1143 days ago
BoA FMS - Average cash levels held by fund managers hits lowest since 2013
Still waiting for all that cash on the side-lines to flow into the market
1144 days ago
Announced US share buybacks on the rise
The chart below represents the year-to-date announced share buybacks in the US, and shows that for 2021, they are on the rise. In general, this is a good news for stock, as not only it shows that companies have confidence in their valuation, but it also reduces the number of shares available on markets, increasing the earnings per share as well as the share's value.
1144 days ago
Philippine large caps fall, small caps gain
The PSEi tumbled 7.4% in January, the worst performance among global equity benchmarks. The slump in large caps pushed investors to take a chance on riskier small caps. Much of the explosion in volume has been concentrated in smaller stocks such as Abra Mining & Industrial Corp., the nation’s most actively traded stock this year, accounting for 81% of the market’s daily transactions. Its shares are up about 70% since the start of January, fueled by return-hungry retail traders and speculation over investor interest in its gold mines. Source: Bloomberg
1144 days ago
Compare & contrast: 30 years of the Dow vs. Nikkei
When the Nikkei was last at 30k - the dow was worth 2500 - Now it is also worth 30k!!
