More pain for investors lurks in 2023, warns the strategy team at BlackRock. In a new report, BlackRock contends that stock valuations don’t yet “reflect the damage ahead.” The money manager says it will “turn positive on equities” when it believes valuations fully reflect the “damage” on the horizon. One of the lead authors of the report — strategist Wei Li — told Yahoo Finance Live (video above) investors need to be on high alert for several factors that could bring the S&P 500 back… Source link
Read More »Stock market valuations don’t ‘reflect the damage ahead,’ BlackRock warns
More pain for investors lurks in 2023, warns the strategy team at BlackRock. In a new report, BlackRock contends that stock valuations don’t yet “reflect the damage ahead.” The money manager says it will “turn positive on equities” when it believes valuations fully reflect the “damage” on the horizon. One of the lead authors of the report — strategist Wei Li — told Yahoo Finance Live (video above) investors need to be on high alert for several factors that could bring the S&P 500 back… Source link
Read More »In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth
In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth Having sold most of his shares in Microsoft, Bill Gates doesn’t stand to gain nearly as much from the company’s market-topping Q2 as some of the other big shareholders. But it’s safe to say that both Gates and his well-known charity will be just fine. Gates is still worth more than $135 billion, according to Forbes, while the Bill & Melinda Gates Foundation Trust remains loaded with winning… Source link
Read More »Electric Vehicle Stocks Could Fall Victim To Runaway Valuations
Third-quarter earnings season is underway, and one of the most closely watched stocks just presented its scorecard: Tesla Inc. (NASDAQ:TSLA). Tesla reported record-breaking results, beating expectations on EPS and revenue. Though the company’s stock dropped briefly following the report, Tesla has been on a tear ever since, even crossing the $900 mark in early trading Friday morning. Those certainly are impressive top-and bottom-line growth numbers if the EV company is able to meet them,… Source link
Read More »The counterintuitive truth about stock market valuations: Morning Brief
Monday, November 23, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Market valuations aren’t mean reverting Stock market valuations can make investors nervous when elevated above long-term averages. And valuations are very much elevated right now. “The forward 12-month [price/earnings] ratio for the S&P 500 is 21.7,” Factset’s John Butters observed on Friday. “This P/E ratio is above the 5-year average (17.4) and above the 10-year… Source link
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