Previous 10 | Next 10 |
For the ninth month in a row, equity CEFs on average posted positive returns, rising 0.18% on an NAV basis for July. While for the fifth month running, fixed-income CEFs posted plus-side returns (+0.60%). Thirty-four percent of all CEFs traded at a premium to their NAV, with 32% o...
GMI’s 10-year Sharpe ratio (SR) edged up for a fifth straight month to 0.86, the highest since January 2020, based on a rolling ten-year window via monthly data. Profiling GMI through a drawdown lens also reflects an extended stretch of low risk. GMI is useful as a baseline...
The projected risk premium for the Global Market held steady in July at an annualized 6.0%, unchanged from the previous month. Despite the recent bounce, GMI’s trailing 10-year performance remains well below the previous 8%-plus peak. No one really knows what risk premia wi...
June numbers show continued strength, which will likely continue into the second half of 2021. Long-term rates were mostly muted but with a flatter curve, implying that investors are pulling forward the timing of Federal Reserve's asset-purchase tapering and rates lift-off. June's...
Risk-adjusted performance for the Global Market Index (GMI) continued to push higher in June, based on the annualized Sharpe ratio for a rolling ten-year window via monthly data. GMI’s 10-year SR increased to 0.84, the highest in 18 months. GMI is an unmanaged, market-value...
The expected risk premium for the Global Market Index (GMI) resumed an upward drift in June, rising to an annualized 6.0%. The current risk premium forecast for GMI - 6.0% - suggests that multi-asset-class strategies will generate lower returns relative to results posted in recent yea...
MSCI US REIT Index rallied 2.7% in June, which marks an impressive run of eight consecutive monthly increases. The Russell 3000 Index jumped 2.5% in June, the fifth straight monthly advance. Comparing GMI to US stocks and bonds shows that global asset allocation remains competitiv...
With the economic recovery undeniably ramping up, we ask managers for their thoughts on valuations in the markets. While lockdowns were protracted affairs for so many of us, the economic recovery has been astoundingly rapid in many parts of the world. Regardless of the shift in to...
Certainly a case can be made that some of the recent price movement has been related to declining real long term yields. Rent/price yields are not uniform across cities. They decrease systematically where rents are high. In the mid-20th century, housing yields remained stable beca...
Fast-rising inflation could have major economic consequences with implications that reach far beyond the checkout aisle. The best-known measure of inflation, the Consumer Price Index [CPI], rose 5% in May 2021 compared with the same month last year — the biggest annual rise sin...
News, Short Squeeze, Breakout and More Instantly...
Western Asset Inflation-Linked Opportunities & Income Fund Company Name:
WIW Stock Symbol:
NYSE Market:
2024-07-18 05:00:37 ET At my CEF Insider service, we’ve been bullish on corporate bonds (especially corporate bond–focused closed-end funds yielding 8%+) for a long time now. We remain so, because we’ve got a nice “goldilocks” setup for these f...
2024-07-15 12:48:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-13 05:00:13 ET At my CEF Insider service, we started 2024 expecting stocks to rise about 10% to 15% this year. Well, we’re well within that range now: the S&P 500 is up just under 14% in 2024, as of this writing. And it’s only June! Which means that while s...