About The Radar: Asiais Smallcap Stocks [concluded]

Stacey - Sat 03 January 2015 -

We would like to conclude this series after updating the small-cap index level and returns, comparing it to our expectations ex-ante, and analyzing the current scenario. Following this, we have also outlined where we may take this blog in the future. The small-cap index closed at 11,087.07 on December 31st, 2014. This compares to a level of 6,150.65 in our last article resulting in an advance of over 80% to date. This is a handsome view site... absolute return by any standard, particularly compared to Indian government bonds, which yielded around 8-9% for the period. This justifies the conclusion at the end of our previous article that small-caps in India offer among the most attractive bargains during any time since 2006 and certainly in the entire Indian stock market today. Of course external events have played out in our favour; but the focus of the true investor is to do his buying carefully and let external events take care of themselves for value will be reflected in the financial markets eventually, as our mentor Benjamin Graham taught several decades ago. The major ostensible reason for such an advance is the change of government at the centre and resulting expectations for earnings growth. It might also be worth bearing in mind that the depth of the slump in the latter years of the previous regime has also contributed to such a spectacular advance. http://www.valuewalk.com/2015/01/radar-indias-small-cap-equities-concluded/

Where Will All the Workers Go? by Nouriel Roubini - Project Syndicate

Job-reducing technological innovations will affect education, health care, government, and even transportation. For example, will we still need so many teachers in the decades to come if the cream of the profession can produce increasingly sophisticated online courses that millions of students can take? If not, how will all of those former teachers earn a living? Governments, too, are shedding labor particularly governments burdened by high deficits and debts. And, by transforming how services are provided to the public, the e-government trend can offset the employment losses with productivity gains. Even transportation is being revolutionized by technology. In a matter of years, driverless cars courtesy of Google and others may render millions of jobs obsolete. And, of course technological innovation that is capital-intensive and labor-saving is one of the factors together with http://www.wthr.com/story/27713134/mortgage-rates-bounce-back-from-recent-highs the related winner-take-all effects driving the rise in income and wealth inequality. Rising inequality then becomes a drag on demand and growth (as well as a source of social and political instability), because it distributes income from those who spend more (lower- and middle-income households) to those who save more (high-net-worth individuals and corporate firms). http://www.project-syndicate.org/commentary/technology-labor-automation-robotics-by-nouriel-roubini-2014-12

Roubini: We're in an asset bubble and it won't pop until 2016 - Yahoo Finance

He believes that valuations in some markets are already stretched and will continue to stretch until seeing a shakeout around two years down the line, in 2016. Roubini is particularly worried about the increase in issuance of junk bonds. Low interest rates and an increased thirst for high-risk speculation have led to the junk bond market to being bigger than it ever has been. He also sees equities as a potential list, the P/E ratio is slightly above average but he thinks that tech and social media sector valuations are very stretched. Throughout the world, we have low growth, low inflation and easy money. http://finance.yahoo.com/news/roubini--u-s--equities-will-be-strong-until-2016-133934757.html

Top 10 Global Equities ETFs

Each ETF is placed in a single "best fit" ETFdb Category; if you want to browse ETFs with more flexible selection criteria, visit our screener . To see more information of the Global Equities ETFs, click on one of the tabs above. * Assets in thousands of U.S. Dollars. Assets and Average Volume as of 2014-12-31 20:18:04 UTC http://etfdb.com/etfdb-category/global-equities/