Equity Risk Premiums

Country Risk: My 2024 Data Update

After the 2008 market crisis, I resolved that I would be far more organized in my assessments and updating of equity risk premiums, in the United States and abroad, as…

jamur July 24, 2024

Equity Risk Premiums Mean Reversion Price of Risk

The Price of Risk: With Equity Risk Premiums, Caveat Emptor!

If you have been reading my posts, you know that I have an obsession with equity risk premiums, which I believe lie at the center of almost every…

jamur August 5, 2023

Country Risk Equity Risk Premiums

Country Risk: A July 2023 Update!

I have looked at country risk, in all its dimensions, towards the middle of each year, for the last decade, for many reasons. One is curiosity, as political and economic…

jamur July 25, 2023

Data Updates Equity Risk Premiums Inflation and Stocks

Data Update 2 for 2023: A Rocky Year for Equities!

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at…

jamur January 22, 2023

Equity Risk Premiums Inflation Risk Capita

Reaping the Whirlwind: A September 2022 Inflation Update!

In my early 2021 posts on inflation, I argued that while the higher inflation that we were just starting to see could be explained by COVID and supply chain issues,…

jamur September 26, 2022

Country Risk Discount Rates Equity Risk Premiums

Country Risk: A 2022 Mid-year Update!

It has been my practice for the last two decades to take a detailed look at how risk varies across countries, once at the start of the year and once…

jamur July 13, 2022

Equity Risk Premiums Fund flows Pricing and Value

Risk Capital and Markets: A Temporary Retreat or Long Term Pull Back?

As inflation has taken center stage, markets have gone into retreat globally, and across asset classes. In 2022, as bond rates have risen, stock prices have fallen, and crypto has…

jamur July 1, 2022

Equity Risk Premiums Market Valuation

Data Update 2 for 2022: US Stocks kept winning in 2021, but…

Leading into 2021, the big questions facing investors were about how quickly economies would recover from COVID, with the assumption that the virus would fade during the year, and the…

jamur January 19, 2022

Data Update Default Spreads Equity Risk Premiums

Data Update 2 for 2021: The Price of Risk!

Investors are constantly in search of a single metric that will tell them whether a market is under or over valued, and consequently whether they should buying or selling holdings…

jamur January 20, 2021

Equity Risk Premiums Market Crisis Pricing and Value

A Viral Market Update VII: Mayhem with Multiples

I get a sense that I am approaching the end of this series of weekly posts, or perhaps I am just hoping that it is true, as the COVID crisis…

jamur April 24, 2020