Asia Stocks Set For Best Monthly Gain Since Sept. 2010

The findings are worth a look, but this method of stock picking still falls short of a long-term value investing approach. High growth vs. low growth in the insurance space We can useMetLife (NYSE: MET ) as a typical low-growth player and Lincoln National Corporation (NYSE: LNC ) as the contrasting high-growth player. In the chart below showing the forward P/E ratios for each company, its clear to see they are being valued very similarly between 8.5 and 9 times forward earnings.

(Photo: Bryce Duffy, Getty Images) Story Highlights Conventional wisdom is that rising interest rates are bad for stocks Since bull market began, six periods of rising rates have seen solid stock gains Over time, rising rates means investors will leave stocks for bonds SHARE 1 CONNECT 3 TWEET COMMENTEMAILMORE NEW YORK — Rising interest rates are supposed to be bad for stocks. But in the current bull market that began in March 2009, rising rates have actually been bullish. “Increases in interest rates have been a bull’s best friend,” Paul Hickey, co-founder of Bespoke Investment Group, wrote in a new research report. Since the bull market began, there have been six periods in which the yield on the 10-year U.S.

The main TAIEX index climbed to 8,215.64 points, recovering from a 1.2 percent drop on Thursday. Banks jumped 0.5 percent and techs were up 0.5 percent. But construction companies dropped 2.6 percent on the central bank’s warning of rate fluctuation risks. The Taiwan dollar rose T$0.088 to stand at T$29.585 to the U.S. dollar.

The Nikkei 225 dropped 0.3 percent. Australias S&P/ASX 200 Index (AS51) advanced 0.2 percent to a five-year high. New Zealands NZX 50 Index rose 0.4 percent and South Koreas Kospi index gained 0.2 percent. Futures on the S&P 500 Index slipped 0.1 percent. Hong Kongs Hang Seng Index climbed 0.5 percent after Chinas industrial profits rose in August. Taiwans Taiex Index added 0.6 percent and Chinas Shanghai Composite Index gained 0.2 percent.


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