American [stock market] carnage
Economic uncertainty and frothy valuations jar with investor optimism
Valuations might be frothy but don’t seem nutty
World’s biggest game of Jenga
Plus Merton allocation, and the ‘magic’ GDP growth rate
Investor excitement over AI helps Big Tech once again drive gains in blue-chip S&P 500
Citigroup warns of looming tumult at end of strong year for equities
Inclusion in S&P 500 index and growth in operations drove share prices at Blackstone, KKR and Apollo to record highs
It is unclear why some companies have staying power
Software provider SAP responsible for two-fifths of all Frankfurt gains in year of political tumult
Does it matter though? Really?
Hargreaves to leave company after a mixed year
Plus credit spreads, and more on department stores
Wall Street strategists forecast S&P 500 will rise 8% by end of next year after big 2024 gains
With US equities at record valuation peaks, investors should re-examine their risk appetite
How UBS learned to stop worrying and love the rally
Quantifying irrationality is hard
Neither theory nor practice supports diligently adjusting your exposures
Prices, sentiment and time
Plus, China’s ‘Japanification’
Some investors worry we’re in bubble territory, but others think a new paradigm has arrived
Analysts point to lack of manufacturers that could be hit and high weighting in banks and oil stocks
Promise of corporate tax cuts helps Russell 2000 index eclipse 2021 record
When companies approach extreme price levels, gravity looms
Euro has tumbled as investors worry currency bloc will be on front line of trade war
