REITs, however, are affected by
market sentiment coupled with market reputation that significantly reduces the likelihood of decreased or no distributions.
Not exact matches
According to Hunt, long - term investors like PGIM see the longer - run
market fundamentals and
sentiment as «much more important than whether we get a bounce of a
couple of dollars on Brent today or not.
At present, we observe not only undervaluation
coupled with negative
sentiment, but also extreme volatility that has historically accompanied important
market troughs.
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.
The central issue is much more general: when extreme valuations and lopsided bullish
sentiment are joined by deterioration in
market internals, one faces an environment that
couples compressed risk premiums with increasing risk aversion.
Economic data in the United States have been a little more positive, showing, among other things, stronger - than - expected GDP growth in the second quarter, improvements in business
sentiment, a rise in capital goods orders and a small pick - up in industrial production in the past
couple of months, though the performance of the labour
market has so far remained disappointing.
It's clear, however, that consumer
sentiment coupled with some perceived barriers is dampening activity in the housing
market right now.
In this week's Stock
Market Video, Cabot Growth Investor and Cabot Top Ten Trader Chief Analyst Mike Cintolo remains relatively neutral while the market continues to chop sideways, but a couple of factors are making him more optimistic, including worsening investor sentiment (that's usually a good thing for the market) and improved price / volume action in some growth stocks, including a bunch that are making persistent advances, which he hasn't seen for many m
Market Video, Cabot Growth Investor and Cabot Top Ten Trader Chief Analyst Mike Cintolo remains relatively neutral while the
market continues to chop sideways, but a couple of factors are making him more optimistic, including worsening investor sentiment (that's usually a good thing for the market) and improved price / volume action in some growth stocks, including a bunch that are making persistent advances, which he hasn't seen for many m
market continues to chop sideways, but a
couple of factors are making him more optimistic, including worsening investor
sentiment (that's usually a good thing for the
market) and improved price / volume action in some growth stocks, including a bunch that are making persistent advances, which he hasn't seen for many m
market) and improved price / volume action in some growth stocks, including a bunch that are making persistent advances, which he hasn't seen for many months.
Subscribers and myself have been short the SP500 for a
couple weeks after watching the broad
market become overbought and
sentiment levels became overly bullish with greedy pigs thinking they could buy stocks after a massive month long rally that had not pullback.
The firm's office in Johannesburg has also rapidly expanded since its launch back in October 2015, from two to six partners reflecting the
sentiment that there is work to be had in South Africa yet; a recent report published by Baker McKenzie and Oxford Economics suggested the country's mergers and acquisitions (M&A)
market could grow by two - thirds in the next
couple of years.
Sentiment has been some what soft for the past
couple of weeks across the
market, with news flow not helping the situation.