16 Nov An Easy Way to Simplify and Improve the Shiller CAPE Ratio as a Prediction Tool

Posted at 17:05h in Business

Ultra-Simple Shiller’s CAPE: How One Year’s Data Can Predict Equity Market Returns Better Than Ten Thomas K. Philips and Adam KoborJournal of Portfolio ManagementA version of this paper can be found here (slides here)Want to read our summaries of academic finance papers? Check out our Academic...

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16 Nov PNC Deal Highlights Challenges of U.S. Market for European Banks

Posted at 15:04h in Business

BBVA’s sale of its U.S. operations to PNC underlines that, for European banks, America is a tough nut to crack. Read More WSJ.com: Markets...

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16 Nov Moderna’s Coronavirus Breakthrough Has Shareholders Smiling

Posted at 15:04h in Business

The biotech looks set to deliver an apparently effective vaccine in less than a year, which is much faster than a typical development time frame. That achievement would be impressive for any drugmaker, but is especially so for Moderna. Read More WSJ.com: Markets...

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16 Nov Moderna, Simon, PNC: What to Watch When the Stock Market Opens Today

Posted at 14:03h in Business

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16 Nov Bond Upsets Rattle Chinese Credit Market

Posted at 14:03h in Business

Investors are losing confidence in the local governments that stand behind many of China’s corporate debt issuers. Read More WSJ.com: Markets...

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16 Nov Moderna Vaccine or Not, 0.9% Treasury Yields Are Too Good to Pass Up

Posted at 14:03h in Business

The recent rise in government-bond yields has more to do with a market knee jerk than a sustainable rise in interest-rate expectations. Read More WSJ.com: Markets...

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16 Nov Aramco Plans U.S. Dollar Bond to Plug Funding Gap

Posted at 12:04h in Business

Saudi Aramco said it aims to issue a U.S. dollar-denominated bond, as the cash-strapped oil giant cuts jobs, considers asset sales and reviews its expansion plans. Read More WSJ.com: Markets...

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16 Nov U.S. Crop Prices Are Rising, and China Is Buying

Posted at 11:03h in Business

Investors have piled into bullish wagers on soybeans, corn and wheat after the coronavirus pandemic had cast doubt on demand. Read More WSJ.com: Markets...

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16 Nov A Little-Known Payments Provider Is Now One of Europe’s Most Valuable Finance Firms

Posted at 11:03h in Business

Few companies have benefited more from the online shopping boom sparked by the coronavirus than Dutch payments firm Adyen, whose shares are up almost 120% this year. Read More WSJ.com: Markets...

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16 Nov U.S. Stock Futures Rise as Tech Rally Lifts Global Markets

Posted at 10:03h in Business

U.S. futures rose Monday, suggesting shares could rally further after reaching a record last week, while a surge in large technology stocks helped propel international markets higher. Read More WSJ.com: Markets...

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