Month: January 2018

Investors aren’t bullish enough on US stocks for 2018

Over the last few days, I've been listening to Wall Street firms talk about their expectations for the year ahead. Almost all of them have a positive view but it is the same standard presentation over and over. Most of them conclude that they prefer international stocks over US stocks because of valuation. While Europe is certainly trading at a lower multiple than the US, their growth is also expected to slow in 2018. Also note that European markets significantly underperformed US markets in the 2nd half of last year.

For Runnymede, we are certainly intrigued by the long-term opportunities in emerging markets because they have better fundamentals and lower valuations. In terms of the developed markets, we believe that investors aren't bullish enough on US markets. As I wrote a couple of weeks ago, Wall Street strategists have a target of 2848 for the S&P which I believe will be too conservative especially if interest rates stay low. Here are a couple of reasons why investors aren't bullish enough.

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China pushing to be the world leader in AI

While the media is caught up in crpytocurrency mania, the true game changing technology that investors should be focused on is artificial intelligence. From self-driving cars to Dr. Robot, AI is going to change our lives in profound ways in the near future. Russian President Vladimir Putin says, “Artificial intelligence is the future, not only for Russian, but for all of humankind. It comes with colossal opportunities, but also threats that are difficult to predict. Whoever becomes the leader in this sphere will become the ruler of the world.” Many people worry about the risks like robots deciding to destroy humans like in the Terminator or the potential for huge job losses. But I love this quote from futurist Ray Kurzweil:

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Tips for starting a small business

Ready to turn your hobby into a business? Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo …

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When to hire a web consultant

Wasting too much time on a DIY website? Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo …

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