Stock-market bears are on the endangered-species list. More and more are morphing into bulls, including Interest Rate Observer publisher James Grant who says the deeper the slump the zipper the recovery (hat tip to Canadian Capitalist).
Boy, those bearish commentators just aren’t letting up. Their growling only gets louder. Perhaps there is going to be a correction of some sort after all, especially with stock markets up about 50% over the past six months.
A number of studies in peer-reviewed journals have looked at the impact of the media on stock markets. The most recent finds that a portfolio of stocks with no media coverage outperforms a portfolio of stocks with high media coverage by 3% annually (after adjusting for market, size, book-to-market, momentum, ...
Yields on the 30-year Treasury bonds hit a 2009 high in May when they touched 4.6% last week, almost double the 2.5% hit just six months ago, while oil has moved up to touch $68. What are we to make of these moments? Choose your interpretation.
What should we make of this odd market of the spring of 2009? Valuations have been moving up smartly, giving battered investors some kind of hope we’re into a new bull market. But what do we really have to get excited about? Let’s look at the pros and cons of ...
Wow. That didn't take long. After the price of oil crashed with the onset of the Great Recession, the price of crude is already back up to US$60. Gasoline prices are already on the rise, and that’s worrying.
Apr
15
Last night, 300 Chartered Financial Analysts gathered for dinner in an elegant ballroom at the local five-star Hilton. It was their annual forecast dinner. Two of the speakers gave forecasts that were persuasive -- yet diametrically opposed.
I came across an interesting article by The National Post's John Ivison today about Stephen Harper's market predicting capabilities.
The stock market is rallying through bad news in typical bottoming fashion but these are off-the-chart times and one wonders if the market could be underestimating just how bad things can get. That thought comes to mind after reading a Jan. 7 news release from TrimTabs Investment Research (which uses ...
1. Weren't stocks supposed to be sure bets for the long term? That's what some pundits are asking lately: the annualized gain (to June 30) in the S&P 500 is just 1.2% over the past 10 years. Hey, wait a minute one might counter — stocks still are good bets ...