Should Equity Investors Fret Over the Strong Euro?
Continued strength in the euro would likely put increasing pressure on European corporate profits, and by extension European equity markets.
Authored by: Eric Winig
Still Pounding the Table on Quality
In a world of overvalued financial assets, high-quality shares look to be one of the last bargains left.
A Closer Look At Emerging Markets Equity Valuations
Emerging markets equities, while still attractive relative to developed markets, are not especially cheap in absolute terms.
Bull Market in Dividends
Recent dividend growth, while extreme, has not kept pace with either corporate earnings or equity prices, but payout ratios are right in line with historical averages once you look at cyclically adjusted earnings.
What Really Happens When the Fed Stops Tightening?
A sobering look at historical trends.
Non-U.S. Small Caps Look Rich
Prices of non-U.S. small caps have run ahead of fundamentals.
Gold – Barbarous Relic No More?
Despite its unique hedging characteristics, gold remains unsuitable for most investors.
Relative Valuations: Less Than Meets the Eye
Despite a near six-year run by small-cap and value stocks, the relative opportunity in large cap and growth is somewhat limited.
What`s Been Driving the EM Equity Rally?
While much of the rally has been powered by fundamentals (i.e., rapidly rising earnings), recent returns have been boosted by enormous fund inflows that suggest a bit of frothiness is creeping into the asset class.
U.K. Property Still on the Boil
Investors continue to pour money into the sector, but high prices and low yields are likely to damp long-term returns.