S&P 500’s P/E Is Actually Lower Than Official Number, BofA Says
Changes to the market’s makeup call the validity of the multiple into question—and allow for even more market advances, per strategists.
Changes to the market’s makeup call the validity of the multiple into question—and allow for even more market advances, per strategists.
Instead of rebalancing quarterly or monthly, do it annually, and more strategically, the firm advises.
A number of strategies to navigate this new chaotic terrain fall short, but others come out OK if you don’t want to beat the market.
Investors will see that things aren’t getting much better, and that will reverse stocks’ recent surge, warns James Bianco.
Global economic forecasts offer somber, even gloomy, outlook for 2019.
LPL’s Lynch, impressed by the profit bonanza, thinks the bull market will extend into 2019.
While Wall Street proclaimed a new record on Wednesday, another view holds that the celebration must wait until 2021.
International markets to lead growth, active management to make a resurgence.