Fans of cheaper equities that pay higher dividends can rejoice. Based on their forward price-to-book ratios, value shares globally are trading in the lowest price-to-book ratio zone relative to growth stocks since at least 2004, according to data compiled by Bloomberg.
Despite all of the news about tariffs and trade, the spread between high yield junk bonds and 10-year Treasuries is currently within 10% to 20% of the narrowest spreads that have occurred over the past 10 years, and more than 35% below the 30-year average spread.
Forbes interviewed Jim Brilliant on June 22, 2018 about our belief that oil prices are going higher and the opportunities that we see in energy.
Century Management posted a report that discusses its latest thoughts on oil.
James Brilliant, Century Management Investment Advisors co-CIO, discusses with Bloomberg's Julia Chatterly and Scarlett Fu on Bloomberg Markets