In a recent CNBC interview, Oakmark portfolio manager Tony Coniaris shares insights on current valuations and investment strategy. Here are some of his comments: “Valuations are higher than normal, but…
Tag: Market Valuation
Market Cap-to-GDP valuations: The Buffett Indicator Revisited
A recent article in CFA Institute takes an in-depth look at the so-called Buffett Indicator, or market-cap divided by Gross Domestic Product, with a focus on whether it is applicable…
When Will the Market’s Expensive Price Levels Matter?
It’s hard to deny that stocks are a bit pricey, but a recent article in CNBC argues “there is plenty of nuance and subjectivity in assessing equity valuations.” The article…
Where’s the Beef? Where’s the Value?
By Justin J. Carbonneau (@jjcarbonneau) — “Where’s the beef”, the popular quip from the 1984 Wendy’s commercial showed three women looking at a big, fluffy bun with expectations of an…
Stocks Have Room to Run, According to New Valuation Gauge
A new valuation metric suggests that stocks have upside potential “despite being in the midst of the worst economic contraction of the postwar era.” This according to a recent article…
Is Now the Time to Invest in Non-U.S. Stocks?
A recent article in The Wall Street Journal ponders whether it now makes sense for investors to look to stocks in foreign developed and emerging markets—after their long stretch of…
Hulbert: Are “Irrationally Exuberant” Stock Investors Back?
Although there are rumblings that the market is approaching another period of “irrational exuberance,” a recent Wall Street Journal article by Mark Hulbert argues that a “close look at the…
Oxford Economics: U.S. Stocks Expensive
U.S. stocks are expensive no matter how you slice is, says Oxford Economics, and could “come under pressure as geopolitical tensions escalate.” This according to a recent article in Bloomberg.…
What GMO’s Ben Inker Says to Buy Instead of Stocks
Ben Inker, GMO’s head of asset allocation for over two decades, says that the recent stock market rally has priced in an “an optimistic resolution to the coronavirus crisis, while…
Market Is Not Overvalued, Says Bill Miller
Miller Value Partners founder Bill Miller does not see the market as overvalued, according to a recent CNBC article. “If you look at the overall market,” Miller said, “we’re trading…