Tag Archives | share markets

CAPE ratios source Barclays sml

The CAPE hanging over share markets

The widely-used cyclically adjusted price-to-earnings ratio (CAPE) is at historic and relative highs in the US. The co-inventor of CAPE, Robert Shiller, is advising not to give too much weight to US equities.

grey swans

10 grey swans to watch out for

‘Grey swans’ are surprises that are improbable but more likely to occur than ‘black swans’, and investors should consider the possible impact on their portfolios. Some of these swans will paddle by this year.

irrational exuberance

The Dow hitting 20,000 and what it hides

Investors celebrated when the Dow broke through the 20,000 mark last month, but in real terms, it’s a more sobering picture. Australian stocks in particular are struggling to reach their previous heights.

Stock market Olympics, and the winners are –

In some countries, stock markets have already surpassed their pre-GFC peaks. There are some surprising winners, and Australia lags despite our recent economic growth being the best in the developed world.

Register for our free weekly newsletter

New registrations receive free copies of our special investment ebooks.