Musings on Markets
JANUARY 21, 2023
While there are many events during 2022, some political and some economic, that one can point to as the reason for poor stock returns, it is undeniable that inflation was the driving force behind the market correction. Actual Returns Your returns on equities come in one of two forms. Stocks: The What? at the start of that year.
Musings on Markets
MARCH 19, 2022
In this section, I will begin by looking at the bond market effects and then move on to equities and other asset classes, starting by looking at the localized reaction (for Ukranian and Russian securities) and then the global ripple effects. As Russian equities have imploded, the ripple effects again are being felt across the globe.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Musings on Markets
JANUARY 30, 2023
If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. Historical Context In my earlier post, I noted that US equity market performance in 2022 made it the seventh worst year in stock market history, if you go back to 1928.
ThomsonReuters
APRIL 7, 2021
Private companies, whether you’re looking to value your business in preparation for a sale, to help raise debt or equity funding, for some other business purpose, or simply for your own edification, you’ve probably found that the valuation process isn’t an exact science and is rather intimidating.
Musings on Markets
AUGUST 15, 2023
Expected returns for Risky Investments : The risk-free rate becomes the base on which you build to estimate expected returns on all other investments. For instance, if you read my last post on equity risk premiums , I described the equity risk premium as the additional return you would demand, over and above the risk free rate.
Musings on Markets
FEBRUARY 16, 2024
These are three very different stories, but what they share in common is a fear, imminent or expected, of a catastrophic event that may put a company's business at risk. Deconstructing Risk While we may use statistical measures like volatility or correlation to measure risk in practice, risk is not a statistical abstraction.
Musings on Markets
FEBRUARY 8, 2022
Relative Risk Measures Before we embark on how to measure relative risk, where there can be substantial disagreement, let me start with a statement on which there should be agreement. By the same token, Embraer and TCS are global firms that happen to be incorporated in Brazil and India, respectively.
Expert insights. Personalized for you.
70 
Let's personalize your content