Portfolio Management

Uncharted Territory for Stock Valuations April 17, 2018

Posted by Bryce Coward, CFA in Markets, Portfolio Management

Another month and another new high in equity valuations, at least relative to sales. Indeed, the median company in our developed world index (which covers the top 85% of companies in each country) just achieved a price to sales ratio that eclipsed the 2000 peak….

Read More

Energy Stocks Are Starting to Flow April 05, 2018

Posted by Steven Vannelli, CFA in Markets, Portfolio Management

Energy stocks are looking lively today, with energy the best performing sector in the US and second best performing sector in Europe. The likely reason for the buoyant performance is a continued improvement in fundamentals. Inventory data released yesterday showed a steady decline in crude…

Read More