The Big Picture

MAY 5, 2023

Finally, it would be dangerous to extrapolate the post-1990 outperformance of US equities, as it mainly reflects rising relative valuations. The trend underscores the scale of the country’s affordable housing shortage and the ripple effects it has on the wider economy. ( But it’s still No. 1 by a long distance.

Startup 359

Startup Wealth Management Assets Management 359

Carson Wealth

JANUARY 16, 2024

We believe the odds of a recession remain low, with continued income growth, a recovery in rate-sensitive cyclical areas of the economy, and untapped potential for productivity gains helping to support the expansion. Market participants, strategists, policymakers, and the economy rarely saw eye to eye. We continue to favor the U.S.,

Investing 96

Investing Investments Marketing Marketing 96

The Big Picture

AUGUST 14, 2023

As the International Energy Agency put it, investment by the industry in clean fuels “is picking up” but “remains well short of where it needs to be.” ( New York Times ) • Do Valuations Even Matter For the Stock Market? Mind you, this is not valuations at screaming buy levels, just below average. That’s around 5% of the time.

Valuation 130

Valuation Budgeting Investing Investments 130

Abnormal Returns

JULY 20, 2023

Strategy Why stock market valuations are logically higher today than they were in the past. blog.validea.com) Finance Blackstone ($BX) now manages more than $1 trillion in assets. npr.org) Economy Jobless claims are not breaking out, yet. ofdollarsanddata.com) Why compounding is still unheralded. wsj.com) The U.S.

Financial Advising 130

Financial Advising Valuation Media Economy 130

Abnormal Returns

FEBRUARY 16, 2023

howardlindzon.com) Private assets Why private equity needs much better valuations. bloomberg.com) Economy What does a 'no landing' economic scenario look like? (nytimes.com) AI requires a lot of semiconductors. ft.com) Why where investors mark the portfolios can be all over the place. pragcap.com) Fidelity is hiring!

Financial Advising 147

Financial Advising Engineering Valuation Retail 147

Abnormal Returns

SEPTEMBER 22, 2022

Markets Market valuations are a lot more attractive than they were a year ago. mantaro.money) Media Jeff Jarvis, "If network prime time has lost its value, so have networks, so has television, so has broadcast." (morningstar.com) Breaking down which assets are still ripe for active management. blog.validea.com) Visualizing U.S.

Financial Advising 130

Financial Advising Media Valuation Assets 130

Abnormal Returns

NOVEMBER 1, 2022

Markets How major asset classes performed in October 2020. capitalspectator.com) Don't be surprised to see the stock market rally before the economy bottoms out. every.to) Q3 saw big drops in startup valuations. klementoninvesting.substack.com) Economy The Fed is most hurting the middle class through rising rates.

Accounting 130

Accounting Startup Financial Advising Valuation 130

Abnormal Returns

DECEMBER 15, 2022

Cea, co-author of "Beloved Economies: Transforming How We Work." theatlantic.com) In a bull market, no one argues about the valuation of private assets. Books A Q&A with Joanna L. annehelen.substack.com) A Q&A with Danield Pink author of "The Power of Regret: How Looking Backward Moves Us Forward." Then 2022 happened.

Manufacturing 130

Manufacturing Valuation Economy Assets 130

Validea

NOVEMBER 13, 2023

The two men produced the first systemic effort to determine the real or intrinsic price of a stock; using basic factors like earnings, dividend payouts, and assets held by the company, this method gave investors a way to select stocks that were trading at below their intrinsic value and therefore had a greater potential for profits down the line.

Investing 52

Investing Investments Valuation Economy 52

Advisor Perspectives

NOVEMBER 29, 2023

Now it has become part of the indexing landscape, competing for assets with other quantitative approaches. My guest today will explain why, in today's intangible asset-driven economy, traditional metrics like price to earnings and price to book face challenges, making free cash flow a more relevant valuation metric.

Portfolio 52

Portfolio Valuation Assets Economy 52

The Big Picture

FEBRUARY 9, 2023

If the labor market and the economy hold up, then the Fed would probably not feel inclined to lower interest rates in the back half of 2023, as futures pricing implies. trillion in fixed-income assets as a member of BlackRock’s Global Operating Committee and is Chairman of the firm-wide BlackRock Investment Council.

Economy 130

Economy Valuation Investing Investments 130

Truemind Capital

AUGUST 12, 2023

Despite being widely expected for many months, the recession has yet to materialize in the US and other developed economies. The recent rally in the market has made the valuations more expensive compared to historical standards. Valuations across all sectors do not offer any margin of safety.

Financial Market 52

Financial Market Asset Allocation Marketing Marketing 52

The Big Picture

AUGUST 1, 2023

are fast-growing, highly profitable key players in the modern economy. But we won’t know how big a losing trade it might be until early 2024, when we see the updated valuations. Investors hold asset classes, to benefit from long-term value creation and compounding. They were piling into private credit.

Economics 246

Economics Valuation Marketing Marketing 246

Truemind Capital

JANUARY 16, 2024

Most of the time, even the winners account for very low weight in the overall assets, resulting in miniscule contribution to the portfolio returns. For example, a stock rising by 100% in a year, if had a weightage of 1% in the overall assets, adds only 1% more return to the portfolio.

Financial Market 52

Financial Market Marketing Marketing Asset Allocation 52

Truemind Capital

APRIL 21, 2023

Equity Market Insights: The last quarter has seen one of the major shakeups from the prevailing easy situation over the last decade for the global economies. Thankfully, the Governments intervened to avoid major spillover effects on the overall economy. The rising risk of Global financial uncertainties affected Indian markets as well.

Financial Market 52

Financial Market Marketing Marketing Asset Allocation 52

The Big Picture

JULY 21, 2023

disinflation sweeps through 2023, without a cratering of employment or the wider economy so far, the narrative is shifting again – and encouraging hopes that bruising central bank tightening may be short-lived too. Valuations by Market Cap Range Source: @nategeraci Sign up for our reads-only mailing list here. Don’t buy it.

Engineering 239

Engineering Valuation Communication Media 239

Discipline Funds

JUNE 6, 2023

On one side you have optimists who have been saying that the US economy remains robust and on the other side you have pessimists who are worried about recession and a potential 2008 scenario. In our view we’re still in the “muddle through” camp as it pertains to the economy.

Economy 91

Economy Asset Allocation Valuation Communication 91

Truemind Capital

JANUARY 24, 2024

The world has accumulated a significant proportion of debt at low yields (thanks to reckless money printing) that any meaningful monetary tightening can plunge the economies into recession. Similarly today, easy monetary policy has boosted the equity market valuations. However, this is not going to be easy.

Portfolio 52

Portfolio Valuation Engineering Economics 52

Discipline Funds

SEPTEMBER 22, 2023

Consider your time horizons and personal asset-liability mismatch. What overbalancing does is keep your fully invested, but fully invested in a lower volatility portfolio at certain times where you’re especially uncomfortable with valuations or the broader economic outlook ( we would argue this is certainly one of those times ).

Portfolio 123

Portfolio Assets Insurance Investing 123

Validea

APRIL 19, 2024

As the top companies in the world’s largest economy, they are seen as the leaders of the digital economy and the faces of American innovation and global success. The strategy favors Facebook’s robust revenue growth, high profit margins, and strong return on assets.

Manufacturing 52

Manufacturing Sales License Economy 52

Truemind Capital

JANUARY 22, 2024

“IT mein deadly scope hai” “Gaon mein production badh raha hai toh rural economy mein bhi growth hoga” “Internet ki demand badh rahi hai toh internet companies ke stocks mein bhi growth hogi” Most of us have seen the wonderful ads by Smallcase advocating investing based on future growth prospects.

Investing 52

Investing Investments Asset Allocation Valuation 52

David Nelson

SEPTEMBER 26, 2022

Investors understand markets are discounting mechanism that look to perceived future cash flows to price an asset today. It doesn’t matter what the asset is, stocks, bonds, real estate or even art. We know it won’t be when the economy begins to regain traction. All are subject to the financial laws of nature.

Economy 98

Economy Assets Valuation Investing 98

Validea

DECEMBER 1, 2022

One singular truth to come out of the meme-stock frenzy of 2021 is that the price of stocks and other assets are determined by supply and demand, with demand being the factor that usually matters most. The argument could explain why valuations have been trending upwards for the past 4 decades, as the income gap has widened.

Marketing 52

Marketing Marketing Valuation Portfolio 52

Validea

AUGUST 17, 2022

No matter what metric you looked at, the peak valuations for growth stocks in mid-2021 were extreme. This is a chart of the valuation of the most expensive decile of our investable universe using the Price/Sales ratio. But even after that decline, the overall valuation remains about 30% above its average for the full period.

Valuation 78

Valuation Sales CFP Investing 78

Brown Advisory

OCTOBER 28, 2016

Asset Allocation: Caution Toward High Dividend Yielding Stocks achen Fri, 10/28/2016 - 11:25 Why Have High Dividend Yielding Sectors Done Well This Year? According to Morningstar, overall assets in dividend-focused ETFs and mutual funds have ballooned to $672.6 billion in assets they held in 2011. Reach for yield. Conclusion.

Asset Allocation 52

Asset Allocation Assets Valuation Banking 52

Brown Advisory

OCTOBER 28, 2016

Asset Allocation: Caution Toward High Dividend Yielding Stocks. According to Morningstar, overall assets in dividend-focused ETFs and mutual funds have ballooned to $672.6 billion in assets they held in 2011. Stretched Valuations. Fri, 10/28/2016 - 11:25. Why Have High Dividend Yielding Sectors Done Well This Year?

Asset Allocation 52

Asset Allocation Assets Valuation Banking 52

Validea

FEBRUARY 10, 2023

Shifting out of equities and into bonds may be the direction investors want to go, since equity valuations are still expensive, contends Ian Harnett, a chief investment strategist at Absolute Strategy Research. and at Japan, where the yen’s low valuation and the reopening of the economy could prove a winning investment.

Investing 59

Investing Investments Valuation Wealth Advisor 59

The Big Picture

FEBRUARY 6, 2024

So it’s, 00:09:11 [Speaker Changed] You’ve become an enterprise, it’s 10 x what it once was in terms of headcount, it’s much bigger in terms of assets. Then what enables that you have to have some asset ability capability that competitors can’t equally duplicate. I do keep a strong balance sheet.

Valuation 130

Valuation Investing Investments Assets 130

Truemind Capital

JUNE 30, 2022

After the subprime crisis in 2008, many developed countries’ Central Banks started printing money and flooding the global economies with cheap liquidity. The liquidity support since 2008 and massive stimulus post March 2020 has inflated all the asset prices be it equity, debt, or real estate. trillion to ~$8-8.5 Source: ICICI MF.

Asset Allocation 52

Asset Allocation Marketing Marketing Valuation 52

Trade Brains

MAY 2, 2023

These Peter Lynch Categories of Stocks were named Slow growers, Stalwarts, Fast growers, Cyclical, Asset plays, and Turnarounds. These stocks generally give a decent dividend (about 2-4%) and are a good asset during the recession as it’s very unlikely for their stock to crash too hard. For example, the State bank of India.

Assets 98

Assets Portfolio Banking Management 98

Validea

MAY 5, 2023

With valuations still high, the threat of a recession still looms over the economy, ushering in a prolonged period of low returns across the market, from stocks and real estate to corporate profits, as well as elevated inflation and unemployment rates. government debt which now has a solid return thanks to the inverted yield curve.

Economics 52

Economics Government Economy Banking 52

Validea

AUGUST 5, 2022

Marko Kolanovic of JPMorgan Chase & Co is sticking to his calls for risky assets in the second half of this year, expecting stocks to rebound, according to an article in Bloomberg. He highlights the increased presence of higher quality companies in the S&P 500 as a reason why “valuations look better than fairly valued.”

Valuation 64

Valuation Economy Banking Assets 64

Discipline Funds

MARCH 10, 2023

The assets change, the companies change, the people change. As irrational exuberance took hold of the markets we saw a huge surge in the valuations of private equity firms. They just had too much exposure to the boom and the subsequent bust that occurred in a particularly volatile part of the real economy.

Risk Management 135

Risk Management Banking Economy Valuation 135

Aleph

MARCH 25, 2023

After years of being a “superhero,” trying to create permanent prosperity, they have created an economy that has too much debt. After creating the problem where many bank assets are below par, they offer a one-year program allowing the banks to value the assets at par. Valuations are still extended.

Assets 64

Assets Banking Valuation Food 64

Nerd's Eye View

OCTOBER 4, 2023

People often talk about "the economy" as a single entity whose parts move in unison, with a small number of key indicators (such as GDP, the unemployment rate, and inflation) moving reliably in relation to each other. manufacturing sector, by the measures of employment and service prices, has been in a recession for nearly 12 months.

Valuation 204

Valuation Economics Economy Marketing 204

Nationwide Financial

APRIL 3, 2023

This either sets the stage for upward revisions as pessimism eases or suggests the S&P 500 has gotten ahead of itself, with a valuation of 18x forward earnings. Pessimists argue about still elevated inflation, tightening financial conditions, the risk to earnings estimates, and rising valuations.

Marketing 105

Marketing Marketing Valuation Economics 105

Nationwide Financial

NOVEMBER 28, 2022

For the year, the Russell 1000 Value Index is down just 6%, while the Russell 1000 Growth Index is down 25%, though the valuation for the value index remains at a substantial discount to growth (14x vs. 23x). Nearly two-thirds see investors as too bullish on asset prices.

Marketing 52

Marketing Marketing Retail Valuation 52