More Charts
If the stock market closes higher this year, it’ll do something it’s never done before.The US stock market has been up for six consecutive calendar years — from 2009 to 2014. If it closes up in 2015 for the seventh year in a row, it’ll be the first time this happens ever.On Tuesday, DoubleLine Funds’ Jeffrey Gundlach unveiled his 2015 outlook for […]
Alliance Bernstein
One of the most common ways to measure stock market value is to take the price and divide it by earnings. This is the price-earnings, or P/E, ratio.
Trading at a P/E of around 16 times expected earnings, the S&P 500 appears to be expensive.But this is not to say that investors should dump stock because a sell-off is imminent.In […]
REUTERSEarlier today, Nuveen’s Bob Doll explained how he came to his 10 predictions for the markets in 2014.
Regarding stocks, he thinks it should be another up-year for the market.”On the back of very strong equity market performance in 2013, it is hard to conclude that equities haven’t “stolen” some 2014 returns,” he said. “Accordingly, while we think equities will experience […]
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 […]
