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Real estate valuation and market opportunities

Lately I’ve been researching on real estate valuation and have come up with a few reflections on market opportunities for investors. No matter how skeptical individual investors might be but sound investment analysis involving commercial property on individual deals can gain useful insight. We know that for institutional investors. But

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Posted in Economics
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Bill Gross leaves PIMCO

Audio clip in “Money talks” by The Economist The “Bond King” departs

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Posted in Economics
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Mr. Vanzini delivered on the air

If economics commentators did not abound around home, one would certainly need them. But in case you are one of the luckiest living in a remote area and miss your favorite finance & economics wizard, here’s a link - sadly only in Italian, though – delivering right to your newest flat

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Posted in Economics
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Shadow economy on SEPA’s eve

The so called shadow economy still matters and though it has gone down by a meaningful share of GDP in world economies it isn’t yet the shadow of what it used to be until a few years ago. The art and science of gauging macroeconomic quantities tells us that nominal GDP (i.e.

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Posted in Economics
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Are top “growers” top “performers”?

Life is hard when it comes to forecast future returns. How much expected earnings growth accounts for relative performance? Based on data by Factset about Stoxx 600 securities as of November 30, 2013, picking the top 115 12-month performers vs. the index and  comparing them with the top 115 securities in

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Posted in Economics
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Look yourself in the mirror!

To whoever conveyed recently his or her doubts – during a seminar – about how ‘in practice things look differently in comparison with how simple you’ve put them in theory’ expressing hesitation about the conclusions on the dividend yield-price earnings ratio relationship, I’d like to draw his or her attention

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Posted in Economics
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ECB’s Financial Stability Review: last call

The ECB’s recent last call to public finance austerity and reform rigor has been relayed by its last Financial Stability Review update on November 27. Though admittedly austerity has been and still is a short-term recessive drag on the mostly stressed peripheral euro economies, it remains an important factor to be

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Posted in Economics
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Duration matching and bond selection

READ a book about fixed income investment management and you’ll be baffled.

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Posted in Economics
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