Financial Thought Leader, James Grant, Editor of Grant's Interest Rate Observer declares the 35 year
bull market over and sees few opportunities to replace it.
Therefore, we feel safe in stating that we have actually been in
a bull market over the last year or so.
With bonds being in
a bull market over the past 35 years, does the use of aggregate bonds with Global Equities Momentum (GEM) overstate future expected performance?
The three quality smart beta ETFs below have delivered respectable returns during
the bull market over the last year and, as expected from stocks with strong fundamentals, steady longer term returns (3 - year).
if we were not in a strong
bull market over much of the duration of the study.
Despite a strong
bull market over the last several years, the past year or so has not been without surprises and risks.
As rates have risen, investors have, once again, started asking the perennial question: Is the bond
bull market over and are rates normalizing?
I know that my success is not directly a result of hard work — it is more a result of building good habits, maximizing my value, and of course the luck of an insane
bull market over the past 7 years.
It's no surprise then that the tech sector has been at the forefront of
the bull market over the past year.
Is the bond
bull market over?
He notes, «Only 4
bull markets over the past 75 years had life spans which exceeded the current one.»
Let's start with a look at secular
bull markets over the past century.
Under his leadership, Heartland's Value Fund has been noted by Forbes as having «done well... in both bear and
bull markets over two market cycles.»
Not exact matches
Over the next decade, investors should learn to say «
bull market» in a few languages other than English.
Companies that have aggressive accounting where management is pulling the wool
over investors» eyes and artificially propping up their stock price can lead to solid returns, even in a
bull market.
Gold prices have seen a steady decline since a 2011 peak as the
bull market stretched on and riskier asset classes found favor
over safe havens.
A sharp sell - off in bond
markets this week spilled
over into global equities with jitters that a near 30 - year run
bull run for fixed income could be coming to an end.
The
bull market wasn't
over.
In 1987 stocks around the globe fell 40 % and many people said the
bull market was
over.
Then in 1989, 1990, 1994, 1997, 1998 there were many times when stocks collapsed and everybody was convinced the
bull market was
over.
High - definition camera manufacturer, GoPro has been blazing a trail with content
marketing in the action sports industry in a similar fashion to the power house
marketing giants
over at Red
Bull.
The
bull market in stocks is not
over, in our view.»
The
bull market the media haven't told you about... «Now here's the good news: The bear
market in gold is officially
over»...
One other point needs to be addressed:
Over and over I hear people declaring that the bull market is aging and ri
Over and
over I hear people declaring that the bull market is aging and ri
over I hear people declaring that the
bull market is aging and risky.
«If the 30 - year treasury goes above 3.22, its game
over for the bond
bull market.
But that relationship has been tested
over the life of this bond
bull market that saw double digit interest rates fall
over the past 30 + years, boosting the performance of long - term bonds.
The bond
bull market is now well
over 30 years in length.
Xiaomi's listing plans come as the company and its investors look to capitalize on a
bull run for the Hong Kong
market, with the benchmark Hang Seng Index rising about 27 percent
over the past year.
But even in a
bull market, it's about how much MORE you can make
over the benchmark.
Bulls feeling some pain as the
market has fallen $ 55 in 3 weeks, just when some thought gold was ripe for an upside breakout
over $ 1375.
One of the challenges pointed out by many is the fact that the 60/40 portfolio has been juiced
over the past 30 + years by the seemingly never - ending bond
bull market.
Without a doubt, this fooled many
bulls into thinking the worst of the broad
market correction was
over.
If current levels were to turn out, in hindsight, to be the final lows of this decline, I suspect that the overall return
over the next cycle (by the time we do observe a full 20 % loss) will be as tame as we've seen since the
bull market started in 2003.
The 13 year old
bull market was
over with a big bang when the internet and dot com bubble burst.
It doesn't matter whether one looks at basic measures such as median valuation multiples
over the past (
bull market) decade, or whether one uses a more complex discounted cash flow model.
The following article will attempt to argue why younger investors should focus on growth stocks
over dividend stocks in a
bull market with potentially rising interest rates.
When valuations move from depressed levels to historical extremes
over the span of several
market cycles, the result is a «secular
bull market» and headlines about permanently high plateaus.
The favorable
market performance associated with many historical economic expansions is fully accounted for by 1) favorable post-recession valuations, with the S&P 500 averaging less than 9 times prior peak earnings at the recession low, expanding to just
over 11 times peak earnings in the first year of the
bull market, and 2) favorable trend uniformity, which typically emerges almost immediately in the form of a powerful breadth thrust off of a bear
market low, and is confirmed within a few weeks by much broader trend uniformity.
Over the weekend, Barron's became the latest publication to question the underperformance of value strategies during the current
bull market.
After dipping to 2 % in September of 2017, the 10 - year U.S. Treasury has steadily climbed higher, prompting many bond pundits to declare the more than 30 - year
bull market in bonds officially
over.
We have been hearing the Bond
Bull Market ois
over for years.
«To illustrate the probable epilogue to the current bubble, we've calculated price targets for some of the glamour techs, based on current revenues per share, multiplied by the median price / revenue ratio
over the
bull market period 1991 - 1999.
«Recent record highs have extended months of investor optimism, and many rightfully are scratching their heads
over just how far this
bull market can run,» Loewengart says.
One risk that your readers have, given the disappointments they have suffered
over the past five years, is that they may mistake normal
bull market consolidation as having been a false start of a
bull market and mistakenly get themselves shaken out of owning a stock.
We can further confirm the conclusion of «stocks
over bonds» for investing in most inflation periods by looking at the real returns of long - term treasury bonds versus the total U.S. stock
market starting at the unprecedented and long - lived bond
bull market starting in 1982.
Remember, I last worked in the commercial banking and investment industry
over a decade ago, when the
bull market for gold and silver was just getting started and the best gold and silver mining stocks were soaring in share price.
Over the past two years, the behavior of the stock
market can be described less as an ongoing
bull market than as the extended topping phase of what is now the third financial bubble since 2000.
The only true test of a money manager's ability is if he can obtain above - average results
over a full cycle that includes both
bull and bear
markets.
After the third longest
bull market advance on record, fresh deterioration in key trend - following components within our measures of
market internals (see Support Drops Away) recently joined this extended, overvalued, overbought, overbullish peak, even as the S&P 500 hovers at the top of its monthly Bollinger bands (two standard deviations above the 20 - period average) and cyclical momentum rolls
over from a 9 - year high.
If you think AAPL will go down (and it might), that means the
Bull market is
over and you'll do much better shorting overpriced high - beta stocks.