The US equity market as represented by the S&P 500 has shot up by 21% YTD. While double-digit growth is excellent, the market has become overvalued especially when compared to other developed markets. So for a value-oriented investor better opportunities exist elsewhere. The S&P 500’s forward P/E is 21.0. This is much higher than the …
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The defense sector has been one of the big growth sectors for many years now and continues to grow further. The ongoing Russia-Ukraine war, middle-east conflicts and other geo-political risks around the world keep defense companies busy. I came across an article by Arian Neiron at VanEck in which he discussed the benefits of investing …
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The utility sector is usually considered as a stable sector that offers slow or no growth and strong dividends. For this reason it is one of the sectors preferred by income investors. The industry is regulated and its very rare for a company to fail. One such case was the crash of the Hawaiian Electric …
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The concentration in the US equity market has been running relatively high for the past few years. I have written many times on this topic as can be found here and here and here. Most of the time, I have discussed the concentration using the S&P 500 as the benchmark. However I came across an …
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The U.S. lags many regions of the world in terms of dividend yields. Hence investors looking for income can find better opportunities outside of the country. The dividend yields on US stocks have been on the decline for many years now due to tax policy and other factors. Currently the yield on the S&P 500 …
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