Category: Markets
Bruce’s U.K. View
Five year UK price chart shows a gently rising market in 2013 & 2014 followed by the decline in 2015 then the higher slope rising market in 2016 and 2017 then wobbles.
Bruce’s Europe View
Longer term Europe has generally followed the international equity market pattern.. It has finally breached the pre-financial crash levels.
Stock Market Forecast – Global
We expect the DJIA to reach 25,892 by the end of 2018 and perform slightly below the long-term average. In general, we expect stock markets to adjust to good economic conditions, both domestically and internationally, along with gradual increasing interest rates. Inflation is expected to remain contained for the short term while central bankers attempt to be magicians and unwind their balance sheets without restraining economic growth. History is in the making, let’s hope that calm markets and opportunity remain the status quo.
Stock Fair Value Brief, Volume 1: Issue: 1
Everyone appears to be waiting for something before they can decided where the market and the economy are headed. Ms. Yellen is waiting for inflation, Mr. Draghi is waiting for economic growth, some investors are waiting for earnings, others are waiting for a correction, and some just can’t believe growth can continue because, well, it has been going on for so long. Everyone is waiting for something else to occur. We have been concentrating on fair valuations and the changes within valuations for markets, sectors, industry groups and individual stocks. The message continues to indicate slow and steady growth with hesitations when the market gets ahead of itself.
Update USA Dividend Analysis
In the most recent quarter, 82.2% of large cap companies paid a dividend. This percentage drops for mid cap and small cap companies to 67.8% and 51.2%, respectively. As can be seen from these percentages, dividends are an important part of the investing process, especially in large cap allocations and even in the “growth” classification of small cap. Over ½ of the entire market pays a dividend at some level.