S&P Earnings
Intersting charts from The Chart Store.
Worth a look and a bit of thinking about whether the market is cheap or not.
Sphere: Related Content
Is the bottom in?
It seems most of the market participants believe the bottom is in on the equity, with the Dow, S&P and Nasdaq way above the minimum of March after a 7 week (bear) Rally. I am not so convinced and therefore stay almost fully cash waiting for the true bottom to be in. If I am [...]
Volkswagen and the free market
Here’s something interesting. At an intraday high of 1,005€ (it was trading around 200 just a few days ago), Volkswagen has been for a few minutes the biggest company in the world for market capitalization. A whopping 380bn$. For a car-maker!!! Why this?
Pretty simple. The whole hedge fund world was short VW because it was [...]
Time to buy?
The FT is a great newspaper, I think the best, and publishes extremely interesting and thought-through articles. I’d like to share one with you, quite provoking on potential future scenarios.
A funny snippet here:
“…the wealth of the average 50-year-old is $900,000, of which only a quarter has anything to do with financial assets. Worryingly, however, almost [...]
Should I buy equity now?
Hopefully, the acute phase of the crisis is over. With the EU governments investing around 2trn€in different ways to sustain the credit markets (either through shares purchase, account guarantees etc), it seems that the risk of a systemic collapse of the financial world is now smaller than a few weeks ago. For this reason, markets [...]