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Bracketology (2025 Edition)

The Better Letter

Bracketology (2025 Edition) As my friend Mark Newfield likes to say , the Forecasters Hall of Fame has zero members. Duke math professor Jonathan Mattingly claimed the average college basketball fan has a far better chance of achieving bracket perfection than one in 9.2 Thanks for reading. And he’s right, of course. quintillion.

Numbers 75
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Wow, have you seen the stock market lately?

Mr. Money Mustache

So as stock investors here in 2025, were just like rental house investors finding that house prices have more than doubled while rents are only up by a bit. Its just basic math. Does it mean our entire economy is expected to grow much more quickly? What if the Earnings are Rising? What Does Warren Buffett Say?

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Transcript: John Hope Bryant

The Big Picture

And he’s really moving the needle in terms of having people take control of their own financial life in a way that benefits not just them but the entire economy and all of society. They’re an underground economy because they don’t trust the mainstream economy. These are not dumb people. RITHOLTZ: Right.

Banking 147
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Transcript: Mike Wilson, Morgan Stanley

The Big Picture

I mean, if you take out the government spending, you probably are on a recession in a private economy. And that’s your focus on government, both fiscal and monetary support for the economy. You’re looking at all these different aspects of the market, of the economy, of, of various government policies.

Valuation 162
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Transcript: Lisa Shalett, CIO Morgan Stanley

The Big Picture

You’re there almost a decade, Lisa Shalett : So, and, and from 2012 to 2025, that’s a huge run. 00:31:40 [Speaker Changed] So there’s the emotions and then there’s the math, right? We have a very robust economy. . ’cause we have the ability to offer these services to all our clients.

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Tuesday links: the diversification dilemma

Abnormal Returns

ft.com) Economy Heavy truck sales fell in February 2025. econbrowser.com) Economic growth was set to slow in 2025, even before DOGE-related uncertainty. mrzepczynski.blogspot.com) Earlier on Abnormal Returns Research links: more than math. abnormalreturns.com) The 2025 UBS Global Investment Returns Yearbook is out!

Retail 147
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Wednesday links: impossible choices

Abnormal Returns

theatlantic.com) Economy Interest rates can fall for good (and bad) reasons. downtownjoshbrown.com) The many ways tariffs could impact the economy. abnormalreturns.com) Research links: more than math. abnormalreturns.com) The 2025 UBS Global Investment Returns Yearbook is out!

Math 147