journal
Financial news, views, advice, and guidance.
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Dimensional 2024 Matrix Book
Dimensional’s annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.
Dimensional 2023 Matrix Book
Dimensional’s annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.
Dimensional 2022 Matrix Book
Dimensional’s annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.
Where do we stand in the economic recovery?
This week, initial claims for unemployment insurance fell below one million for the first time since March, and retail sales eclipsed the pre-pandemic levels seen earlier this year.
Sustainable Investing Resources
72% of the U.S. population is interested in sustainable investing, yet many investors still find the space confusing.
David Booth on Value and Values
History shows that you can’t time stock returns. To capture the market’s historical premiums, you have to be patient.
Is the U.S. recession over?
The gradual yet bumpy reopening and rebound in economic activity begs the question: Is the recession over?
2020 Midyear Outlook
The coronavirus shock is accelerating structural trends in inequality, globalization, macro policy and sustainability.
ESG Funds Setting a Record Pace for Launches in 2020
A closer look at a few intriguing sustainable funds that were launched in the first half of 2020.
Large and In Charge? Giant Firms atop Market Is Nothing New.
While the types of businesses most prominent in the market vary through time, the fact that a small subset of companies’ stocks account for an outsized portion of the stock market is not new.
Home Bias: Overcoming Biases Against Global Stock Investing
The U.S. stock market may offer the comfort of familiarity, but investing in both U.S. and international markets can benefit those with long-term perspectives.
Will the Fed cause inflation?
Historically, an increase in the money supply leads to higher levels of inflation, but investors should remember that supply is only one driver of overall prices.
Dimensional 2020 Matrix Book
Dimensional’s annual survey of investment performance draws on historical data to look beyond short-term market fluctuations and shed light on the dimensions that explain differences in returns.
Diversification Can Feel Disappointing
A well-diversified portfolio is designed to help you achieve your long-term goals as well as limit your portfolio’s downs (and ups). But it doesn’t always feel good.
David Booth on Righting the Ship
Everyone wants to know when we’ll be able to get to the other side of COVID-19. Dimensional Founder David Booth shares what he’s seeing and why it gives him hope.
Spread the Word: What’s New with Valuation Ratios
Over the 10-year period ending March 31, 2020, the Fama/French US Value Research Index returned an annualized 5.06%, well behind the 13.04% achieved by the Fama/French US Growth Research Index.
The Bumpy Road to the Market’s Long-Term Average
It’s important to remember that returns in any given year may be sky-high, extremely poor, or somewhere in between.