Twitter | Search | |
David Rosenberg
Signs of an unhealthy market: FAANGM stocks up 30% YTD, the S&P 494 up 3%. Over half the 2018 gains came from six stocks. Historians know what that means.
Reply Retweet Like More
Gertjan Verdickt 8 Sep 18
Replying to @EconguyRosie
Historians also know that five firms (Exxon Mobile, Apple, IBM, GE and Microsoft) accounted for 10% of the total wealth creation in the US. On a yearly basis, 51,6% of all stocks do better than the risk-free rate and 44,4% do better than the index. Returns were always skewed.
Reply Retweet Like
Gertjan Verdickt 8 Sep 18
Replying to @EconguyRosie
Before World War 1, I document that, on average, 80% of all shares listed on the Brussels Stock Exchange do worse than the risk-free rate. Nevertheless, the equity premium was positive. So even then, returns on individual stocks were very skewed. Stock picking was very difficult.
Reply Retweet Like
muckdog 7 Sep 18
Replying to @EconguyRosie
My prediction: It will continue until it stops.
Reply Retweet Like
northwestdr 7 Sep 18
Replying to @muckdog @EconguyRosie
My prediction: it already stopped
Reply Retweet Like
𝔹ada𝔹ingCapital 7 Sep 18
Historians know that if you run this contribution over the last n years this is not atypical - done these on R1k and 50% avg from top 5 is in fact normal
Reply Retweet Like
Reza M Etemad 7 Sep 18
Replying to @EconguyRosie
People will never learn. They need much scarier than 2008, otherwise they will forget again.
Reply Retweet Like
🇺🇸 John McGrath 🇺🇳 7 Sep 18
Replying to @RezaTFI @EconguyRosie
We'll forget again anyway.
Reply Retweet Like
Reminiscences of an American Capitalist 13 Sep 18
“The Nifty Fifty” “The Nifty Five”
Reply Retweet Like
C. Maoxian 7 Sep 18
Can the historians tell this non-historian?
Reply Retweet Like
Michael Sicuranza 7 Sep 18
Russell3000 before this week was at an all time high. Pretty broad indicator of the overall market breath, don't you think? I mean it overs the 3000 largest US stocks. Also Small Caps have led the way this year again the market is beyond the S&P.
Reply Retweet Like