GMO

51 results

Five technology companies – Apple, Amazon, Microsoft, Alphabet (Google) and Facebook – account for almost a quarter of the S&P 500’s total market capitalisation. Photograph: Lionel Bonaventure/AFP via Getty

One strategist who clearly doesn’t think stocks should be at all-time highs right now is GMO’s James Montier, as evidenced by the title of his latest (...)

Traders wearing masks arrive before the opening bell at the New York Stock Exchange on May 26th. Photograph: Johannes Eisele/AFP via Getty

“One of the most impressive mismatches in history.” That’s how GMO founder and veteran investor Jeremy Grantham describes the current market in his la(...)

The S&P 500 is trading at 21.5 times expected earnings for the next year, according to FactSet, the highest level in 18 years.

“One of the most impressive mismatches in history.” That’s how GMO founder and veteran investor Jeremy Grantham describes the current market in his la(...)

A member of security wearing a protective mask stands in front of an electronic board displaying stock prices at the lobby of the Indonesia Stock Exchange  in Jakarta, Indonesia. Photograph: Dimas Ardian/Bloomberg

Global stocks are in bear market territory but some regions remain much cheaper than others. If you’re a value investor with a long-term outlook, you(...)

A pedestrian walks past quotation boards displaying a share price from the Tokyo Stock Exchange. Photograph: Kazuhiro Nogi/AFP

The global coronavirus outbreak could be over by June if countries mobilise appropriately, said Zhong Nanshan, the Chinese government’s senior medical(...)

Managers will be in a hot state when volatility erupts. Fear causes them to hedge reactively and to overtrade, not appreciating just how much their hot emotional state is impacting their decisions.  Photograph: Getty Images

Imagine the following scenario. Stocks are plunging around the world and your portfolio has been badly bloodied, losing 30 per cent of its value. Will(...)

Most strategists agree that the US, driven by surging growth from technology stocks such as Apple and Amazon, has earned its leadership role. Photograph: Paul Sakuma/AP Photo

The soaring US stock market has led the world over the past 10 years, but a growing number of strategists are cautioning that the 2020s may prove to b(...)

Traders work on the floor of the New York Stock Exchange. All investors can suffer from short-termism, says fund manager Joe Wiggins, “but it is easier for amateur investors to avoid it”. Photograph: Spencer Platt/Getty Images

Inside information, better tools, better connections, access to almost infinite amounts of data – it’s fair to say ordinary investors can’t compete ag(...)

The US stock market has looked much pricier than other developed markets over the last decade but it has justified seemingly hefty valuation multiples precisely because US companies have been so profitable.   Photograph: Westend61/Getty images

US earnings season is about to get under way and corporate profit margins are bound to come under the spotlight. Margins have remained near record lev(...)

Climate change activists stage a protest outside the HM Treasury building in central London, during environmental protests by the Extinction Rebellion group. Photograph: Daniel Leal-Olivas/AFP

Earlier this month, Bank of England governor Mark Carney and his French counterpart, Villeroy de Galhau, warned that limiting global temperature incre(...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • Next
  • Last »