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…
Tag: Market Valuation
Bloomberg Opinion: This is Looking More Like a Financial Crisis
Bloomberg Opinion: This is Looking More Like a Financial Crisis A recent article in Bloomberg argues that the current situation resembles the start of a financial crisis: “Businesses and banks…
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…
Is the Market Really Overpriced?
A recent Barron’s article shares an interview with Evercore Wealth Management’s chief investment officer John Apruzzese, who believes that the market is reasonably valued. He bases his view on the…
The Market May Not Be As Expensive As You Think
By Jack Forehand (@practicalquant) — The consensus opinion among followers of the market has been pretty consistent for some time now. The general belief is that the stock market is trading…
GMO Team Member Says Stocks are "Obscenely Overvalued"
In a paper published earlier this month, GMO’s James Montier argues that the stock market is in the grip of a “cynical bubble,” according to an article in Bloomberg. Montier…
Hulbert: This Timing Model Says Bull Market Has Peaked
According to one dependable valuation model, writes Mark Hulbert in a recent article for MarketWatch, stocks are now more overvalued than they have been since 1969. The model Hulbert cites…
Investors Betting on Record Stock Market Run
In two months, the stock market’s recovery from the financial crisis will reach nine years, according to a recent CNBC article. “To be aggressively optimistic on this stock market now…
Bloomberg on Overbought Market
A recent Bloomberg article reports that in the first week of December, U.S. stocks reached their “most overbought level in more than two decades, according to the relative-strength index.” The…