The Misuse of Market Valuation
The Misuse of Market Valuation

By Jack Forehand, CFA There is perhaps no piece of information that is more misused in equity investing than the valuation of the market. Whether someone has an agenda to show…

Stocks are not a Bargain Yet

In a recent Bloomberg article, columnist Nir Kaissar asserts that the U.S. stock market is not yet offering the “historic buying opportunity some investors have been waiting for.” In response…

The Inexact Science of Market Valuation

By Jack Forehand (@practicalquant) —   When it comes to market valuation, investors love certainty. They want to hear definitively that the market is cheap, or the market is expensive, and that…