Its valuation is unappealing and it’s extremely top-heavy. If these variables revert to historical means, investors will sustain losses. “At times,” reckons Richard Saintvilus (“Trusting the Magnificent Seven Stocks,” Nasdaq.com, 14 November 2023), “it can be a struggle to believe in the overall direction of the stock market, particularly as uncertainty remains with … [Read more...] about Why the S&P 500’s Five-Year Prospects Are Poor
Archives for December 2023
Which are Riskier: stocks or bonds?
The answer has varied over the past 150 years; it also depends upon the CPI. Are investors now underrating both asset classes’ risks? It’s one of the most basic questions that investors face. Which are riskier: stocks or bonds? The answer is crucial because, as AQR put it (“A Changing Stock-Bond Correlation: Drivers and Implications,” Q1-2023), the “relationship between … [Read more...] about Which are Riskier: stocks or bonds?