Stocktake: The discount is now wider than that seen at the height of the dotcom bubble

Presumption of higher prices as index-tracking funds buy stocks may be wrong

Not all electric vehicle makers can become the next Apple or Google

Rob Arnott points to the UK’s successful vaccination programme as grounds for optimism

Pfizer’s announcement last week was great for 2020’s losers but not for 2020’s winners

Market rallies are the usual outcome of a close election despite who wins, says investor

Market impact of conservative versus liberal election outcomes ‘surprisingly similar’

Health threat posed by coronavirus means cheap stocks could still fall in value

Investors are always scared during bear markets but this is different

The battering of European stocks mean they now look very cheap relative to history

After a soaring decade for US stock market, returns could fall sharply in the new decade

One common explanation is investors’ continued preference for fast-growing tech stocks

History suggests no market fashion or trend persists indefinitely

Bears see this as temporary but bulls think profit margins have risen to a permanently higher plateau