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Daily Financial Advice from Money Morning

No Brexit and a minority government – the future for Britain?

There’s a good chance that our next government will be a coalition, with Jeremy Corbyn at the reins and Brexit delayed indefinitely. John Stepek looks at what that means for your portfolio.
The post No Brexit and a minority government – the future for Britain? was first published on MoneyWeek.

Aswath Damodaran: beware the past performance of US stocks

Past performance is no guide to the future, says Aswath Damodaran. But many of our investment strategies are shaped by the history of the US stockmarket over the past century or so.
The post Aswath Damodaran: beware the past performance of US stocks was first published on MoneyWeek.

Mind the US earnings GAAP

For US companies, the gap between Gaap and reported earnings per share reached $19 last year, making a big difference to the perception of company profits.
The post Mind the US earnings GAAP was first published on MoneyWeek.

The message for investors from Uber’s flop IPO

Uber’s IPO has been a disaster. That suggests private markets are even more exuberant than public ones.
The post The message for investors from Uber’s flop IPO was first published on MoneyWeek.

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