Mark Hulbert writes in MarketWatch that “all of [the small-cap] sector’s much-vaulted historical relative strength has come at the end of December and early January,” as reflected in the monthly…
Day: December 7, 2015
Re-defining Value
The value premium may seem to have disappeared. Since 1926, cheaper stocks have outperformed expensive ones by 400% according to data from Normura (see graph below). Since February 2007, however,…
Fidelity Magellan Manager is Betting on the Financial Sector and Starting to Examine the Beaten Up Energy Patch
Jeff Fiengold of Fidelity Magellan told Moringstar that his fund is overweight financials because he believes “the sector is cheap, and there is a prospect for improving fundamentals.” Overall, though,…
Ramsey Predicts 20-25% Bear Market
Doug Ramsey, CIO of Leuthold Weeden Capital Management, predicts a bear market. Although he expressed similar concerns in August, his past calls have been remarkably accurate and not consistently bearish.…