How April became the Pop Star of Equity Returns!
April has arrived. Hence, spring is in the air. Well, if you live in the Northern Hemisphere, that is. Apart from bringing more pleasant weather, April also tends to be […]
Tag Archives: Equity returns
Three charts on stock markets & volatility
The relationship between stock market returns and volatility is negative. Common investor knowledge, I presume. Since the start of this millennium the correlation between weekly changes in the VIX index […]
The World Cup Effect!
The World Cup is upon us! Just a few days left until the biggest sports event on earth gets underway. Soccer hysteria will take over daily life in many countries […]
Week End Blog – ECB policy, global trade, and rich valuations
This week was dominated by the ECB meeting on Thursday. While the ECB, again, refrained from changing its monetary policy, Draghi did seem to hint at some action in June, […]
Do Investors Anticipate Sell In May?
May has arrived and so the well-known investor rule to Sell in May is making headlines. In my experience the amount of media attention the Sell in May effect gets, […]
Quick Fact: GDP growth no guarantee for High Returns
Please take a look at the graph below. Since the start of the great recovery in stock markets worldwide in March of 2009, China has not been able to keep […]
As goes January, so not goes the year
The ‘as goes January, so goes the year’ phrase implies that the return on the stock market in January is a bellwether for the rest of the year. And since […]
Inflation and Returns: A review
Zero interest rates, an endless array of stimulative measures taken by central banks, and yet no sign of inflation. Quite the contrary. US inflation stands at only 1.2% and has […]
Quick Fact: The relationship between GDP growth and Equity Returns
The relationship between economic growth and equity returns is much debated. Not so strange if you look at the graph below. From a distance the two certainly look related. Click […]
Business Confidence And Stock Markets Around The World
Another wave of business confidence data (ISM, PMI’s, etc.) has reached the markets of late. As always, there were beats and misses. But over the last couple of months these […]
