U.S. Stock Market Is ‘Overvalued, Overbought and Overbullish’: John Hussman
John Hussman…“Right now corporate profits are 70% above their historical norm”
Yahoo Finance has an excellent interview with fund manager John Hussman. Here are some other points of interest in the video.
Stocks are “overvalued, overbought, and overbullish” and there is “a bubble in profit margin across the entire corporate sector.”
In other words this market is making John Hussman very nervous and you shouldn’t get caught up in the stock market euphoria that is setting in after the monster first quarter.
The Bitcoin Implosion: 5 Signs of an Investing Bubble
From the Tulip Mania in the 17th century, tech stocks in the late 90’s,to Bitcoin over the last few months, it’s important to know when you are in an asset class bubble. Here are 5 warning signs from Yahoo Finance that signal you just may be in an investment bubble.
Market Bull Run is Not Over (Yet): Barry Ritholtz
Barry Ritholtz, director of Equity Research at Fusion IQ and blogger over at his Big Picture blog, does not believe the bull market run is over yet. He believes it is likely that we will have a small(ish) pullback this quarter, but the market will continue its run for now.
Retail Investors Are Being Fooled by Bernanke: Biderman
Retail investors have flooded the market with new funds in the first 4 months of the year. This is typical, as retail investors chase the gains they have witnessed in the markets. However, what most investors do not realize is that markets tops are not the safest time to buy and are in fact a time to be careful. Quantitative easing, the Fed’s policy of printing money to buy bonds, is one of the main drivers behind the current upward trending market.
U.S. Treasury’s Miller Says Too-Big-To-Fail Bailouts Are Over
US Treasury Department official Mary Miller states that “”No financial institution, regardless of its size, will be bailed out by taxpayers again” While this is a promising step in the right direction, I’m going to treat this with a healthy dose of skepticism until I see the government let a large financial institution fail.
Read The Article On Yahoo Finance
Adviser Designations Can Mislead Seniors, Consumer Bureau Says
Consumer Financial Protection Bureau is calling for more transparency about the “senior designations” many advisors sport. Suggestions range from a review type system for different advisors, a database that discloses the percentage of revenue financial salespeople derive from products, to a ratings system developed for the different designations.