The last time stocks were as “expensive” as they are right now was 15 years ago, right before the first bear market of the 21st century – the so called “dotcom” bust. So says Savita Subramanian, equity and quantitative strategist at Bank of America Merrill Lynch, writing that the current market valuation is near levels […]
Stock Market
Are You Dancing in the Market With Tina?
Charles C. Scott, founder of Pelleton Capital Management in Scottsdale, AZ was recently featured in an article by Stephen Pounds for Bankrate.com. Scott weighed in on staying in the market after the long run-up in stocks. When weighing whether to stay in the market after the long run-up in stocks or bail for an alternative investment, people […]
Home Town Bias
Mutual fund giant Vanguard recently released a report entitled The Global Case for Strategic Asset Allocation and an Examination of Home Bias. Home bias is the tendency of a nation’s investors to invest the majority of their assets in their own nation’s equities regardless of how much or how little their own home nation represents […]
The Stock Market is NOT Linked Directly to the Bond Market….Maybe
Are you favoring stocks right now because investment grade bonds are yielding a near 0% return? If so, Mark Hulbert, in a research piece published at MarketWatch.com, says that is a terrible rationale. To be fair, almost everyone seeks the return of stocks when bonds are yielding near zero. But his research shows that bond […]
We Don’t Seem to Like Stocks
The Gallup Organization released a poll revealing that only slightly more than half of Americans say they currently have money in the stock market, even including 401(k) and IRA holdings. What’s striking about the poll is that it is back to the lowest rate in the survey’s 19 year history. In 2007, nearly 2/3’s of […]
