article thumbnail

Midyear Outlook 2022 | Navigating Turbulence | July 12, 2022

James Hendries

So far, this year hasn’t seen a full-blown crisis like 2008–2009 or 2020, but the ride has been very bumpy. Understandably, rising prices, slowing economic growth, and a challenging first half for both stocks and bonds have many investors on edge, and fatigue from more than two years of COVID-19 measures doesn’t make it any easier.

article thumbnail

Client Letter | Midyear Outlook 2022: Navigating Turbulence | July 12, 2022

James Hendries

So far, this year hasn’t seen a full-blown crisis like 2008- 2009 or 2020, but the ride has been very bumpy. Understandably, rising prices, slowing economic growth, and a challenging first half for both stocks and bonds have many investors on edge, and fatigue from more than two years of COVID-19 measures doesn’t make it any easier.

Clients 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Myth-Busting with Momentum: How to Pursue the Premium

ClearMoney

See, for example, the Fama/French US Momentum Factor’s return of –83.16% in 2009. Relative price: Refers to a company’s price, or the market value of its equity, in relation to another measure of economic value, such as book value. Up-momentum: Stocks ranking high on prior return relative to the market. Dimensional Japan Ltd.,

article thumbnail

Global Leaders Investment Letter: January 2021

Brown Advisory

When does crowd psychology take hope for economic return beyond what valuation can support? Or is it a convenient way to measure the relative economic value created between our starting and end points? And why do markets irregularly detach fundamentals from valuation to their own detriment? What does this actually mean?

article thumbnail

ESG and the Stock-­Picker’s Dilemma

Brown Advisory

While these efforts are valuable – they may eventually lead to well-defined ESG factors that resonate with economic principles – it is easy to forget that they cannot prove whether "ESG investing" can be a source of market-independent returns, or alpha. Resource and Energy Economics 41:103-121. Cavium, a U.S.-based Douglas, E.,

article thumbnail

ESG and the Stock-­Picker’s Dilemma

Brown Advisory

While these efforts are valuable – they may eventually lead to well-defined ESG factors that resonate with economic principles – it is easy to forget that they cannot prove whether "ESG investing" can be a source of market-independent returns, or alpha. Resource and Energy Economics 41:103-121. Cavium, a U.S.-based Douglas, E.,

article thumbnail

Transcript: John Hope Bryant

The Big Picture

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

Banking 143