Nicholas Vardy
Why the “Emerging Market Crisis” of 2014 is Nothing to Worry About
With the U.S. economy showing strength and Europe back from the precipice of collapse, today’s doom-and-gloom crowd has shifted its attention to that old standby, emerging markets.
Buying Back into a Recently Stopped Position — and a New Bet on Medical Devices
Last week was the most volatile in recent months, with markets having both sharp up and down days. By the close of the week, the Dow Jones had fallen 1.14%, and the S&P 500 was down 0.43%. The MCSI Emerging Markets Index closed the week essentially flat — its best relative performance in a while. […]
Riding the Market Roller Coaster
It has been a roller coaster ride for global stock markets over the past week — with big pullbacks followed by big bounces. The Dow Jones dropped 2.96%, while S&P 500 ended the week 2.78% lower. Emerging markets were hit with a big sell-off, with MCSI Emerging Markets Index tumbling 3.52%. Icahn Enterprises, L.P. (IEP) […]
Undervalued Currencies & The Big Mac Index in 2014
The “Big Mac Index” provides a tongue-in-cheek but surprisingly useful way of measuring purchasing power parity, the relative over and undervaluation of the world’s currencies compared to the U.S. dollar.
Protecting You from New Allocations amid the Market’s Pullback
It was the toughest week in the markets in recent memory, as the Dow Jones tumbled 3.52% and the S&P 500 fell 2.63%. The MCSI Emerging Markets Index was hit particularly hard and tumbled 3.90%. Apple Inc. (AAPL) was the sole exception in your Bull Market Alert portfolio, bucking the trend and eking out a […]
Flat Markets, Strong Portfolio — And Harvard in London
It was a positive week for U.S. markets, with the S&P 500 up 0.27% and the NASDAQ jumping 1.02%. Global markets continue their relentless grind downward with the MCSI Emerging Markets Index falling 1.22%. Your Alpha Investor Letter portfolio had a much better week overall. Big gainers included Visa Inc. (V), which spiked 4.17%, and […]