The about turn in the market was surprising. Remember today is one of the Bradley Turns till July 28. For the skeptics, lets see if it really turns up.
Meanwhile, treasury yields are low, and stock market dividend yield is higher than that. This creates an agreement between two person which you don’t expect to do that:Marc Faber and Jeremy Siegel.
Siegel:
- ECB should insured the banks to stamp fear
- oil producing down shift is going to add purchasing power and cushion the downturn
- Europe stocks 8-9 times earnings
Faber:
- slow down in commodities
- china slow down
- everything looks bad and bearish
- ten year note yield < big blue chip stocks, good for the next 10 years
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- Should You Retire at 30 Years Old with $1 Million or Retire at 40 Years Old with $10 Million (As a Singaporean)? - January 29, 2023
- New 6-Month Singapore T-Bill in Early-February 2023 Be Lower, Ranging between a Yield of 3.8% to(for the Singaporean Savers) - January 26, 2023
- The Annoying Thing About Potential Frauds in the News. - January 24, 2023