More From Liam Odalis
Market Realist Chronicles: Global investment strategy and outlook for 2014, Part 1
At the close of December 2013, the S&P 500 was up 29.5%, the Dow Jones Industrial Average (DJIA) was up 26.5%, the Nasdaq was up 38.2%, and the Russell 2000 was up 37.0%.
Must-know: Why the Fed drove up emerging market asset prices
Many economists, like the Nobel Prize–winning Paul Krugman, believe that the Fed acted as a “white knight” in 2008, saving the global economy in the dire aftermath of the financial crisis.
German bond yields crash below JGBs, “Japanization” of Europe
Yesterday, yields on German 10-year bonds fell as low as 0.305%, while Japanese 10-year yields rose as high as 0.358%.
Market Realist Chronicles: Taking Advantage of a Political Disaster in Turkey, at a 9.2x P/E
We can expect low short-term interest rates through 2015, despite the fact that tapering will probably continue next year.