Editor’s Note: This is the second in a series of articles that challenge the conventional wisdom that stocks always outperform bonds over the long term and that a negative correlation between bonds and stocks leads to effective diversification. In it, Edward McQuarrie draws from his research analyzing US stock and bond records dating back to 1792. CFA Institute Research and Policy Center recently hosted a panel discussion comprising McQuarrie, Rob Arnott, Elroy Dimson, Roger Ibbotson, and Jeremy Siegel. Laurence B. Siegel moderated. The webinar elicits divergent views on the equity risk premium and McQuarrie’s thesis. Subscribe to Research and Policy Center, and you will be notified when the…
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Adoption of standards hailed by chair of expert group as ‘major step forward in enabling a robust, agile carbon market’ Source link
Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla tumbled Friday after the company’s long-awaited robotaxi event — where CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — failed to impress investors.Tesla stock was down 5.8% as of 6:33 a.m. ET in premarket trading on Friday.Musk revealed Tesla’s Cybercab concept vehicle — a low, silver two-seater, has no steering wheels or pedals — on Thursday night. The plan is for the car to be capable of driving itself autonomously when it launches.The Tesla boss said the company hopes to be producing the Cybercab…
Image source: Getty Images When buying shares, I never look at the dividend yield in isolation. I am looking to buy shares in great companies at attractive prices. But if they have a chunky dividend to boot, all the better. Here are three shares I think investors should consider buying, each offering a yield of 7% or higher. M&G Asset manager M&G (LSE: MNG) has consistently been among the highest-yielding shares in the FTSE 100 index in recent years. Yet the company has continued to deliver the goods, raising its dividend per share annually. That is in line with its…
KeyBanc has commenced coverage on BrightSpring Health (NASDAQ: BTSG), assigning a Sector Weight rating to the company’s stock. The firm highlighted BrightSpring Health’s evolution since its formation through the 2019 merger between Pharmerica and ResCare. The current business structure of BrightSpring Health stands distinct from those of the legacy companies, with a focus on Pharmacy Solutions and Provider Services. BrightSpring Health’s Pharmacy Solutions is noted for its infusion, specialty, and community pharmacy capabilities. According to the coverage, the specialty pharmacy aspect of the business is particularly well-differentiated and is aligned with significant growth drivers. The company’s Provider Services segment, which…
By Lan Do Fri, October 11, 2024 | 5:13 pm GMT+7 Opportunities and challenges presented by the Carbon Border Adjustment Mechanism (CBAM) and a carbon market were discussed at a training conference held in Ho Chi Minh City on Friday. The conference, featuring experts from business, legal, and research communities, was co-organized by the HCMC Investment and Trade Promotion Center and EuroCham Vietnam. Jean-Jacques Bouflet, vice chairman of EuroCham Vietnam, speaks at a training conference on Carbon Border Adjustment Mechanism and Carbon Market, Ho Chi Minh City, October 11, 2024. Photo courtesy of EuroCham. Addressing the conference, Jean-Jacques Bouflet, vice…
Image source: Getty Images Years of economic uncertainty, geopolitical tensions, and corporate scandals have eroded investor confidence in the UK stock market. This has led to a significant drop in trading activity, with the number of listed companies on the London Stock Exchange (LSE) down 37% since 2009. Despite the FTSE 100 rising this year, I’ve noticed an unusually high number of pessimistic articles about the UK economy. The Brexit process, coupled with European Union trade disputes, seems to have fuelled a climate of uncertainty that weighs heavily on investor sentiment. Additionally, the lingering effects of the pandemic continue to…
Investing.com — Warren Buffett’s Berkshire Hathaway (NYSE:) (NYSE:) reduced its stake in Bank of America (NYSE:), selling 9.5 million shares valued at $382.4 million this week, as per a regulatory filing, Reuters reported on Thursday. This move brings Berkshire’s ownership in the U.S. banking giant to below 10%. Under U.S. Securities and Exchange Commission rules, shareholders with more than a 10% stake in a company must report stock transactions within two business days, the report added. Now that Berkshire’s stake has fallen below this threshold, investors will likely need to wait for the company’s quarterly financial reports or stock holdings disclosures…
There are no two ways about it: The dawn of the artificial intelligence (AI) revolution in early 2023 has been a windfall for chipmaker Nvidia (NASDAQ: NVDA). The company pioneered the graphics processing units (GPUs) that have become the gold standard for a variety of use cases by providing the computational horsepower needed to underpin video games, data centers, and even earlier versions of AI.Generative AI went viral early last year, with Nvidia at the heart of what many are calling the next industrial revolution. The results have been striking: Nvidia stock is up more than 800% since the start…
On Friday, Jefferies initiated coverage on Fujitsu Limited (6702:JP) (OTC: FJTSY), presenting a Buy rating along with a price target set at JPY 3,700. The financial services company positions Fujitsu favorably, valuing it at a premium compared to its peers. This optimistic stance is based on several key factors identified by the analyst. Fujitsu’s comprehensive transformation strategy was highlighted as a positive change, signaling a modernization effort from the top down. The company’s current mid-term plan is seen as a clear indicator of its future direction, with an emphasis on Fujitsu Uvance, Modernization, and Consulting services expected to be the…