FlowBank

1123 days ago

S&P 500 trailing 12-month P/E ratio well above 5 and 10-year average

The trailing 12-month ratio for the S&P 500 is at 31.7, well above the 5-year average of 21.4 and the 10-year average of 18.6. Massive liquidity has led to higher valuations in stocks.

#Stocks
S&P 500 trailing 12-month P/E ratio well above 5 and 10-year average

1123 days ago

We are a long way from fairly valued...

5-year average of 12-month trailing P/E for the S&P 500 a whopping 10 points lower.

#Stocks
We are a long way from fairly valued...

1123 days ago

Tech heavy ARK invest funds see bear market punishment

After Tesla, Roku and Square fell 24% off their recent highs, ARK fund outflow grew late last week. Source: WSJ

#Stocks

1123 days ago

Euro Stoxx 50 vs. FTSE 100 valuation gap presents an opportunity for UK bulls

Investors still not jumping in 2 feet first into UK invesments despite the vaccine progress and relative better earnings upgrades vs. EU.

#Stocks
Euro Stoxx 50 vs. FTSE 100 valuation gap presents an opportunity for UK bulls

1123 days ago

The gap between US interest rates and equity dividend yield is gone

The sharp sell-off in US bonds we've seen recently has made them very affordable, but that's still not enough to attract equity investors. People are still afraid that a coming inflation could endanger bonds, as fixed interest payment, by definition, are worth less if inflation arrives. Today, US 10-year yields are above 1.5% for the first time in a year, catching up the gap they had with the dividend yield of S&P 500 stocks.

#Stocks #Bonds
The gap between US interest rates and equity dividend yield is gone
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