Sentences with phrase «points valuations because»

Not exact matches

On what the bull market needs to stay alive: «I think you need a catalyst because valuations are at the point now where, in my opinion, where it's going to be difficult to get sustainable earnings growth without capital spending,» said Trennert.

But as BMO Capital Markets analyst Tim Casey recently pointed out, the industry still appears to be on death row because of the «gradual but unrelenting erosion of revenues, operating margins and valuation multiples.»

They also warn that because of extended zero - interest policy by the Fed, security valuations have advanced to the point where prospective nominal total returns on a conventional portfolio mix are likely to average well below 2 % annually, with negative real returns, over the coming 12 - year period.

Buying something after it enters bubble territory can be very profitable, because huge gains will often occur AFTER valuation reaches a point where it no longer makes sense to a level - headed investor.

Indeed, because the level of interest rates at any point in time is highly correlated with the level of nominal economic growth over the preceding decade, the relationship between starting valuations and actual subsequent S&P 500 nominal total returns is nearly independent of interest rates.

Because Facebook's common stock is stripped of many of the preferences that the stock of investors like DST or Microsoft has, the valuation for the common stock will be the best indicator of the company's true worth at that point in time.

As a side - note, we prefer a 12 - year horizon when we discuss mean - reversion of valuations, because that's the point where the «autocorrelation profile» of valuations hits zero (meaning that overvaluation or undervaluation most reliably washes out over that horizon).

Wenger himself doesn't want to spend all in the name of «I have not got the right quality in the market, the prices are way above their actual valuation» etc. but even if he does buy, it's difficult to believe anything could easily change at the moment because he doesn't have guts to point fingers at players who even make serial mistakes e.g. xhaka in three consecutive games, his three mistaken passes have resulted into three goals which I doubt a coach like maurinho can tolerate.

From that standpoint, there's no chance that the 2009 low was the beginning of a secular bull, both because valuations weren't nearly low enough (prospective 10 - year returns briefly exceeded 10 % annually, but were nowhere close to those accompanying the beginning of previous secular bulls), and also because at present, valuations are already about the point where one would look for a secular bear to start.

I will let valuation stretch at those points, because there is more of a sustainable competitive advantage there.

My view is that it is best to maintain a moderate position in stocks at times of high valuation and that it is also best not to go too extreme on the high side in one's stock allocation at times of low valuation (because in the short - term stocks may drop sharply even from a starting point at which valuations are low).

* Accounting issues: in one sense this takes the fourth point to an extreme - the stock market's valuation of a company is flawed, not because it's focusing on the wrong metrics but because profits or other key financial data are being flattered or even fabricated by company management.

Those differences are informative, because they highlight points where market valuations — instead of normalizing — reached historic extremes at the end of the 10 - year projection horizon (1974, 1998 - 2000 and 2015, respectively).

He said that the 1.6 number was an outlier that was based on very few data points because we have never before in U.S. history seen valuations as high as those that applied in early 2000 (it was a P / E10 value in the low 30s that brought on the Great Depression).

That's because your $ 2500 in spend will earn you 7500 Ultimate Rewards points, and at a valuation of 2 cents per point, that's $ 150.

Public companies usually have higher valuations than private companies, because the shares are more liquid, more accessible, and the reporting / compliance requirements instill a level of trust from the point of view of investors.

The merger of Marriott and SPG can be very exciting for those of you who've been collecting points with one company or the other because it gives the opportunity to access more ways to use your points and in some instances get a higher valuation for your points.

So even though you might be able to get 100,000 sign - up bonus points for Hilton and 25,000 sign - on points for Starwood, because of the valuation, you might still come out ahead with the latter.