U.S. Stocks ‘Highly Overvalued’ But Remain Tied To Trump’s Favorability: Credit Suisse

The Trump trade might be overdone. Even after the post-Jan. 30 slide, following the president’s controversial executive order on immigration curbs on seven Muslim countries, U.S. stocks remain “highly overvalued,” relative to 2018 earnings expectations, according to Credit Suisse. “…on current 2018 expectations, U.S. stocks still look highly overvalued, with...

U.S. Stocks 'Highly Overvalued' But Remain Tied To Trump's Favorability: Credit Suisse

The Trump trade might be overdone. Even after the post-Jan. 30 slide, following the president’s controversial executive order on immigration curbs on seven Muslim countries, U.S. stocks remain “highly overvalued,” relative to 2018 earnings expectations, according to Credit Suisse. “…on current 2018 expectations, U.S. stocks still look highly overvalued, with...

Euro Divorce Costs Go Beyond Rising Target2 Balances

ECB President Mario Draghi recently told European Parliament MPs belonging to Italy’s Five-Star party that a country seeking to leave the eurosystem would need to settle in full its Target2 balances with the ECB. It marked the first time Draghi spoke of the financial consequences of a euro divorce, even...

Morgan Stanley: Fiscal Easing Will Not Raise Inflation

Morgan Stanley is backing moderate fiscal easing to drive growth in developed markets, saying they are in no danger of overheating. But timing and size of the fiscal easing might be key to containing potential inflation, the bank’s economists said in the Global Macro Briefing newsletter last week. “…experience from...

Senators’ Abnormal Gains Vanish After STOCK Act

Time was when U.S. senators enjoyed some “informational advantage” that helped them make some abnormal gains on the stock market – as much as 8.8% annualized. Such gains have vanished since an exposé by the legendary 60 Minutes television show, followed by the passage of the Stop Trading on...

Alluvial Likes Contura Energy Post-Bankruptcy

Dave Waters has vowed to show more patience with his investments after Alluvial Capital Management Global Focused Value Fund returned 10.8% last year, underperforming comparable indexes in the face of soaring U.S. small-caps and micro-caps. according to a letter to investor reviewed by ValueWalk. Also see 2016 Hedge Fund Letters Global Focused’s...

Macquarie Reiterates ‘Global China’ Strategy

China recently tightened capital controls. The moves, the strongest since the rising Asian giant introduced them in September 2015, are aimed to monitor outflows and manage the yuan. But they will, among other things, increase scrutiny of big-ticket foreign acquisitions. Regardless of the controls, and regardless of increased scrutiny of...

Macquarie Reiterates 'Global China' Strategy

China recently tightened capital controls. The moves, the strongest since the rising Asian giant introduced them in September 2015, are aimed to monitor outflows and manage the yuan. But they will, among other things, increase scrutiny of big-ticket foreign acquisitions. Regardless of the controls, and regardless of increased scrutiny of...

Best Waterproof Cases For iPhone 7 Plus

With the iPhone 7 Plus, Apple finally made its iconic phone water-resistant but not waterproof. Apple’s guarantee holds for depths of up to one meter for 30 minutes – not nearly enough for many users including swimmers and divers. But there are many accessories on the market that bring...

Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required


Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 12 subscribers take advantage whichever comes first – please do not share this discount with others

 

0