Sentences with phrase «equity valuation levels»

Higher numbers of mature working - age adults (ages 40 — 60) go hand in hand with higher equity valuation levels and lower yields.

Many factors have weighed on the markets this year including a Greek saga, Federal Reserve policy changes, and lofty equity valuation levels...

She says she is not worried about equity valuation levels or inflation and is telling investors to stay invested.

Not exact matches

«The bear market in valuations has already begun and supports our overall view that the next cyclical bear market in US equities may have already begun, but is being masked by an index price level that has fallen only 12 % thanks to the adrenaline shot to EPS from tax.»

Sara Silverstein: So just to start, what do you think about pressure on equity valuations at the levels that they are at right now?

«The level of valuations in the equity markets are not bubbles, but it's tough to argue any of the components of equity markets are undervalued globally, with the best example being the U.S.,» Davis told CNBC.

«The current equity market valuation is certainly stretched in historical terms but it does not appear unreasonable based on the high level of corporate profitability,» he said.

«While everyone is focused on valuation and bubbles (to some degree rightfully so), the fact remains that the last few years have been supported by a low level of net equity issuance that has, all else equal, supported prices,» says Dan Greenhaus, chief global strategist at BTIG.

The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity.

The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity.

Along with the steepest equity valuations in U.S. history outside of 1929 and 2000 (on measures that are actually reliably correlated with subsequent market returns), private and public debt burdens have reached the most extreme levels in history.

We view the present environment as an opportunity to add quality equity holdings at this level or at cheaper valuations.

These behavioral finance influences can skew a portfolio's overall allocations toward an overemphasis of potentially higher - yielding equities that in some instances may represent more downside risk than upside potential at current valuation levels.

One challenge to our growth investing strategy in 2018 may be the high level of investor skepticism surrounding current valuations for US equities in general, and for technology in particular.

The result is the most extreme level of equity market valuation on record.

Last week, the U.S. equity market climbed to the steepest valuation level in history, based on the valuation measures most highly correlated with actual subsequent S&P 500 10 - 12 year total returns, across a century of market cycles.

Our view for broader and stronger economic growth this year, with only slightly higher interest rates from current levels, is favorable for equity valuations — especially after the latest decline in equity prices.

Real estate, venture capital and private equity are also likely reaching above average valuation levels.

When valuations move from elevated levels to historical lows over the span of several market cycles, the result is a «secular bear market» and headlines about the permanent death of equities.

We allow that short - term interest rates may be pegged well below historical norms for several more years, and we know that for every year that short - term interest rates are held at zero (rather than a historically normal level of 4 %), one can «justify» equity valuations about 4 % above historical norms — a premium that removes that same 4 % from prospective future stock returns.

The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year.

Attractive valuations, favourable demographics and greatly improved corporate governance levels have led to Asia emerging as the ideal hunting ground for equity investors.

Both valuations and consumer sentiment may be at high levels, but with stable real yields, rising productivity and «normalised» valuations, the equity outlook is not necessarily negative — as long as economic growth continues.

In our 1Q2015 letter, we noted that equity - market valuations were at dangerous levels by three different measures: the CAPE ratio, the Q - ratio, and the Buffett indicator, which are discussed at length in our last letter.

Equity valuation worsened a little last week as U.S. inflation rose from 1.6 % in January to 2.0 % in February, a level that looks like a strong anchor for inflation (see below).

Some members of the FOMC apparently «commented that the recent decline in equity prices needs to be viewed in the context of overall valuation levels, which they saw as relatively high, and a couple noted that volatility had begun to subside,» according to the Fed's minutes.

Putting aside the performance of bonds during the bear market beginning in 1980 (both because the starting yields on Treasuries were so high but also because the bear market was relatively mild as the decline began from relatively low levels of valuation), what's interesting about the above chart is how dependably bonds protected a portfolio during equity bear markets.

There is some evidence that «valuation levels» e.g. Shiller's CAPE 10 ratio, have some predictive power when it comes equity performance a decade or so down the line.

«The Shanghai Composite in aggregate is now trading back well below average global equity valuations at the headline index level,» says Jonathan Garner, Morgan Stanley's Chief Asia and Emerging Market Equity Stratequity valuations at the headline index level,» says Jonathan Garner, Morgan Stanley's Chief Asia and Emerging Market Equity StratEquity Strategist.

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.

Until the developed stock markets retreat from record levels of valuation, we expect to have less portfolio exposure to equities going forward and more exposure to event driven situations such as liquidations and reorganizations that are not so dependent on the vicissitudes of the stock market for their investment return.

Individual issues in the Fund typically sell at reasonable valuation levels and are supported by above - average corporate profitability, accelerating earnings growth and low debt / equity ratios.

We allow that short - term interest rates may be pegged well below historical norms for several more years, and we know that for every year that short - term interest rates are held at zero (rather than a historically normal level of 4 %), one can «justify» equity valuations about 4 % above historical norms — a premium that removes that same 4 % from prospective future stock returns.

5, No. 2: pp. 54 - 63 DOI: 10.3905 / joi.5.2.54, also examined the link between equity returns at a market level and valuation measures.

After the purchase of EOP, I felt that equity REITs had reached valuation levels that not only discounted the lifetime of my children, but eternity as well.

At current levels of the market, the yield of these bonds more than compensates for the possibility of capital growth in equities (valuations are stretched)

On the contrary, since the 1940's, the ratio of equity market value to GDP has demonstrated a 90 % correlation with subsequent 10 - year total returns on the S&P 500 (see Investment, Speculation, Valuation, and Tinker Bell), and the present level is associated with projected annual total returns on the S&P 500 of just over 3 % annually.

With equity valuations at historically high levels, I understand being light on equities right now.

The level of the premium would depend on how much is allocated to equities and the valuation level of equities over that time frame.

Putting aside the performance of bonds during the bear market beginning in 1980 (both because the starting yields on Treasuries were so high but also because the bear market was relatively mild as the decline began from relatively low levels of valuation), what's interesting about the above chart is how dependably bonds protected a portfolio during equity bear markets.

Capital levels constrain business growth, so look at the return on equity to help modify what the proper valuation level should be.

«Although equity valuations do not appear to be rich relative to Treasury yields, equity prices are vulnerable to rises in term premiums to more normal levels, especially if a reversion was not motivated by positive news about economic growth,» the Fed said.