U.S. stocks are on a 'suckers' rally' and a big pullback is possible, chief investment officer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The U.K.-based CIO said he expects a pullback in U.S. equities after the S&P 500 rose by 14% since the start of October.

The recent rise in stocks is a "sucker's rally," according to chief investment officer Peter Toogood. The CIO of U.K.-based financial services company Embark Group said he now expects a pullback in U.S. equities, after the S & P 500 rose by 14% since the start of October. Toogood said he is concerned over valuations since U.S. equities tend to trade at a P/E multiple of 20x, but yield on average 5% annually.

1 — higher than yields on bonds with a maturity greater than 5 years . However, the premium for carrying the risk of investing in stocks has not risen in tandem, according to Toogood. This means that stocks will have to either become cheaper to compensate for the increased risk, or risk premiums will have to decline to maintain current share prices. Bond prices — and their yields — also partly reflect future expectations on the rate of inflation.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

I love how these market experts say things with such conviction. A big pullback is “possible”. Lots of outcomes are possible.

This chief investment officer got caught short 100% he is trying to manipulate the market down , better for him to close his short and he should no go against the trend , the trend is your friend . Stop manipulate the market , no credibility .

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market news today: S&P 500 aims for 3rd straight winUS stocks edge higher as Treasury yields slip and investors await Powell testimony
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

This fund is trouncing the S&P 500 by focusing on international stocksThe Third Avenue Value Fund has outperformed the S&P 500 in 2022 and the early months of 2023.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

U.S. stocks open higher as S&P 500 attempts to extend Friday’s gainsU.S. stocks opened higher Monday, with the S&P 500 up slightly, as major indexes attempt to extend sharp gains booked Friday. The Dow Jones Industrial...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »