The Global Market Update
Douglas Tengdin, CFA is Chief Investment Officer at Charter Trust Company and author of the popular investment blog The Global Market Update. Tackling all things financial, economic, and investment-oriented. The Global Market Update has been in production since 2007. Through bubble-mania, market panics, irrational gloom, and new, new things, Doug tries to keep his head and his sense of humor.
Recent Blog Posts From Our Staff
Two things. Corporate buybacks and indexed funds. According to Ed Yardeni, these twin factors are driving today’s bull market from a flow-of-funds perspective: The bottom [...]
Valuations matter, but markets can ignore them for long stretches of time. The chart below from The Leuthold Group equates today’s valuation profile to that [...]
We keep hearing that Europe is reflating, but there’s no convincing evidence from the financial sector. Chart 1. U.S. financials versus S&P 500 [...]
Summary The sharp divergence between U.S. and non-U.S. equities is one of the most interesting anomalies in world markets today. Non-U.S. markets are multi-decade cheap [...]
A new study from Research Affiliates finds U.S. equities “currently overvalued but not as much as suggested by the historical averages.” Contrarian investors are advised [...]
We keep hearing that non-U.S. stocks have established a new bull market versus U.S. stocks. While acknowledging valuation extremes, we see no convincing evidence of [...]
In a recent report, we argued that the current bull market is more of a business cycle than a political cycle. The volume of “hate [...]
Highly reductionist, but interesting nonetheless. Comments, criticisms, rotten tomatoes?