Advisor Perspectives

JUNE 24, 2024

Based on the present combination of extreme valuations, unfavorable and deteriorating market internals, and a rare preponderance of warning syndromes in weekly and now daily data, my impression is that the speculative market advance since 2009 ended last week. I may as well just say it.

Valuation 52

Valuation Marketing Marketing 52

Validea

SEPTEMBER 6, 2023

By Justin Carbonneau ( Twitter | LinkedIn | YouTube ) — Over the past few weeks, I’ve seen a number of charts highlighting the opportunity in small-cap stocks given their absolute and relative valuations. The chart below, also from our market valuation tool, compares small cap value to large cap growth stocks. Only 12.4%

Valuation 64

Valuation Numbers Economics Investing 64

Brown Advisory

JANUARY 19, 2023

at year-end can largely explain the compression in valuation, especially for higher multiple equities, primarily during the first half of the year. Great Financial Crisis October 2007 April 2009 -39.0% 3/9/2009 4/30/2009 69 29.0% at the beginning of the year to 16.6x by year-end. to nearly 3.9% 9/21/2001 12/31/2001 52 18.9%

Clients 98

Clients Economy Economics Marketing 98

Trade Brains

OCTOBER 17, 2023

Amid all the noise surrounding geopolitical issues, global valuations, and FII selloff, the Nifty bulls might be feeling a bit clueless about their next moves. The best month for Nifty50 returns was in May 2009, with an impressive 28.07%, and October 2007 was also remarkable, with a 17.51% gain. loss, due to the financial crisis.

Investing 59

Investing Investments Numbers Valuation 59

The Irrelevant Investor

APRIL 5, 2020

One other factor at play are valuations. Did high valuations add fuel to sellers' fire? I tend to think that valuations don't matter during panic selling. Whatever the outcome, this period in time will be studied and dissected for as long as markets exist. It's impossible to say with any certainty, but I don't think so.

Valuation 52

Valuation Economy Numbers Investing 52

Trade Brains

FEBRUARY 16, 2024

As we delve into the intricate details of Azad Engineering Limited, we’ll investigate whether this seemingly high valuation aligns with the company’s underlying business prospects. million units between Fiscal 2009 to Fiscal 2023 at an overall level. It has also manufactured and delivered 3.09

Engineering 111

Engineering Manufacturing Certification Sales 111

Darrow Wealth Management

JUNE 27, 2022

Between 2000 – 2009, the cumulative total return for the S&P 500 was negative 9.1% From 2000 to the end of 2009, the global allocation would have outperformed by nearly 8.8% Valuations. Valuations outside of the United States have been much cheaper to the long-run averages for quite some time. vs positive 30.7%

Portfolio 52

Portfolio Investing Investments Risk Tolerance 52

The Irrelevant Investor

JANUARY 8, 2022

The two other markets that saw such lofty valuations were 1929 and 2000. To be very clear, at that time, I was in the "lower your return expectations camp" due to a combination of recent performance and high valuations. Over the last 30 years, 1990 and 2009 were the only times the CAPE was below it.

Valuation 52

Valuation Sales Marketing Marketing 52

Validea

APRIL 27, 2023

Over the next 12 months, the S&P 500 dropped 45%, the Fed slashed rates down to next-to-nothing, and valuations evened out while bond yields plunged. After stocks bottomed, their premium climbed to 7 points above Treasurys by March 2009, ushering in a new bull market. near the current level. Now, some measures peg U.S.

Valuation 52

Valuation Investing Investments Banking 52

Walkner Condon Financial Advisors

FEBRUARY 24, 2022

The S&P 500 has only posted one year of negative returns greater than 1% since 2009. This helps to illustrate the fact that market corrections are common over most periods of time and should be viewed as the market resetting stock valuations back to a more fundamental level.

Marketing 52

Marketing Marketing Valuation Risk Tolerance 52

Fortune Financial

OCTOBER 31, 2023

The yield on the ten year Treasury note briefly passed 5% recently, the highest yield on the ten year note since before the financial crisis of 2007 – 2009. if you use a forward earnings yield, or ~5% if you use a trailing earnings yield.

Government 78

Government Valuation Financial Advisor Accounting 78

Random Roger's Retirement Planning

FEBRUARY 9, 2023

The funds did well in the Financial Crisis and they did well in 2022 but from 2009 onward, one of his two long standing funds has a negative annual growth rate and the one with a positive growth rate was less than 1/3 of a plain vanilla 60/40 portfolio.

Asset Allocation 75

Asset Allocation Portfolio Assets Numbers 75

The Irrelevant Investor

AUGUST 5, 2018

Whether you measure it from the low in 2009 or when new highs were made in 2013, isn't this just semantics? Bull markets are in the eye of the beholder, and when we mark the beginning is of little importance, unlike things like earnings and valuation and interest rates. The Netflix of fitness has a $4 billion valuation.

Marketing 52

Marketing Marketing Valuation Transportation 52

The Irrelevant Investor

NOVEMBER 19, 2019

It's October 2009. The source of stock returns can be broken down simply into three main buckets: Dividends, earnings growth, and the change in valuations. You've been putting money into your 401(k) for almost ten years. 118 months to be exact. The amount of money in your account is less than the contributions you've made.

Investments 52

Investments Investing Valuation Accounting 52

The Big Picture

JANUARY 21, 2025

I think it’s very hard to say stocks are objectively cheap because all of these valuation metrics have, have become unreliable over the decades as the nature of the stock market has changed. And then on top of that, of course we ran straight into the 2008, 2009 great recession. 00:21:46 Everything was a headache.

Investing 147

Investing Investments Management Retirement 147

The Irrelevant Investor

MARCH 16, 2017

With the length of this current run (however you measure it), and more importantly, with rich valuations, it's hard to go a few hours without seeing a headline that a "rug pull" is imminent. Remember all the black swan funds that were launched in 2009? On the early side, for example, are those who have argued that U.S.

Valuation 52

Valuation Investing Investments Marketing 52

The Irrelevant Investor

JANUARY 3, 2022

We're in uncharted territory if we started the bull run from the bottom in March 2009. I mean, given recent returns and where valuations and interest rates are, things can't possibly get any better, can they? And what if we measured from the bottom in 2009? Fair enough, as I said, this is subjective. But my blog, my charts*.

Marketing 52

Marketing Marketing Valuation Banking 52

Discipline Funds

MARCH 2, 2024

I recall one particularly glaring moment during 2009 when AIG became mostly owned by the US government and failed to meet S&P liquidity requirements, but they just ignored it. Then again, you do have signs of frothiness and high valuations. Factor in inflation and that return is actually negative.

Marketing 110

Marketing Marketing Asset Allocation Assets 110

Validea

OCTOBER 5, 2022

Two weeks ago, I wrote an article where I looked at the valuation of the median stock and how it has changed over time. 12/31/2009 4.9% 12/31/2009 29.6% By Jack Forehand, CFA, CFP® ( @practicalquant ) —. Year End Date Negative Earner Percentage 12/30/2005 1.1% 12/29/2006 1.2% 12/31/2007 1.0% 12/31/2008 2.1% 12/31/2010 1.4%

CFP 59

CFP Valuation Economy Assets 59

Brown Advisory

APRIL 1, 2015

Almost exactly five years ago, we wrote a piece entitled Bubbles, which discussed the sharp rally in stocks from the lows of early 2009 and the risks of the growing federal deficit that resulted from government bail-outs and fiscal stimulus during the financial crisis. Investment Perspectives | Bubbles II. Wed, 04/01/2015 - 16:48.

Investing 52

Investing Investments Valuation Assets 52

The Big Picture

SEPTEMBER 10, 2024

He has a very interesting approach to thinking about market valuations and strategies and when to deploy capital, when to go with the crowd, when to lean against the crowd, and has amassed and excellent track record. 2009, 10 in that role. Second part of our framework is valuation fundamental work.

Valuation 162

Valuation Clients Investing Investments 162

The Irrelevant Investor

OCTOBER 28, 2016

This range is determined by a number of factors, including but not limited to the business cycle, valuations, interest rates, inflation, and the collective mood of millions of investors. They're not wrong, since the bottom in 2009, stocks have outperformed risk free bills by 17.5% a year, the largest spread over a 7.5

Valuation 52

Valuation Investing Investments Numbers 52

The Big Picture

FEBRUARY 6, 2024

I could maybe flip that around a little bit since I think particularly post 2008, 2009, the quality style of investing has become a lot more popular. You really like the long time where you have to hold to make up that valuation whole is so long that you just really shouldn’t be involved. 00:18:41 [Speaker Changed] Yep.

Valuation 130

Valuation Investing Investments Assets 130

Truemind Capital

MAY 19, 2020

Smart investors are very careful about market valuations (prices) and investor behaviour. The chart below illustrates that the smart money enters when valuations are low and the majority of the investors aren’t looking at that asset class or security. For common investors, arriving at a fair value of any stock could be very tricky.

Portfolio 52

Portfolio Asset Allocation Valuation Investing 52

The Irrelevant Investor

JANUARY 5, 2021

Investor enthusiasm, coupled with high valuations, has preceded all major market bubbles. stocks are based on traditional valuation metrics, via Michael Cembalest. In the decade since 2009, there have been regular claims that we were back in a bubble, but the FCF yield suggested valuation was not stretched.

Valuation 52

Valuation Assets Marketing Marketing 52

The Big Picture

JULY 26, 2022

I’ve had a coach since 2009. And so, coaching was an exercise — back then in 2009, it was not very well known and it was definitely an exercise in humility of saying, “I think I need some help.” And since we look at both private and public markets, what do you think of in terms of valuation? WEAVER: Yeah.

Consulting 298

Consulting Numbers Management Investing 298

The Irrelevant Investor

JANUARY 3, 2017

Amazon's stock has received a lot of attention over the years because its performance has been off the charts while maintaining a nosebleed valuation that has been the envy of their competition. Even if Bezos were to capture 100% of the total retail revenue, its price-to-earnings ratio would still be 63!

Valuation 52

Valuation Portfolio Retail Investing 52

Fortune Financial

OCTOBER 31, 2023

The yield on the ten year Treasury note briefly passed 5% recently, the highest yield on the ten year note since before the financial crisis of 2007 – 2009. if you use a forward earnings yield, or ~5% if you use a trailing earnings yield.

Government 52

Government Valuation Financial Advisor Accounting 52

James Hendries

OCTOBER 18, 2022

During the worst of the Financial Crisis (Q3 2008 through Q1 2009), more than 50% of S&P 500 companies hit their earnings targets each quarter. But overall, we would expect modest estimate cuts to be received positively by markets, supported by lower valuations and depressed investor sentiment. Quincy Krosby , Ph.D.

Marketing 52

Marketing Marketing Valuation Economics 52

Walkner Condon Financial Advisors

FEBRUARY 6, 2024

Since the moment the stock market’s deep dive brought on by the Great Recession bottomed out in early 2009 – almost 15 years ago now – recency bias has continued to support the same behavior as home equity bias — buy American stocks! In Chapter One (2000-2009), that almanac will reveal that U.S. Sounds unstoppable, right?

Assets 59

Assets Investing Investments Marketing 59

Brown Advisory

NOVEMBER 29, 2016

1 Also, from fiscal year 2009 until fiscal year 2016, federal agencies cut annual grants to private and public organizations by 3.4% For example, we found opportunity in small-cap stocks during their 2016 rally because of their relatively low valuations and limited vulnerability to flagging global economic growth.

Nonprofit 52

Nonprofit Asset Allocation Portfolio Budgeting 52

Brown Advisory

AUGUST 25, 2017

as featured in the book, “Valuation: Measuring and Managing the Value of Companies, University Edition." Beyond that indicator, the managers look for companies with three other qualities: solid fundamentals, strong leadership and reasonable valuations. In our view, this decline presented a great valuation opportunity.

Management 52

Management Valuation Financial Services Investing 52

Brown Advisory

AUGUST 25, 2017

as featured in the book, “Valuation: Measuring and Managing the Value of Companies, University Edition." Beyond that indicator, the managers look for companies with three other qualities: solid fundamentals, strong leadership and reasonable valuations. In our view, this decline presented a great valuation opportunity. .

Management 52

Management Valuation Financial Services Investing 52

Validea

NOVEMBER 29, 2023

Over the last 25 years, we have seen four bear markets (1999-2002, 2008-2009, 2020, 2022) and numerous market corrections (10% losses). Valuation Concerns: Some technology stocks have high valuations, which means you could be buying at a high price, increasing the risk of a correction.

Investments 64

Investments Investing Risk Tolerance Financial Advisor 64

Brown Advisory

APRIL 12, 2023

Despite the changing expectations and regulations in this investing arena, we have not altered our sustainable investing (SI) process since our strategy’s inception, and we remain committed to the same investment principles that have guided us since 2009.

Investments 52

Investments Investing Portfolio Management Portfolio 52

Brown Advisory

APRIL 12, 2023

Despite the changing expectations and regulations in this investing arena, we have not altered our sustainable investing (SI) process since our strategy’s inception, and we remain committed to the same investment principles that have guided us since 2009.

Portfolio Management 52

Portfolio Management Portfolio Investing Investments 52

Investing Caffeine

JULY 1, 2022

In fact, over the last 13 years, since the bottom of the 2008-2009 financial crisis, the stock market has increased about six-fold (even after this year’s -21% correction) in the face of some horrendously scary headlines (also see chart below): · Ukraine-Russia. PRICES: Valuations have come down significantly – Price/Earnings ratio of 15.9

Economy 59

Economy Investing Investments CFP 59