Green Book September 1995
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Featured Articles
1972’s Nifty-Fifty: How Have They Fared?
Back in 1972, an elite group of companies had been identified as offering guaranteed growth in the future. These were christened the “Nifty Fifty”. Subsequent market performance of these chosen companies is presented herein.
Bond Market Summary
Bond market rally rekindles, as consensus changes from “one and done” to possibility of further easing...other positives include stronger dollar and foreign buying.
Comparing Technology Manias (Updated)
“Tech” manias revisited: comparing P/E ratios and Price/Sales ratios.
Comparing U.S. Equity Capitalization With GDP: Now Shows Stock Market Extremely Overvalued
Testing of this indicator has offered some strong evidence that potential returns from today's level could be quite minimal.
Joke of the Month
It was necessary to call in The Leuthold Group joke jury this month, as this editor found the submissions to be (1) very old (2) multi offensive from a PC standpoint or (3) not funny.
Monitoring Mutual Fund Cash Flows
Because of the huge current stock market significance of sustained public inflows into equity funds, we are now monitoring these flows on a weekly basis.
Scanning the Markets
A performance rundown for The Leuthold Group's equity market sectors (and other measures) ranked by performance over the last three months.
Supply/Demand Considerations
Record demand meets record supply. September could be a crucial month.
Today’s Big Stock Market Positives and Negatives
Weighing In: The big positives and the big negatives for stocks...as we see them. Four possible upsets to bullish complacency.
View from the North Country
S&P performance gets “tech-less”. Tech stocks have only added 4% to YTD S&P performance and only 11% since 1970.
Table of Contents
Stock Market
- Today’s Big Stock Market Positives and Negatives
- Supply/Demand Considerations
- Monitoring Mutual Fund Cash Flows
- 1972’s Nifty-Fifty: How Have They Fared?
Of Special Interest
Macro Monitor
Equity Strategies
At Random
1972’s Nifty-Fifty: How Have They Fared?
Back in 1972, an elite group of companies had been identified as offering guaranteed growth in the future. These were christened the “Nifty Fifty”. Subsequent market performance of these chosen companies is presented herein.
Bond Market Summary
Bond market rally rekindles, as consensus changes from “one and done” to possibility of further easing...other positives include stronger dollar and foreign buying.
Comparing Technology Manias (Updated)
“Tech” manias revisited: comparing P/E ratios and Price/Sales ratios.
Comparing U.S. Equity Capitalization With GDP: Now Shows Stock Market Extremely Overvalued
Testing of this indicator has offered some strong evidence that potential returns from today's level could be quite minimal.
Joke of the Month
It was necessary to call in The Leuthold Group joke jury this month, as this editor found the submissions to be (1) very old (2) multi offensive from a PC standpoint or (3) not funny.
Monitoring Mutual Fund Cash Flows
Because of the huge current stock market significance of sustained public inflows into equity funds, we are now monitoring these flows on a weekly basis.
Scanning the Markets
A performance rundown for The Leuthold Group's equity market sectors (and other measures) ranked by performance over the last three months.
Supply/Demand Considerations
Record demand meets record supply. September could be a crucial month.
Today’s Big Stock Market Positives and Negatives
Weighing In: The big positives and the big negatives for stocks...as we see them. Four possible upsets to bullish complacency.
View from the North Country
S&P performance gets “tech-less”. Tech stocks have only added 4% to YTD S&P performance and only 11% since 1970.
Stock Market
- Today’s Big Stock Market Positives and Negatives
- Supply/Demand Considerations
- Monitoring Mutual Fund Cash Flows
- 1972’s Nifty-Fifty: How Have They Fared?