'A bull market for losers': A Wall Street expert blows the lid off a group of thriving stock-market 'deplorables' he says has no business drawing investment

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Vincent Deluard of INTL FCStone lays out a series of statistics that suggest overlooked weakness and vulnerability in the small-cap space.

, many of which he says are skating by and continuing to attract investment because of some unfortunate investor misunderstandings. At the center of his thesis is the overlooked fact that an inordinate number of small-cap companies are unprofitable — and have been for a long time.

Deluard surmises whether it's a coincidence that this outperformance occurred at a time when the value of bonds with negative yields exploded from near zero to $10 billion over the same period. It likely is not. An initial reaction one might have when presented with this data is to assume that the deplorable group is simply chock full of biotech companies, which are almost always money-losers until they have a drug breakthrough.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market's fourth-quarter crash and comeback draws comparisons on Wall Street to '87, '95Right now, Wall Street is spending a lot of time debating what year from the past looks most like 2019 – and what that means for the market outlook.
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street analysts this week are increasingly worried about Amazon hurting the stocks they coverCNBC combed through Wall Street research over the last week to see what stocks are feeling the Amazon effect. they just discovered this ? No shit ! And I’m a Wharton drop - out . Get lost
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street Week Ahead: Doubts increase that first quarter will be earnings low pointAs Wall Street braces for what may be the first U.S. profit decline since 2016, ... Thanks, Federal Reserve... Another Red Flag that A Trump/Republican’s Recession is going to happen. Hopefully it’s is not as severe as 2008 another Republican Recession. Let’s see what the first quarter GDP is. If it’s less than 3% then quit spending & prepare for many job losses. 'Earnings'? Have they EARNED them? They can always get a job.
Source: Reuters - 🏆 2. / 97 Read more »