Start here
A simple reading path for understanding markets.
Begin with the concepts that make market headlines easier to understand: regimes, rates, context and behavior.
Step 1
What is a market regime?
Start with the basic idea: markets move through different environments, and context matters more than one headline.
Step 2
Why interest rates move stocks
Learn why rates influence valuations, financing conditions and how investors think about future profits.
Step 3
What risk-on and risk-off really mean
Understand how investor risk appetite changes and why markets can move together when confidence rises or falls.