Robert Shiller: I’m still investing in the stock market
Follow Comments Following Comments Unfollow Comments Keynesian economists have cited the rising U.S. stock market as evidence that the economy is picking up steam. Then theyve been surprised by the unemployment and lack of hiring. The stock market, despite record highs, is not correlated to the performance of the overall economy. The misery index is an economic indicator of unemployment plus inflation.
22, 2014 11:57 a.m. ET Investors are warming to Vietnamese stocks, wagering on accelerating growth in an often overlooked economy. Rising share prices are encouraging the government, which owns many companies ranging from the country’s flagship airline to its largest brewery, to privatize by selling shares in Vietnam’s capital markets. Officials recently have signaled that they are proceeding with privatization plans, which has bolstered investors’…
Stock Market Today: A Buyout for A-B InBev and a Solid Quarter for Unilever
Fearful investors with bunkers full of cash and over-allocations to bonds continue to be held hostage to ultra-low interest rates and the anticipation of the losses that will accompany the inevitable rate hikes. High-quality equities remain one of the few reasonable alternatives when the great rotation occurs. A recovering housing market is likely to send a wealth effect rippling through the economy. The housing market is continuing to transition from purchasers who are investors and speculators to those who intend to occupy the homes they buy. Still, I believe the bias is to the upside, and the greater “risk” remains being out of a rising market rather than being caught in an overheated crashing market.
Is the stock market getting too overheated?
crude oil for March delivery, which will become the front-month contract Wednesday, rose 37 cents to $94.97. There was no settlement on Monday on the New York Mercantile Exchange due to a U.S. holiday. The Brent-WTI spread , which traded as tight as $11.16 on Friday, widened to settle at $11.76. ULSD settled 0.1 percent lower at $3.0147 a gallon, after racing as high as $3.0834 a barrel in advance of the snowstorm and cold front that could boost heating fuel demand.
Cyclical sectors remain weak and the financial space, which has been lagging since the open, has extended its loss to 2.1%. Elsewhere, the materials sector (-2.1%) is the only other group sporting a loss of 2.0% or more. Taking a deeper look into the financial space reveals broad weakness among top-weighted sector components. Bank of America (BAC 16.76, -0.39), Citigroup (C 50.61, -1.29), Goldman Sachs (GS 169.56, -4.12), and JPMorgan Chase (JPM 56.26, -1.33) all hold losses between 2.2% and 2.5% while the largest sector member, Wells Fargo (WFC 46.08, -0.59) trades in-line with the S&P 500.
Stock Market Update from Briefing.com
You can find out which stock it is in the special free report ” The Motley Fool’s Top Stock for 2014 .” Just click here to access the report and find out the name of this under-the-radar company. Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool recommends Coach. The Motley Fool owns shares of Coach.
U.S. Stock Market Weighs On Oil
Still, in exchange for the added leverage the company gets a foothold in a region that’s seeing much stronger sales growth than the United States. InBev’s stock is up 2.9% in premarket trading. Unilever’s stock is up 4% in premarket trading after the consumer goods company today reported strong fourth-quarter earnings results. Sales grew by 4.1% and operating profit jumped by 8%, as the company expanded profitability across all of its geographic regions and product categories.
Source: <a http://www.todayhotstocks.com/ href=’http://www.fool.com/investing/general/2014/01/21/stock-market-today-a-buyout-for-a-b-inbev-and-a-so.aspx’ >http://www.fool.com/investing/general/2014/01/21/stock-market-today-a-buyout-for-a-b-inbev-and-a-so.aspx
The stock market in 2014: up, but volatile
The flow will be uneven, as many will be saying the market is overvalued, causing investor skittishness as the year progresses. It will be a noticeable improvement in the economy that will accelerate Fed bond tapering, setting the stage for longer-term bond yields to again move higher. This means the bond market will continue its bearish trend, but the impact may not be as pronounced as many predict, if only because there is no inflation or wage pressure. But the general direction is upward, with the 10-year Treasury getting to the 4 percent range in 2015.
Stock Market Today: Coach’s Weak Holiday and United Technology’s Spiking Profits
(Read More: Housing market could be facing another bubble: Shiller ) In December, Shiller, who co-founded the Case-Shiller index of home prices, shared an equally bearish view on the U.S. housing market. He told CNBC that the market could be in the early stages of yet another bubble. “In the housing market, it has its own momentum right now as people see it coming back. We’re sort of in the beginnings of another housing bubble,” he said.