The Journal
A Trek Blog

UNH: A Better Hand? A Better Player
Author: Fiona Zhang Imagine sitting down at a poker table and being dealt a difficult hand. The cards are not what you were hoping for.

Amateur Stock Traders May Underestimate Drawdown Risk
Author: Phil Wool, PhD “The tour we’ve taken through the last century proves that market irrationality of an extreme kind periodically erupts…investors wanting to do

Key Takeaways from Jay Powell’s Final FOMC as Fed Chair
Key Takeaways from Jay Powell’s Final FOMC as Fed ChairAuthor: Phil Wool Key Takeaways from Jay Powell’s Final FOMC as Fed ChairAuthor: Phil Wool, PhD

Europe’s Rearmament Illusion
🌍 Europe’s Rearmament Illusion 📊 The Hype vs. RealityEurope’s “rearmament trade” has investors excited, but the story behind it looks far weaker than the headlines

Oracle: Back… to the Future!
🕰️ Back… to the Future! Oracle’s latest earnings report surprised to the upside. Investors were encouraged by the company’s ongoing transformation from an old-school database

From Trade Wars to AI: Lessons for Investors
🌍 Globalization Reframed For years, America’s trade deficit with Asia has been seen as a loss. But there’s another side: U.S. companies outsourced production to lower-cost