Doug Ramsey, the chief investment officer at The Leuthold Group, points out an inconspicuous market event that coincided with new all-time highs for stocks.
"Those with true multi-generational wealth should probably have little or no exposure to a market trading at nearly 30x Normalized EPS," he said.In late August, as stocks were carving out fresh all-time highs, many investors were cheering the market's resiliency. After all, it's not every day that equities recover from a 30 percent-plus, global pandemic-induced, fastest-ever bear market with a vengeance.
Ramsey provided the following chart to provide visual context for his finding. Amid years of precipitous drops, the yield on a traditional 60/40 portfolio is the lowest it's ever been.To Ramsey, that's cause for concern — and his argument is rather straightforward. Allow him to explain. Considering that stocks are trading on the loftier side of historical valuations, Ramsey thinks investors may want to think twice before diving into the fray with both feet.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
All-time coronavirus cases have surpassed 30 million, doubling in the past 2 months - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is that before or after correcting the 96% over reporting the CDC recently revised? realDonaldTrump Mike_Pence FYI
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Barclays: Tech stocks are at levels not seen since the dot-com days - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Brrrr I'm wondering if political sentiments are effecting this too? Tech has largely become successful thru Democrat controlled k-12 education & academia. The reality is, it still hasn't met the needs of healthcare, banking, government, and a lot of industry.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Stock market investing strategy, contrarian ideas for election: MS - Business Insider2 senior PMs at Morgan Stanley's $665 billion investment-management business share their contrarian outlooks on the election, the stock market, and a vaccine — and break down how they are readying portfolios in advance
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Stock market outlook: 4 reasons equities can climb 'a lot' more, Tom Lee says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They can also go down a lot. Or the market can remain flat. See? I'm a stock market wizard too. Reason 1 The fed is handing out nearly free money that then goes into questionable stock buys, raising share prices artificially Duh.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »