ETFMandate’s Post

As per the late Charlie Munger, “the first rule of a happy life is low expectations". We think this philosophy should also be applied to your stock market investments. The discipline should produce an attractive aggregate discount at the portfolio level which is the foundation for the generation of solid long-term compound rates of return. #deepvalue #sgvaluepartners #bengraham #charliemunger https://lnkd.in/ecxt9k_c

In #Frankfurt and #NYC, #Dax, #Nasdaq and #Dow rise to record highs. The stock market is hoping that interest rates will fall faster. But the labor market looks robust and the crisis in the real estate market continues to smolder, as #NewYorkCummunityBank, #Evergrande and #Signa show. Investors are largely ignoring these warning signs, and a tricky stock market phase seems to be on the horizon. Frankfurter Allgemeine Zeitung

📰 Our free Capital Market Insight newsletter provides insights into current developments on the #capitalmarkets. Sneak preview of the upcoming issue, which is to come out next week: 🎉Registration for the #DeutschesEigenkapitalforum now open for issuers ✨Save the date: stocks & standards-Workshop on 16 April 🔔Bell Ringing events and jubilees 🏆Changes in the MDAX, SDAX and TecDAX indices 🔸 Scale market report Our #CapitalMarketInsight newsletter is published four times a year (German only). Register now and never miss a capital market update again.

Full steam ahead! MPC Capital is featured as the cover story in the latest issue of "Nebenwerte Journal," a reknowned investor magazine specializing in German #smallcap stocks. In our feature article, author Sascha Magsamen delves into the secret behind our success, highlighting the immense opportunities presented by the #energytransition and the #decarbonization of the global economy, and shedding light on why our stock is currently undervalued. Read the full story here: https://lnkd.in/eXnJkb-q Stay tuned for more updates and insights from MPC Capital! #MPCCapital #CoverStory #InvestmentOpportunities #NebenwerteJournal #GlobalEconomy #Decarbonization #SmallCaps https://lnkd.in/ek6dpUQj

As the equity markets continue to exhibit late-cycle patterns—losing momentum yet remaining near all-time highs—it's crucial to look beyond traditional strategies like the age-old adage, "Sell in May and Go Away." In my latest piece for Intelligent Investors, in German, I delve into why this period of ambiguity is a pivotal time for investors to focus on both Quality and Value to strategically navigate the complexities of the current market environment. Read my full analysis here https://lnkd.in/eivrtVXC #inflation #diversification #equities

The #Dax's upswing has lasted an unusually long five months. Investors are hoping that interest rate cuts by the #Fed in the #USA will prevent a downturn in the American #economy. Now some are talking about "no landing". But "up and down again and again" is part of the economy and stock market despite #AI. My commentary column:  Frankfurter Allgemeine Zeitung

Sharing my thoughts with Fundview: We have been warning our investors for weeks that a differentiated view of the stock market is necessary due to the strong index concentration in stocks associated with artificial intelligence. The major indices such as the MSCI World or Nasdaq are currently seeing a lot of speculation on future earnings, which is reflected in strongly fluctuating valuations. As a result, the indices can become decoupled from the current economic reality - as has already happened on the way up. ❓ Is it time to panic? No it is a healthy correction. Various strategies have risen excessively in recent months: AI stocks, short volatility, short Japanese yen. A dangerous mix of events - such as weak tech earnings or a tight Bank of Japan - has been enough to catch over-positioned investors on the wrong foot. 💡 Is the US economy healthy? Yes, it is. The US labor market is weakening, but still far above the typical levels of a recession. The labor market is also a lagging indicator. Real-time data such as Indeed job ads or the employment sub-index of the services PMI give reason to be confident that demand for labor will remain stable. Real-time data such as restaurant visits and travel spending show no decline in consumption. 📈 Buy or sell? In the ART Global Macro Fund, we are currently taking profits in defensive positions such as the Japanese yen and US government bonds. On the equity side, we are buying value stocks in industrialized and, in particular, emerging markets, while avoiding future growth industries for the time being. #global #macro #equities #volatility #investmentfund Markus Baumgartner

As a cash market operator, we enable companies to finance their activities via #CapitalMarkets and institutional investors to participate in the growth of companies. But what about private #investors? This topic covered Eric Leupold in today’s Börsen-Zeitung. In his article, he outlines how we are building up a more attractive capital market for retail investors within Germany. As the largest ETF exchange in Europe, we offer private investors a broad range of #ETFs with free savings plans on Xetra Trading. At the same time, our #OpeningBells, participation in #IPOs and the Deutsche Börse Visitor’s Centre are part of our commitment to attract more private investors, who are interested in the capital market and shares. Interested in the read? Find the German op-ed here: https://bit.ly/3v5Il2n

After getting off to a slow start, the #ASX200 was up 0.21% in Friday afternoon trade in what has been an overall flat week for the markets.  Tech stocks, Telcos and Health Care were leading the way at time of writing, while the Energy sector fared poorly and Utilities were also lower.  Boral jumped almost 10% and is now trading 8% higher after the building materials maker lifted its profit guidance for the 2024 financial year. CEO Vik Bansal said Boral was on track to resume paying regular dividends after last paying a regular dividend in April 2020. Cochlear is trading at a record high of $317.81, having gained over 4% today and extending its Thursday gains after the hearing aid maker upgraded its FY 2024 profit guidance. More at #Proactive #ProactiveInvestors #ASX #MarketReport http://ow.ly/CLFO105g9wF