Stocktake: Reasons not to be cheerful about stocks
One strategist says he has never seen market so highly valued in a time of such uncertainty
One strategist says he has never seen market so highly valued in a time of such uncertainty
Health threat posed by coronavirus means cheap stocks could still fall in value
We should be more understanding of bad decisions made in hot emotional states
A fact-based world view is more useful to investors than the siren song of news
Bears see this as temporary but bulls think profit margins have risen to a permanently higher plateau
Is it really that difficult to go against the herd? In a nutshell, yes
Why is herding such a problem in financial markets?
Stocktake: despite strong market rebound, stocks likely to retest recent lows
Expert predictions tend to be no more accurate than chance, research indicates
‘Don’t just do something, stand there’ might be best, like Buffett’s ‘benign neglect, bordering on sloth’
Stock-pickers promise gains in next slump despite years of underperformance by funds
The last time fund managers were nearly as concerned as now was in the late 1990s
Stocktake: market breadth is a crucial indicator of underlying market health
Sense of perspective required to put ‘big, scary numbers into context’
Daniel Kahneman and Amos Tversky paved the way for behavioural finance
The bubble burst in March 2000, proving that sometimes investors go bananas and rationality goes out the window
An increasing number of strategists believe we are in a secular bull market, with any decline likely to prove fleeting
Stocks soared after Federal Reserve said it would be ‘patient’ with hike rates
Investment managers are struggling to give advice as even emerging markets don’t look attractive
Companies and executives accused of moving from a value-creation approach to one of value extraction
The link between wealth and happiness is less strong than commonly assumed, but research suggests clever spending may yield benefits
Bulls are not convinced by indicators showing that the US market is severely overvalued
Most fund managers underperform their benchmarks and this is likely to continue
Are short sellers immoral parasites or clever analysts who help to expose ‘frauds, fads and failures’?
Given that hedge funds, have underperformed stock markets for each of the last five years, why do we still pay their exorbitant fees?
Quantitative screening techniques have shownit’s time for investors to get nerdy and ditch opinions
When it comes to selecting progressive stocks too many of us find ‘cognitive effort’ too much bother
A lifetime of research into dodgy decision-making has not helped Daniel Kahneman see the error of his ways
Emerging market stresses may be the story de jour
Studies of share performance indicate most investors would be better off tossing a coin
Crosswords & puzzles to keep you challenged and entertained
Full general election coverage including analysis and results for all 43 constituencies
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices