Može li ovaj tjedan Dow preko 10 00…lijepo je krenulo [thumbsup]
Može li ovaj tjedan Dow preko 10 00…lijepo je krenulo [thumbsup]
Mogao bi on vec danas
Oct. 12 (Bloomberg) — Investors outside the U.S. are purchasing companies in the Standard & Poor’s 500 Index at the cheapest valuations on record, their buying power boosted by a seven-month decline in the dollar.
The S&P 500 is priced at 19.9 times earnings, the biggest discount to the MSCI World Index of 23 developed countries since May 2003, according to monthly data compiled by Bloomberg. For Europe-based money managers, currency translations push the average cost for a dollar of U.S. profits down to 13.6 euros, the lowest level ever relative to global equities and a discount that investors in America have never enjoyed, data compiled by Bloomberg show.
Overseas investors that hold almost $2.5 trillion in U.S. equities are getting a bigger slice of corporate America with each euro, yen and pound they spend just as S&P 500 companies from PepsiCo Inc. to General Electric Co. post higher overseas sales. While more losses in the dollar would cut returns, the last time U.S. stocks were this inexpensive, in 2003, the S&P 500 began a four-year, 62 percent advance.
“What you’re getting is the opportunity to buy global companies that have become cheaper because of the dollar and more competitive,” said Antony Gifford, a London-based manager at Henderson Global Investors, which oversees $87 billion. “If you can buy global secular growth at a discount because it’s dollar listed, then why wouldn’t you?”
Stocks Advance
The S&P 500 climbed 4.5 percent to 1,071.49 last week, the biggest gain since July. Data from the Tempe, Arizona-based Institute for Supply Management showed U.S. service industries grew in September after 11 months of contraction while Alcoa Inc., the largest U.S. aluminum producer, reported an unexpected third-quarter profit as the New York-based company cut jobs and raw-material costs faster than analysts projected.
The S&P 500 added 0.3 percent at 9:35 a.m. in New York. The MSCI World gained 0.6 percent, while Europe’s Dow Jones Stoxx 600 Index rose 1 percent as Royal Philips Electronics NV reported an unexpected third-quarter profit.
The dollar fell 11 percent against the euro and yen and 7.4 percent versus the pound in the past six months. The currency was driven down as the U.S. government and Federal Reserve lent, spent or guaranteed $11.6 trillion and the central bank kept interest rates at near zero to combat the worst recession since the 1930s.
The U.S. Dollar Index traded as low as 75.767 last week, 6.7 percent above its record low of 70.698 in March 2008.
Šta bi ? Okrenuo Dow u minus.
Vide mlitavog grobija pa se zamislio.
Medvjedi – hakeri već dva dana napadaju portal seekingalpha zbog opti mističnih napisa na portalu!
zajebana ta mistika [lol]
Tik tak tik tak, što li čeka naš USD… 🙂
Premješteno iz teme: Tehnička Analiza – grafovi, savjeti i analize
poštovani suigraci….kao što sam vama napisao 03.10.09 da cemo imati rast dax do 6100 dj dj do 10500
…drzim se i toga da nakon dostignuca tih vrhova i nakon objave rezultata Q3 u americi i europi idemo….DOWN.
Onda ti se možda svidi ovaj članak:
The Most Expensive US Market Of All Time
140…
That’s the current P/E for the S&P 500 based on reported earnings (earnings that include write-downs). According to David Rosenberg of Gluskin Shef (and former Chief Economist of Merrill Lynch), no US market has ever been this expensive in history. The Tech Bubble, which by all accounts was an extraordinarily overpriced market traded around a P/E of 40 during its peak…