Everything published, newest first

Columns run Thursdays. Guest columns run when somebody good says yes, which is not on a schedule.

2026

This year
Column	Published
The market has repriced the rate path four times this year	Thursday, March 12
Small-cap liquidity is thinner than the index charts suggest	Thursday, March 5
Utility capex plans assume a load growth number nobody has stress-tested	Tuesday, February 24
Six lines in a cash flow statement	Wednesday, February 11
A heavy January calendar did what a heavy January calendar always does	Thursday, January 29
What your index fund quietly became	Thursday, January 15

2025

Still online
Column	Published
The December ritual, and the part of it that is actually about tax	Thursday, December 18

On older columns Columns older than the December piece have been retired rather than deleted. They were mostly about a rate environment that no longer exists, and leaving them up as though they were current commentary would be misleading. The about page explains the rule.

By subject

Rough tally since the column restarted
Subject	Columns
Rates and fixed income	3
Portfolio construction	2
Reading filings	1
Sector work (guests)	1

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