With the U.S. stock market up over 20% last year investors have to wonder about the long term visibility of the markets. The Shiller P/E ratio is currently around 34 times. This is twice as high as the average historical ratio of 16.82 times. The U.S. isn’t the only place where investors are shrugging […]
The U.S. stock market has started the year with a 6% decline in just the first 6 trading days. In Canada the the S&P/TSX Composite index has technically entered into a bear market, which means it has fallen more than 20% from its peak. If that doesn’t concern investors then some recent comments from […]
Ferrari NV (NYSE: RACE)
Ferrari’s stock is overpriced and set to under-deliver. I know, that’s not the type of statement that you would expect to see surrounding a stock that represents one of the most popular automobiles on the planet. However, it’s the truth. The reality is that from the time of its IPO, RACE […]
