Ritholtz’s Brown claimed the shares he favors are trading at a 34% discount relative to the S&P 500, when compared to an average discount of 16% more than the previous 20 decades.
Supply
These shares are ‘twice as cheap’ as the S&P 500 with a ‘multi-ten years lower price,' states Ritholtz’s Josh Brown
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Josh Brown buys CBRE after AI disruption fears drive steep sell-off
Josh Brown, CEO of Ritholtz Wealth Management, told CNBC’s ” Halftime Report ” on Friday that he added to his CBRE position after the stock plunged on investor fears that artificial intelligence could weigh on office real estate demand. CBRE and a slate of office real estate stocks dropped this week after Elon Musk said […]
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Venezuela oil sales top $1 billion, funds won’t go to Qatar account anymore, Energy secretary says
Venezuela’s interim President Delcy Rodríguez and U.S. Energy Secretary Chris Wright speak with the media after attending a meeting, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it aims to help rebuild, in Caracas, Venezuela, […]
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Why Canada hopes China will boost its auto manufacturing industry
Canada’s decision to reduce barriers for Chinese electric vehicles is one piece of a larger pivot away from a reliance on the United States. The Canadian government is aiming to develop joint ventures with Chinese and Korean firms and trying to revive its manufacturing base with tax breaks as it faces a strained relationship with […]
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