Investors are ignoring two major risks to stocks, warns fund manager

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The market “doesn’t have to fall just because it has been trending up for over a decade,' says this fund manager

Is the stock market really going to melt down if the elusive phase one China-U.S. trade deal goes kaput?

The market “doesn’t have to fall just because it has been trending up for over a decade, but the valuation and expected return from this starting point are pretty simple,” he says. So in 1924, the dividend yield was 5% and the P/E was 10, which allowed for a lot of expansion, and earnings growth was higher than we’ve seen recently, he says.

— Mike Shell 🛡⚔️🇺🇸 November 16, 2019 The market Dow YM00, +0.01%, S&P ES00, +0.01% and Nasdaq NQ00, -0.03% futures were slightly higher. European stocks SXXP, -0.33% are softer and Asian markets ADOW, -0.84% closed in the red. The buzz TD Ameritrade AMTD, +1.82% and other brokerage shares rose after a report Charles Schwab SCHW, +0.79% may buy its rival broker. Schwab shares are down.

 

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

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Fund investors continue retreat from U.S. stocksInvestors pulled approximately $3.4 billion out of mutual funds and exchange tra...
Source: Reuters - 🏆 2. / 97 Read more »

Tech stock picks, IPO investing strategy from fund manager Jim Golan - Business InsiderA fund manager who's outshining 95% of his peers unpacks the secret weapons behind his top 2 tech stocks — and explains why he almost never invests in hot IPOs
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chinese investors are sinking cash into Hong Kong's stock market as protests escalate - Business InsiderThe Chinese buyers are enticed by cheap prices, as months-long protests pull Hong Kong into an economic recession and drag on its stock market.
Source: BusinessInsider - 🏆 729. / 51 Read more »