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Real assets vs paper wealth

Let us examine two ongoing debates, one over the past three decades, and the other over the past 150 years. Ever since the ...

Third Avenue Value Fund Q3 2025 Commentary

For 3 months ended September 30, Third Avenue Value Fund returned 11.85%, as compared to the MSCI World Index, which returned ...
Livewire Markets

Market volatility won't fade quickly. Here's what outperformed in every crisis since 1994.

While not every pundit is calling a recession following Trump’s tariffs announcements ... The table below compares the ...

'A friend calls it the everything bubble': Why do so many economists fear a 1929-style crash?

Naturally, economists in 2025 would rather belong to the "Babson bailiwick" than the "Fisher fold." But is this rally really reminiscent of 1928? In one way, for sure: The laws of physics create a ...

Map Shows Which States Face Recession, and Which Are Growing

According to economist Mark Zandi, states representing nearly a third of U.S. GDP now find themselves on the brink of a ...