Hints and tips:
...What is the trailing P/E ratio of the top-10 stocks in the S&P 500 today? They are more overvalued than the top-10 were in the tech bubble....
...While the US has a chronic lack of housing supply, tighter credit conditions should help....
...“As for [the Swiss bank], they didn’t even do a credit check on me,” he says....
...Some object to the extra layer of fees they charge; others note that managers were found during the credit crisis to have put money with fraudster Bernard Madoff, raising questions about the levels of due...
...The boom in debt issuance by corporate America has been good to S&P Global, the largest credit rating agency. Its shares have jumped a fifth in 2020, far outpacing its namesake S&P 500 index....
...Trust and confidence in the pensions system as a whole does not improve. Any change would be technically difficult and controversial....
...Constructing an ETF to track a big, liquid index such as the S&P 500 is no problem. Building one to follow an index of EM corporate bonds, for example, can be much harder....
...“So I thought I would put together a portfolio of S&P 500 stocks, with 85 per cent exposure, then used OEX [the S&P 100 index] positions as a hedge.”...
...Our level of trust in one another varies. And our willingness to undertake effort and engage in self-sacrifice is by no means constant....
...General Growth Properties soared 25 per cent to $1.80 and prompted a rally in real estate investment trusts after refinancing its debt....
...The recent Bernard Madoff scandal has only crowned the evaporation of trust between financial groups and investors that emerged after the collapse of Lehman Brothers....
...Developers Diversified Realty was among several real estate investment trusts to come under heavy selling pressure....
...Fund manager Artemis points out that the S&P 500 index moved up or down by more than 5 per cent in a day on no fewer than 44 occasions this year – 22 of them in October....
...The year also saw the first – less successful – forays into credit crunch fiction....
...Alternatively, Mr Draaisma says, they could follow the example of two investment legends of the early 20th century, Jesse Livermore and Bernard Baruch....
...A drop of 70% for the S+P is absolutely possible....
...“But I couldn’t fully trust it.”...
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