Valuations at current levels have historically corresponded single-digit returns.
Glimpses from Gaza, Israel and Lebanon as the war provoked by Hamas' horrific attack escalates.
'99.6 per cent is occupied by Arab countries in the Middle East; Israel occupies just 0.4 per cent of the entire Middle East.' 'That 0.4 per cent is also a big issue for them.'
'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'
The RBI's financial stability report has on Wednesday highlighted the disconnect between the real economy and equity market yet again. The central bank observed that Indian equities were trading at rich valuations, with several metrics such as price to earnings multiples, price to book ratio, market cap to GDP and the cyclically adjusted P/E ratio, or Shiller P/E, at above historical averages. For instance, as on December 13, the one-year forward P/E ratio for India was 35.1 per cent, above its 10-year average, and one of the highest in the world.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of asset prices in the long term and helped the emergence of index funds in stock markets, the award-giving body said.
Just when stocks are seen as invincible, we should worry, warns Akash Prakash.
It is not clear as to whether we are in a bubble in technology stocks. What is clear, however, is that there is no reason why this potential bubble will pop anytime soon, notes Akash Prakash.
A staggering $18 trillion worth unaccounted money is stashed in tax havens.
Money will flow to Europe, Japan - and the emerging markets, including India.
'... for two reasons: the poor quality of education, and the low rate of female participation in the labour force.' 'Unless something is done quickly to remedy these problems, India will just have a large population of low-skill, low-wage, males trying and failing to feed their families adequately.'