Japan’s Comeback Is Just Getting Started?
Written by Peter Churchouse, Stansberry Churchouse It was one of the biggest stock market and asset price bubbles in modern history… I’m talking about the Japan economic bubble that burst in 1992. From 1986 to 1991, the country saw staggering valuation explosions, totally detached from reality, across equities and real estate assets. From its peak in […]
Uranium Market Breaking Out, Looking Very Bullish
The uranium market is breaking out. That is happening just two weeks after InvestingHaven’s research team wrote their uranium forecast for 2018 and uranium stocks in 2018 ready to explode, two extremely valuable and spot-on pieces. Let’s get this straight: a couple of months ago we identified 15 points in URA ETF, the uranium miners stock, as the […]
Euro, British Pound Look Vulnerable As 2018 Draws Closer
The Euro has enjoyed an undeniably stellar 2017… With barely over a month left to go in 2017, it feels safe to say that the past year has been decidedly rosy for the Euro. That seemed improbable on January 1, when the currency was plagued by fears of eurosceptic triumph in several pivotal elections. Still […]
5 Charts Showing The Health Of The Banking Industry
The average price-to-earnings ratio of the S&P 500 is now 25, and the cyclically-adjusted price-to-earnings ratio is over 31. But the financial sector’s average price-to-earnings ratio is less than 17. Banks and insurers usually trade at lower valuations than the broad market, due to the amount of leverage and interest rate sensitivity they have compared to […]
A Look Back At The 1987 Crash
On the 30th anniversary of the 1987 stock market crash CNBC took a day-long trip down Memory Lane. Few of the guests and staff were on Wall Street or in the investment community in any capacity. I well remember that day and the selling that began a few months earlier and culminated with the crash. […]
5 Leisure & Travel Stocks To Benefit From Thanksgiving Vacation Plans
AAA, North America’s largest motoring and leisure travel organization, recently released a report saying that about 50.9 million Americans will travel 50 miles or more from home during Thanksgiving this year. This represents a 3.3% increase over 2016 with the weekend expected to witness the highest Thanksgiving travel volume over the last 12 years. A […]
Euro-Area Factory Output At 81-Month High In November
Manufacturing companies in the Euro-area sustained job creation and continued to attract new orders in November. The euro-area flash manufacturing Purchasing Managers’ Index climbed to 60.8 in November from 58.5 in October, according to the IHS Markit report released on Thursday. The highest expansion in 81 months. Also, the inflow of new orders climbed to the […]
Some Inconvenient Truths
The thing about the multiple expansion vs. earnings growth argument when it comes to what’s driving stocks it that, to quote Citi’s Tobias Levkovich, “so much depends on the starting point.” When he said that earlier this year, he was looking at things from the bull side of the debate, but as we wrote at […]
Why I Believe The Dollar Could Strengthen
Through my daily analysis in the Dollar index (link) I have been calling for a reversal while the price was testing the 95 price level. Now that the index has fallen back to 93, my alternative wave scenario that the rise from 91 to 95 was only wave A and the move to 93 is […]
Homebuilder ETFs In Focus On Upbeat Data
The U.S. housing market gained momentum in October on rebuilding efforts after successive hurricanes. This is especially true as existing home sales rose 2% to a seasonally adjusted annual rate of 5.48 million units. This is higher than September’s revised sales of 5.37 million units and Reuters’ expectation of 5.42 million units. However, existing home […]
