Coping with queasiness

Article Abstract:

It has been easy to make money from US stocks during much of the 1990s, but there are fears that this could change as a result of changes in interest rates or in the value of the US dollar. US stocks are expensive, and the equity risk premium may be too low. The US trade deficit could push down the value of the US dollar, which could in turn affect stock prices. Even so, US stocks have tended to recover after prices have fallen, and there are arguments that a lower equity risk premium is justified. Smaller companies have tended not to see price rises to the same extent as larger companies, and could offer investment opportunities.

Author: Sefton, Caroline
Analysis, United States economic conditions

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Storm warning

Article Abstract:

Trends affecting US stocks are examined, both in general terms and in relation to two portfolios, one based in New York and the other in California.

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Banking on banishing bears

Article Abstract:

The performance of US stocks is assessed using two portfolios, one based on New York and the other on California.

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Subjects list: United States, Stock-exchange, Stock exchanges, Portfolio management, Exchanges
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