According to EPFR Global, money poured into stock funds at a faster pace over the last week than at any time since September of 2007. For those who may not immediately recognize the date as particularly significant, October 2007 kicked off one of the most volatile and bone-jarring bear markets in U.S. history.
By no means [...] [...more]
If you open a financial text¬†to uncover risk info on¬†different stock types, you’d probably find U.S. large cap stocks listed as “safer” than foreign stocks. And you’d probably find foreign stocks described as less volatile than emerging market stocks. The problem is… those books would be wrong.
Standardized measures of risk have… in many cases… shown¬†emerging¬†market [...] [...more]
Is it the never-ending, “New Normal” correction? Or is it the beginning of the bear’s salmon dinner?
Ironically, the financial media have decided that there are only two choices — a “new normal” or a bear market. There’s no room for¬†bullishness in the hot August heat.
Trailing P/E ratios, forward P/E ratios… does it even matter how [...] [...more]