Research
In-depth investment research and commentary from Litman Gregory and our Research Alliance

A Drunk Man in the Snow: The Random Walk of Interest Rates—Guggenheim Investments
Investors’ reach for yield puts downward pressure on 10-year Treasury rates, likely rendering the current yield unsustainable.

A Ripe Environment for Strong Credit Performance—Guggenheim Investments
Our positive 2021 economic outlook, combined with better-than-expected company fundamentals, supports strong credit performance and spreads.


What’s the Value of a Dollar?—BlackRock
Rick Rieder and team think that today’s potent policy cocktail holds key implications for economic growth, markets and the value of a dollar.

Munis Off to a Running Start—BlackRock
Market update from BlackRock's municipal bond team.

Financial Advisors’ Guide to 2021—BlackRock
Implications of the BII outlook for 2021 for portfolio construction.

Artisan Partners Investor Update Replays—Fourth Quarter 2020
Replays of Artisan Partners' most recent investor updates.

Monthly Commentaries—Artisan Partners
The most recent monthly commentaries for Artisan Partners are now available.

Student of the Market—BlackRock
Stay ahead of the markets with monthly insights from BlackRock.


Davis Select Financial ETF Annual Review 2021—Davis Advisors
For our bank holdings that possess sizeable investment banking businesses, the surge in trading and underwriting activity spurred on by the COVID-driven...

Davis Select U.S. Equity ETF Annual Review 2021—Davis Advisors
The extreme dispersion in returns and valuation makes today’s investment landscape a tale of two markets, as reflected in the enormous gap between the p...

Davis Select Worldwide ETF Annual Review 2021
As we look back at how the Davis Select Worldwide ETF portfolio of companies performed in the midst of a global pandemic and recession, we can see that ...

Davis Select International ETF Annual Review 2021—Davis Advisors
It is our expectation that oil demand will remain weak for the foreseeable future, as flying and driving slowly recover, and that over the long term, el...

Selected International Fund Annual Review 2021—Davis Advisors
There are good reasons to believe that the next decade will be a continuation of the trend of above average growth in China seen over the past four deca...

Davis Global Fund Annual Review 2021
We understand that in uncertain times such as these, it is more important than ever to be able to entrust your savings to an experienced and reliable in...

Davis International Fund Annual Review 2021
There are good reasons to believe that the next decade will be a continuation of the trend of above average growth in China seen over the past four deca...

Clipper Fund Annual Review 2021—Davis Advisors
The extreme dispersion in returns and valuation makes today’s investment landscape a tale of two markets, as reflected in the enormous gap between the p...

Davis New York Venture Fund Annual Review 2021—Davis Advisors
We have not seen such an extreme disconnect between price and value since the late 1990s at the height of the tech and telecom bubble.

Selected American Shares Annual Review 2021—Davis Advisors
Over more than five decades of successful investing, we have built wealth using a simple but powerful equation: Volatility − Emotion = Opportunity