Switching out of stocks and into cash before the onset of
a recession yields a performance bonus of more than 5 % over a simple buy - and - hold strategy.
Not exact matches
Low Quality's Round Trip Bad News Bulls Stock
Performance Following the Recognition of
Recession The Beginning of the Middle Experimenting with the Market's Median Valuation Anchored Inflation Expectations and the Expected Misery Index Consumer Spending Break - Down
Recessions and the Duration of Bad News Price - to - Sales Ratio May Prove Valuable International Markets Show Important Divergences Fixed Investment and the Technology Rally Global
Yield Curves, Earnings Growth, and Sector Returns
Recessions and Stock Prices Adjusting P / E Ratios for the Market Cycle Private Equity and Market Valuation Must Stocks Rise Following a Cut in the Fed Funds Rate?
Returning to Australia... The Australian banks are an excellent group of companies that: (i) are domiciled in a country with very high GDP per capita with excellent / extremely consistent economic
performance (high GDP growth / last
recession in 1991); (ii) have mid-teens ROE, near the top globally among developed economies; (iii) retain some of the highest capital ratios in the world (~ 15 % CET1 ratios, vs. Canadian banks at ~ 11 %); and finally (iv) have very high and reliable dividend
yields (between 7 - 9 %, generally).
His recent
performance suggests a less chance of a
recession in 2007 than the previous Fed studies on the
yield curve.