If there is anything Wall Street does exceptionally well, it’s create investment products that generate fees. Analysis and insight? Not so much. Even when a product performs well though, if it happens to be the rare case that it doesn’t generate enough fees – watch out. It might get killed. Such is the case with…
The IPO market is making a strong rebound despite public caution, and the U.S. stock market should attract more capital now that Japanese and European pension fund managers earn zero return on U.S. Treasury Notes.
This week we show several contrary market indicators, which are positives for the stock market overall. We also feature a large alternative investment manager paying a 6.3% dividend, poised for a turnaround.
Wall Street’s latest plan to extract fees from clients comes in the form of “Robo-Advisors” – computerized programs that purport to substitute advice from a live investment advisor. On Friday, June 24, Betterment, a leading robo-advisor, arbitrarily decided to lock-out clients who wanted to trade in those fast market conditions.
Halliburton’s stock currently trades near $43, which is 47 times the 2017 earnings consensus street estimate. In our opinion, this is a prime example of how an industry turn does not necessarily make a stock in that industry a “buy”. Halliburton trading at 47x the 2017 estimate still is not cheap.
This week we feature a U.S. homebuilder with 40% upside to our target price over the next 24 months.
We expect this market volatility to be short-lived and will provide buying opportunities. Brexit is not a reason to sell. In fact, freedom and self-rule are good things.
This week we highlight S&P creating an 11th sector focused on Real Estate Investment Trusts, which will launch on September 1.
Next Thursday, June 23, Britons will cast their votes to either remain in, or leave, the European Union. Leaving would have far-reaching effects on the British, European and to a lesser degree – American, economies. Wall Street and The City are watching the polls closely. Economists and businesspeople are speculating on the impact of an exit…
India is now growing faster than all other major economies across the globe, up 7.6% for the year ended in March. With that growth, investment capital flows to India have increased as well, amounting to $4.1 billion in March and an additional $1.5 billion since April 1st. Many analysts credit Prime Minister Modi’s policies of opening up…
This week we discuss India’s GDP growth and the capital flows into the country.
This week we feature a facilities REIT paying a 7.7% annual dividend with significant capital gains potential over the next 24 months.