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“It infuriates me to be wrong when I know I’m right.” 

— Molière

US equities returned to their all-time highs this week despite all the worrying politics: tariffs, Fed-bashing, the BLS drama.

Or are markets up because of politics?

A new research paper finds that a high level of political disagreement is predictive of positive returns for stocks.

The authors used a large language model to create 216 “virtual investors” with differing political and social views, asked them how they’d react to years of stock market news, and found that the stocks sparking the most…

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