SummaryStock benchmarks at elevated levels offer limited potential for upside.
Closed-end funds create strong alternatives for those looking to gain stock exposure.
NAV discounts and elevated dividends support the outlook for CEN and JGT.
Stock markets have shown some pretty clear trends in […]
Every quarter, JP Morgan Funds’ David Kelly produces a fantastic presentation on the markets and the economy. And in recent quarters, he has included this chart on S&P 500 inflection points.It tracks the S&P 500 since the 1990s as it made its way through two bubble and two crashes.The third and current rally in this chart always seemed more reasonable […]
Back in September, Barclays’ Barry Knapp slapped a 1,900 target for the S&P 500 in 2014.Relative to other global markets the firm covers, Barclays sees U.S. markets offering the lowest near-term return opportunity.”The US market has been the unambiguous leader in this current equity cycle,” noted Barclays in new research. “[W]ith the constraints elsewhere beginning to lift, we think […]
