Chart of the Day
Deflation Has Been Rare in the US Since 1964
Chart of the Day: US has only had deflation in 2% of months since 1964. First, following the Global Financial Crisis and the second period of deflation followed the oil price drop that began in late 2014.
Read MoreJapan Shows That Long-Term Deflation Is Bad for the Stock Market
Chart of the Day: Japan’s economy recovered and boomed after WWII until the early 1990s. It was during part of this boom that the country experienced its high-inflation periods. Japan shows that long-term deflation is bad for stock market returns.
Read MorePhilippines Has the Highest Gearing in Asia
Chart of the Day: Philippines had the highest gearing and the only country above 100%. Taiwan’s low gearing is partly explained by about 50% of total market cap is Info Tech companies, which usually have much cash.
Read MoreChina Trades Below the World on PB but Offers Same ROE
Chart of the Day: Indonesia is most expensive on PB in Asia, followed by India. They also have the highest ROE. China A trades below the World but offers ROE that is in line.
Read MoreThailand and Indonesia Have Strong Fundamentals Relative to Asia
Chart of the Day: Hong Kong has the highest net margin, but lowest efficiency. Taiwan has the highest efficiency, but thin net margin. Thailand and Indonesia are strong on both.
Read MoreChina Has Had the Highest Revenue Growth, Thailand the Best Price Return
Chart of the Day: China has had the highest revenue growth, but price performance was below the World. In the past 6 months, Thailand and Japan saw the highest price change.
Read MoreKorea Trades at 9x PE and the Philippines at 20x and Korea Offers Better EPS Growth
Chart of the Day: Korea trades at low PE and is expected to see earnings growth in line with the World in 2018. The Philippines is expensive, trading above the US. Korea, China A, and India all trade at PEG ratios below 1.
Read MoreKorea Appears Most Attractive in Asia, Followed by China and Thailand
Chart of the Day: Korea tops the list driven by cheap valuation and great earnings momentum. China ranks second, driven by strong momentum in both price and earnings.
Read MoreHighest Leverage in Americas
Chart of the Day: Bottom-up aggregation of 16,200 non-financial companies in the World. Relatively high gearing in Americas. Low balance sheet risk in Developed Pacific, Emerging Europe, and Emerging Asia.
Read MoreEmerging Markets Have the Strongest Earnings Growth
Chart of the Day: All regions have shown earnings recovery for the past 12 months. Seeing strong growth in all Emerging regions. Only Developed Americas showed single-digit growth at 7%, unlike other regions.
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