Recently one of the mostly-followed corporate finance and valuation professor Aswath Damodaran has updated his metrix of the so called Equity Risk Premia (ERP) for countries around the globle. Unlike in recent year, this year the change in ERPs in some countries has been very significant. This is mostly because of the new phenomena that…
$PYPL (PayPal Holdings) quick facts: ✅ lost 70% top to recent bottom and 61% top to now ✅ major reasons for sell-off: 👉 Growth stocks hit on higher yields 👉 change in Fed’s stance from ultra dovish to hawkish in fight of inflation 👉 disappointing revenue and profit forecasts for 2022 👉 lower consumer spending…
We had a hell of a day yesterday with GlobalAlphaS portfolio up 5.04%. Main reasons for the performanace: 👉 Long equity hedges netted out in Feb/strat March 👉 Portfolio positioned to gain on the expected (and now materializing) rebound off the correction’s lows as situation around Ukrain descalates and 1st Fed rate hike is behind…
Many investors scratch their heads these days as to whether the current market circumstances we’re facing constitute a good buying opportunity for stocks. In this short article I am trying to assess this question from three different perspectives: macro, micro and technical. The macro perspective This point of view is possibly the biggest worry for…
Below you can see Wells Fargo’s latest Fed balance sheet size projections. Recently the Fed has: 👉 announced tapering (Autumn) 👉 begun tapering (Dec 2021) 👉 announced that they plan to speed up tapering vs. what they previously planned (from USD15bn/month to USD30bn/month) (announced after Dec FOMC meeting) 👉 announced that right after reaching net…
The year is slowly running its course and as December looms just around the corner, more and more institutions are issuing their equity strategies for next year. Before we dive into the next year’s predictions though let’s quickly have a run through what was up so far on equity markets in 2021: ✅ YTD performance…
Dear Copiers&Followers, Below you will find a very interesting article about how the Hedge Funds industry has performed so far this year. Here are the basic conclusions from my side: ◼ HFs still struggle to make a competitive race with ETFs and actively managed mutual funds. ◼ No single HF strategy has outperformed the $SPX500…
Dear Copiers&Followers, Those of you investing in Treasuries possibly wondered many times how to be best positioned in different economic environments. I have also got questions about that. So here’s a short playbook for those looking to maximize their performance in that respect. 𝗛𝗶𝗴𝗵 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 In times like now, when we have relatively high inflation…
Disclaimers: None of the ideas, views and thoughts presented here shall ever be taken as a recommendation to buy or sell stocks,bonds,FX,commodities or any other financial instruments as stated in REGULATION (EU) No 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive…
