The S&P 500 and the Dow Jones index closed at 16412 and 1865 respectively yesterday. The S&P 500 soared by 30% in 2013 and is flat so far this year. The index has had a spectacular run since the lows reached during the global financial crisis in early 2009. Here is a chart showing the …
Continue reading ‘Putting the Current Bull Market in Perspective’ »
Capitalism is making way for the age of free (Guardian) Star managers warn over rush into Europe (Trustnet) Is Russia too risky to buy now? What about China? (MoneyWeek) Shiozumi: Japan isn’t even halfway through its bull market (CityWire) European banks’ results: The long and winding road (DB Reseeach) Gen Y: Don’t believe the hype on home ownership (The Globe …
Continue reading ‘Knowledge is Power: Tax-Efficient Investing, European Banks, Japan Edition’ »
Most European equity markets performed very well last year. The performance has varied widely so far this year with a handful of markets such as Portugal, Denmark and Italy up by double digit percentages. While a few years ago investors abandoned stocks in the PIIGS countries now they are returning to these countries in the …
Continue reading ‘Hunting for Bargains Among European Stocks’ »
Higher economic growth does not necessarily mean higher equity returns especially in the long terms. Many research studies have confirmed this theory. On a similar vein, higher wealth generation as measured by real per capita GDP growth does not necessarily mean higher real equity returns. The correlation between these variables over the very long-term is …
Continue reading ‘On The Correaltion Between Real Per Capita GDP Growth and Equity Returns’ »
One of the questions facing investors in emerging market equities is whether they should buy stocks and hold for the long-term or even very long-term. Generally long-term can be defined as investment periods of 5-10 years while longer periods can be considered as the very long-term. In this article let us analyze this issue and try to come …
Continue reading ‘Should You Invest in Emerging Markets for the Very Long-Term ?’ »