Ken Fisher’s International Articles

지금 강세? 약세?… 투자 심리 분석하는 ‘어려운 방법’과 ‘쉬운 방법’

By Ken Fisher, Chosun Ilbo, Friday, April 26, 2024

아직까지 반전은 없다. 나는 ‘2024년 전망’에서 글로벌 주식의 강세를 예상했다. 지난 2일까지 글로벌 증시(MSCI AC World 지수)가 12.6% 상승한 것은 예상에 부합하지만, 코스피는 이에는 못 미쳤다. 상승세는 계속될 것이고 그렇게 보는 이유 중 하나는 투자심리다. 주가는 현실과 기대의 차이에 크게 움직이기에, 후자를 가늠하는 게 중요하다. 투자심리를 분석하는 덴 ‘쉬운 방법’과 ‘어려운 방법’이 있는데, 둘 다 충분한 비관적 시각을 보여주고 있어서 앞으로도 강세장을 예상할 수 있다.

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“Tro ikke på pessimi­sterne – der er grund til aktieop­ti­misme”

By Ken Fisher, Børsen, Wednesday, April 24, 2024

Stemningen på aktiemarkedet tyder på flere gevinster. Alligevel hævder pessimisterne, at markedet er tilskyndet til eufori Ingen overraskelser endnu. Min forventning til 2024 forudså et stærkt år for aktier. Det er det også indtil videre med 9,1 pct. i afkast på verdensplan til og med den 4. april – og en stigning i OMX All-Share på 14,4 pct.

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Las oportunidades para emprender están en todas partes

By Ken Fisher, elEconomista, Wednesday, April 24, 2024

¿Alguna vez se ha parado a pensar lo siguiente? Durante siglos, el éxito de los negocios estuvo condicionado por la geografía: para lograrlo, había que ir donde se acumulaban la industria y el capital. Así es como Estados Unidos se convirtió en la tierra de las oportunidades. Pero, ¿sigue siendo así en la actualidad? Hoy en día, las oportunidades surgen por doquier; no solo en las grandes capitales como Madrid y Barcelona, también en ciudades más pequeñas, como Mérida o Burgos, o incluso en el extranjero. La tecnología llega al último rincón de cada sector, de modo que cualquiera, en cualquier lugar, puede crear una empresa que mejore el mundo y generar beneficios. Esto le incluye a usted. Analicemos algunos datos.

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Stressed about rising gas prices? There’s a major upside in stocks if you know where to look

By Ken Fisher, New York Post, Sunday, April 21, 2024

Stocks have kickstarted the good-to-great year I forecast in December – the recent volatility and fears of war escalation in the Middle East notwithstanding. More pleasant surprises await. One biggie: Energy stocks, whose recent outperformance should run strong late into 2024. The sector’s rally isn’t some OPEC+ cut-induced headfake or a temporary, war-driven spike. It’s the real thing. Let me show you why.

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The new - and little discussed - threats to markets over the next year

By Ken Fisher, The Globe and Mail, Thursday, April 18, 2024

Risk or ruse? Today, false fears fly, with bears citing endless “risks” supposedly set to whack the TSX and world stocks. The Middle East and Ukraine. Delayed rate cuts. Debt-devouring developed economies. On and on. Wrong! For stocks, these widely watched worries are old news.

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To forecast stocks, get sentimental: the signs point to more bull market ahead

By Ken Fisher, The Australian, Monday, April 15, 2024

So far, so good! My 2024 outlook called for strong gains down under and worldwide – but with Aussie stocks lagging early before soaring late. Global returns of 11.6 per cent through to April 8 alongside a 3.9 per cent ASX rise speak to just that. More gains await. One key reason? Sentiment. Stocks always move most on the gap ­between expectation and subsequent results, so gauging the former is crucial.

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הבחירות לנשיאות בארה"ב ייתנו רוח גבית למדד ת"א־35

By Ken Fisher, Calcalist, Sunday, April 14, 2024

כטבען של מניות קרות לב, להן קל יותר להתאושש מהזוועות, וכך מדד ת"א־35 שב לאיתנו מאז ההלם של 7 באוקטובר, וגל עליות נוסף נמצא בפתח, אך לא בגלל שהמניות צופות איזה ניצחון מהיר של צה"ל. פשוט כי כשמדברים על שווקים, הגלובלי תמיד יגבור על המקומי. נושבת גם רוח פוליטית כלשהי, לא־מזוהה. הרי זוהי שנת בחירות לנשיאות ארה"ב – והיא נהדרת לשוק המניות הן בארה"ב והן בישראל.

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Forget Ukraine and Israel – investors won’t see these risks coming in 2024

By Ken Fisher, The Telegraph, Saturday, April 13, 2024

Surprises have the most sway over stocks – both positive and negative. My 2024 forecast suggested that pessimists, fixated on issues like the cost of living and wars in Ukraine and Israel and Gaza, would be shocked by double-digit bull market gains. So far so good, with world markets soaring 9.9pc in the past few months.

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