934 days ago
Stocks are cheap, baby!
At least according to this chart showing S&P 500 stock valuations vs junk bonds...
934 days ago
US household's direct exposure to equities at record high
One of the scariest charts around right now is the US household equity exposure. We are firmly above the 2000 peak and at a 70-year high (i.e. since records began). What happens when the 'everything bubble' comes to an end? @Longview Economics
937 days ago
Deutsche Bank predicts ‘Hard’ equity valuation correction
“Valuation corrections don’t always require market pullbacks, but they do constrain returns,” the strategists wrote. “With the current cycle advancing very quickly, the risk that the correction is hard is growing.”
939 days ago
Homebuilder stock PulteGroup has issues acquiring key building materials
The Atlanta-based company, which previously said it had deliberately restricted home sales as it struggled to acquire windows and lumber, now expects to report 7,000 closings in the third quarter, down from a range of 7,300 to 7,600, according to a statement Wednesday. The company also cut its guidance for the full year. The shares fell more than 4% much in early trading. The stock had gained 22% this year through Tuesday’s close. @Bloomberg
