Category Archive: Finance, No picture
The Q Ratio And Market Valuation: August Update – Wednesday, Sept. 5
Note: This update includes the August close data. The Q Ratio is a popular method of estimating the fair value of the stock market developed by Nobel Laureate James Tobin. It’s a fairly simple concept, but laborious to calculate. The Q Ratio is the total price of the market divided by the replacement cost of all […]
3 Top Dimensional Mutual Funds To Add To Your Portfolio
Founded in 1981, Dimensional Fund Advisor offers investment solutions from different asset classes to institutional and individual investors, investment consultants and financial advisors. It boasts more than 1,200 investment professionals across 13 offices in nine different countries from North America, Asia, and Europe. Dimensional had nearly $582 billion of assets under management as of Jun […]
Goldman’s Bear Market Indicator Shows Crash Dead Ahead, Asks “Should We Be Worried?”
One year ago, we reported that in its attempt to calculate the likelihood, and timing, of the next bear market, Goldman Sachs created a proprietary “Bear Market Risk Indicator” which at the time had shot up to 67% – a level last seen just before the 2000 and 2007 crashes – prompting Goldman to ask, rhetorically, “should […]
The Impact Of Rising Rates On Multifactor Strategies
With multifactor investing gaining traction in recent years, investors now have 440 multifactor ETFs and index mutual funds with a total of $74 billion in assets1 to choose from. The investing community has largely accepted and focused on five primary factors—size, value, quality, momentum and low volatility—which serve as the bedrock of multifactor funds to varying degrees. When WisdomTree was researching […]
Is The Stock Market Cheap? – Wednesday, September 5
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet. TTM P/E ratio = […]
Is The Stock Market Cheap? – Wednesday, Sept. 5
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet. TTM P/E ratio = […]
Crude Dollar Trade
On November 7, 1973, President Richard Nixon addressed the nation via a broadcast television appearance. The topic wasn’t what you might think. Rather than trying to reassure Americans about the unfolding Watergate scandal, Nixon instead attempted to encourage the country about its energy situation. The month before, Egypt and Syria had launched a surprise attack against Israel. […]
GBP/USD Rate Forecast: Rebound Mired By Downward Trending Channel
BRITISH POUND TALKING POINTS GBP/USD has filled the gap from earlier this week, with the exchange rate snapping the recent series of lower highs & lows, but the broader outlook warns of a further decline as pound-dollar continues to track the downward trending channel from earlier this year. GBP/USD RATE FORECAST: REBOUND MIRED BY DOWNWARD TRENDING CHANNEL […]
How US Multinationals Shifting Income To Foreign Countries Reduces Measured GDP
US corporations work their accounting system so that sales and profits turn up in non-U.S. jurisdictions (for example, here’ s description of the Double Irish Dutch Sandwich technique). One implication is that corporations pay lower US and overall taxes; another is that because of this shifting, measured US GDP is smaller than it would otherwise be. Karen […]
What To Expect From BOC Tonight
If BoC shuns from assuring a rate hike next month, Long USD/CAD? Bank of Canada (BOC) is expected to let rates remain unchanged tonight BoC has raised rates 4 times since mid-2017 with the latest increase in July. The odds of a rate hike slipped from 23% to 20% after GDP data fell short of […]
