Sentences with phrase «u.s. average valuations»

Not exact matches

The latest valuations — according to Moodys / REAL Commercial Property Price Index — show prices for U.S. retail, industrial, apartment and office buildings have fallen on average by half from their mid-2007 high and are back at 2001 levels.

On the other hand, relative valuations are attractive: 10 - year U.S. Treasuries now yield about 150 bps more than the average among G - 7 peers1.

Even with some recent pullbacks, the P / E ratio of big U.S. companies, and the valuation of the market itself, are far above the international average.

As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.

Full valuations — Canadian and U.S. equity markets are trading at above - average valuations, while strong performance has also lifted overseas valuations.

Table 1 shows the excess returns for a number of valuation metrics within the U.S. Large Stocks universe, stocks trading in the U.S. with a market capitalization greater than average from 1964 to 2015.

The rout that erased $ 2.9 trillion from U.S. equities has pushed valuations in the Standard & Poor's 500 Index 25 percent below the average level from the last nine recessions, even as profit estimates fall.

We remain somewhat cautious on U.S. stocks due to valuations that are well above the historical average, but we also think the recent advance has been well - supported by fundamentals.

Brian Peery: Looking at U.S. equities, many valuation metrics are, on average, currently above historical norms.

On the other hand, relative valuations are attractive: 10 - year U.S. Treasuries now yield about 150 bps more than the average among G - 7 peers1.

And it's not just U.S. indexes like the Dow Jones Industrial Average and the S&P 500 that are at elevated levels, other measures of stock valuations are at or near record highs.

On the other hand, the S&P has soared an average 13.8 % a year over the past eight years and U.S. stock market valuations are undoubtedly rich.

«A number of fundamental valuation measures, including the ratio of home prices to household incomes and home prices to rents, suggest average U.S. housing prices are moving back in line with long - term trends,» says Warren.