U.S. stocks have performed extremely well so far this year until the recently one day big decline. However rising stock prices have also led to the expansion of the Price/Earnings ratio. According to Niels Clemen Jensen of Absolute Return Partners, US stocks are currently trading at a massive 32x earnings even with cyclical adjustment. Writing in …
The S&P 500 is no longer represents the true state of the US economy. The current bull market in tech stocks has further pushed the concentration levels in the index. A few weeks ago an article in The Financial Post noted that the concentration level in the S&P 500 exceeds the level reached in the …
Continue reading ‘The Concentration of S&P 500 Exceeds Late 1990s’ »
The following 17 notable stocks reached their 52-week highs on Aug 12th, 2020. These stocks are from a wide range of industries ranging from logistics to paints. Rising online shopping is a big boon to delivery firms like Fedex and UPS. As people are stuck at home and unable to travel, many are renovating and …
Continue reading ‘Quick Post: 17 Stocks That Reached 52-Week High Recently’ »
The consumer staples sector is one of the sectors performing very well this year. While they have not rocketed like tech stocks the usually boring part of the equity market has found new-found attraction among investors due to the coronavirus pandemic. The following chart shows the year-to-date returns of the top five stocks in the …
Continue reading ‘Comparing the Returns of Consumer Staples Stocks Year-to-Date’ »
The U.S. equity market accounts for just over half of the global equity market capitalization. Developed markets outside of the US, emerging and frontier markets account for 46% of the world market capitalization. So investing in just US equities will not capture the potential growth of these markets according to an article by Wes Crill …
Continue reading ‘Market Capitalization of US vs. Other Equity Markets 2019: Chart’ »