Talking Points: November 18, 2019

November 18, 2019

In the U.S., there are now 12.5 homes for sale per 1,000 households, the lowest number on record in 37 years. The Wall Street Journal, November 3, 2019 

The last time value stocks were this inexpensive was in 2003 and 2008, years in which they went on the outperform momentum stocks by 22 and 69 percentage points respectively. Barron’s, November 8, 2019

In the post-World War II era, on average, the S&P 500 has rallied more than 15% in the 18 months following a yield curve inversion. Zacks Investment Management, November 11, 2019 

“If you can see a bandwagon, it is too late to get on it.” James Goldsmith

Fewer than 1 in 10 Americans can correctly define fixed-income investing. It’s one thing to admit you know nothing about subprime auto asset-backed securities or collateralized loan obligations. It’s quite another if you can’t identify a core element of investing, especially considering the definition is practically baked into the name. Investment News, October 28, 2019

Some 31% of U.S. credit card holders pay their balance each month, the highest share since they began keeping track in 2008. Axios, November 6, 2019

“Everyone complains about the weather, but no one does anything about it.” Mark Twain

Never miss another Talking Points. Sign up here 

Share this on: