The cyclically adjusted price/earnings (Cape) ratio is far from perfect as a valuation measure. But it’s certainly worth paying some attention to.
Articles written by John Stepek
The US Federal Reserve has a new head. But don’t expect much in the way of new policies, says John Stepek. It will be more of the same.
The success of cryptocurrency bitcoin is a direct result of the financial crisis and central banks’ reaction to it, says John Stepek. It’s what happens when you can’t trust money.
Shares in Centrica, owner of British Gas, come with a dividend yield of 8% after the share price fell dramatically last week. So should you buy in?
John Stepek with another roundup of the charts that matter to the global economy.
In the latest in his series of history’s worst financial crises, John Stepek looks at how the Wall Street Crash of 1929 unfolded.
Yesterday’s Budget was largely uncontroversial, with the chancellor not dropping any obvious clangers. John Stepek casts his eye over the main points, and explains what they mean for you.
The Budget is largely a waste of time. But the chancellor is under heavy pressure to “do something”. John Stepek looks at what Philip Hammond might come up with tomorrow.
This year’s German election was supposed to be dull and efficient. But it turned out to be very messy indeed. John Stepek looks at how that might affect your money.
Markets had a nervy week, with investors rattled by almost everything. John Stepek turns to the charts that matter to see what they can tell us.