tag:blogger.com,1999:blog-816559531110064247.post2709202647513913345..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: A market correction trigger?Cam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-816559531110064247.post-57315344825187705592014-05-12T21:31:05.612-07:002014-05-12T21:31:05.612-07:00Equities appear to be rising based on perceived va...Equities appear to be rising based on perceived value (relative to bond yields), corporate buy backs, expanding PE and M&A activity, despite negative earnings. The 10 year yields circa 2000-02 was in the 5% range, in 2008 around 4% and the federal reserve had a much smaller balance sheet. Now, the conditions are different with 10 year yields close to those in 2009, with an implicit guarantee of another round of money printing that may be behind the rise in the S&P despite the negative pre-aanouncemts. That said, we could well be looking at a market peak, give or take 5%. You have shown ample evidence to a peak in the market. dvpnoreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-36731023790808715852014-05-07T15:29:30.916-07:002014-05-07T15:29:30.916-07:00Do you think the correction will be confined withi...Do you think the correction will be confined within the momos/growth stocks, while the values move higher, keeping the overall averages near unchange? Or do you think the weakness will eventually spread throughout the broader market?Anonymousnoreply@blogger.com