Market valuations

S&P 500 CAPE Valuation and projection: August 2014

July 31, 2014 By John Kingham

The S&P 500 is currently experiencing a huge bull market, but it’s now clearly expensive on long-term valuation metrics like Robert … [Read more...]

FTSE 100 CAPE valuation and projection for June 2014

June 18, 2014 By John Kingham

As part of my investment process each month I review the FTSE 100 using CAPE (Cyclically Adjusted PE) in order to project a ‘best guess’ of … [Read more...]

Stock market valuation mean reversion: A powerful force

May 15, 2014 By John Kingham

Stock market valuation mean reversion, or less technically, the tendency of stock market valuation ratios to stay relatively close to their … [Read more...]

FTSE 100: Expensive, cheap or fair value?

April 22, 2014 By John Kingham

I’ve written a lot recently about the FTSE 100, whether it’s expensive or cheap and different ways of visualising the range of values it … [Read more...]