1015 days ago
The housing market keeps getting more expensive in the US
New home prices hit yet another record in May, with a media sales price of $374,400, which is up 18% over last year, and 83% over 10 years ago.
1015 days ago
75% of S&P 500 stocks trading above their 200 day moving average
163 days and counting with 75% of S&P 500 stocks trading above their 200 day moving average, the most since 2013.
1015 days ago
Bull investors sees double digit gains on Indian markets in the coming years
Billionaire investor Rakesh Jhunjhunwala believes that the annual equity returns from Indian stocks will be about 5 percentage points above the economic growth of the country of 7-10% in the coming years. This man is the Warren Buffett of India because of his love of equity investing. The man is extremely bullish on this market which already offered outstanding returns this year.
1015 days ago
Education stocks have not been doing well in China
Shares of the largest Chinese private education companies are some of the worst performers of the year amid government crackdown aiming to ease student workloads and costs. Shares of Gaotu Techedu plunged 73%, TAL Education experienced a loss of 67% andNew Oriental Education & Technology Group is down 56%. Those three moves alone created a value loss of over $50 billion, showing how value can burn once Chinese regulators make decisions.
1016 days ago
Ratio of global equity market cap to world GDP at record high
Never had the global equity market such a high ratio compared to the world GDP. Now at 70% (meaning that the total equity market is as big as 70% of the world GDP). The last time the market reached a similar level was before the Dotcom bubble burst.
