What’s is the S&P 500’s real price-to-earnings (P/E) ratio anyway?
Tune into one media outlet and they claim, “The S&P only has a P/E of 16.2x”.
Another money manager states the “P/E is 17.0x”.
Still others suggest the P/E is currently at 17.8x.
What if I were to... Read More
China is often portrayed as kind of economic savior to the world. But are its prospects really that bullish for itself and elsewhere?
China’s economic growth plans for 2014 we’re laid out by the country’s top policy leaders at the just completed Central Economic Work Conference. And... Read More
In October 2004, the New York Yankees did the unthinkable. They blew a 3-0 lead and lost the World Series against their archrivals the Boston Red Sox. Is a similar epic collapse happening in the precious metals market?
After racking up a 144% gain from late 2008 to mid-2011, gold prices... Read More
Every single day we are barraged with an array of conflicting data about the stock market.
“Stocks are expensive,” says Guru A. In the same conversation, Guru B proclaims, “Stocks are cheap.” With the S&P 500 (NYSEARCA:SPY) hitting all-time highs, do stock valuations matter?
Using... Read More
Are ‘smart beta’ strategies really a new and better breed than competing investment strategies or just an innovative word trick for something else?
James Montier, a member of GMO’s asset allocationteam observes:
“When these strategies are corrected for their exposure to ‘value’... Read More