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
After three years of rejection, MSCI has finally accepted China A-shares into its bellwether emerging markets index. http://www.reuters.com/article/us-msci-indexes-idUSKBN19B325?il=0 The move will be gradual, however, and [...]
After decades of preaching profit margin reversion, GMO’s Jeremy Grantham just recanted (pp. 9-16). His first-order evidence is presented in Chart 1 below. Something is [...]
A recent study from The Leuthold Group finds that most alpha claimed by factor investing occurs in bear market environments: We believe market phases or [...]
Interesting chart from JP Morgan, comparing intra-year drawdowns to calendar-year returns. In case you missed it.
We all know that the energy sector is troubled. But a 13% year-to-date loss in the flagship XLE hasn’t derailed an overall bull market. So [...]
“If you need an indicator to tell you whether sentiment is extreme, it’s not.” -Walter Deemer © 2012 Martin Thomas, Flickr | CC-BY [...]
Does Wednesday’s volatility spike vindicate those predicting an important market top based on super-low volatility? Not by historical experience. The chart below flags super-calm markets [...]
Now I’ve heard everything. Mark Mobius says low market volatility is tied to social media: Social media is having a huge impact,” the executive chairman of Templeton [...]