Sat, Aug 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

No massive bubbles in sight 'except perhaps for real estate in China, government debts, bonds’

Friday, December 06, 2013

amb
Benedicte Gravrand, Opalesque Geneva:

As U.S. stock indices and some other asset prices are reaching dizzying heights this year despite low growth and high unemployment, many are worrying about possible bubbles.

Robert Shiller, won this year's Nobel Prize for economics, recently pinpointed the U.S. stock market and Brazilian property market as areas of concern, for example. Nomura Securities strategist Bob Janjuah warned that over the final three quarters of next year and into 2015, there "could be a 25% to 50% sell off in global stock markets."

However, Janet Yellen, the nominee to head the Federal Reserve, says the U.S. stock market is not in a bubble, judging by traditional valuation metrics. Former Federal Reserve Chairman Alan Greenspan seems to agree. Even with the rise in equities, the U.S. economy is restrained by a "degree of uncertainty" that is reducing investment, he told Bloomberg TV, adding that economists who forecast 2.5% to 3% growth next year may be too optimist......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest