Does the Sharing Economy Really Know How to Share? As Michael A. Gayed pointed out, “Amazing how companies that enable the “sharing economy” make no profit, isn’t it?” The question to ask, does the sharing…
After Yield-Curve Inversions, Bond Yields Show No Really Clear Pattern A yield curve inversion is a necessary condition for a recession, but after yield-curve inversions, bond yields show no really clear pattern. Image: MSCI
Concentration of Stock Ownership by Wealth Bracket As the chart shows, the top 20% wealthiest American households own over 93% of stocks. You may also like “How the Composition of Wealth Changes from the Middle…
Sustainability Generates Better Risk-Adjusted Performance Many large institutional asset owners have embraced sustainable investing. Image: Robeco
After Yield-Curve Inversions, Stocks Show No Clear Pattern A yield curve inversion is a necessary condition for a recession, but after yield-curve inversions, stocks show no clear pattern. Image: MSCI
30-Year Mortgage Rates vs. 10-Year Treasury Yield There is a very high correlation between the 30-year mortgage rates and the 10-year treasury yield 30-year mortgage rates = 1.739 x (10-year treasury yield)² + 0.7755 x…
US Long-Term Mortgage Rates Decline: 30-Year Average 4.10% & 15-Year Average 3.57% Why US long-term mortgage rates decline? Mortgage costs are influenced by the 10-year Treasury yield which was lower this week, because the trade war…
Income Shares of the Top 1% in Various Countries The richest 1% of Americans take 20% of national income, but the richest 1% of the Dutch people only 6%. Denmark and the Netherlands are the…
U.S. Debt to Nominal GDP Ratios from 1975 to 2019 Government debt: 97.2% of Nominal GDPHousehold debt: 76.4% of Nominal GDPNon-financial corporate debt: 73.9% of Nominal GDP You may also like “Is U.S. Household Debt a Problem?“ Image:…
S&P 500 Valuation – Forward P/E Ratio – May 10, 2019 S&P 500 Valuation: Forward P/E Ratio is 16.5 and equal to the 5-year average, above the 10-Year average (14.7).Based on the forward P/E ratio,…
IPOs Tend to Underperform the Market The evidence shows that, despite their higher risk, initial public offerings make poor investments. You may also like “Unicorn IPOs, Are They Good Investments?“