On March 8th, women all around the world will be celebrating International Women’s Day and this year’s theme is “Press for Progress.” The day is a call to action for everyone to get involved with working toward social, political and financial gender parity, whether it’s by joining a global movement, or making changes in your own life.
Thinking of investing in cryptocurrencies, but have not figured out whether you should go ahead? Let’s discuss various investing aspects pertaining to cryptocurrencies to enable you, the retail investor, to tackle many fundamental questions about this newly emerging and fast-evolving investing option.
The rise in global equity prices in recent years has led to continued concerns over valuation levels. One indicator that appears to cause endless nervousness is the so-called “Shiller” PE ratio, which considers US stock prices relative to the rolling 10-year average level of earnings. As this note demonstrates, however, the Shiller PE ratio has proven to be a poor short-run market timing tool. And while it has proven to be a reasonable guide for likely longer-run returns in the past, allowance today needs to be made for the large structural decline in interest rates.
The Australian sharemarket has struggled to match the performance of global peers in recent years. While a number of theories have been put forward to explain our relatively poor returns, this note suggests two factors tend to dominate: trends in export commodity prices and the health of the global technology sector. On this basis, it seems likely our market could struggle against global peers for some time yet.