Dr. David Kelly and his team at JP Morgan put together – each quarter – one of the best capital market, economic and portfolio management summaries on the Street in the form of JP Morgan’s, “Guide to the Market”. This … Continued
This blog post on the credit markets on May 5th, gave the first reference to the SP 500 being flat over the last 18 months. Let’s flush out the numbers a little further: 1/26/18 high tick: 2,872.87 9/21/18 high tick: 2.940.91 … Continued
With 497 of the SP 500 having reported their Q4 ’18 earnings, attention has been focused on Q1 ’19 and full-year 2019 SP 500 earnings for a few weeks, and really since Wal-Mart reported since, the majority of companies have … Continued
A little more discussion on 2019 SP 500 EPS estimates and looking into next year. Staying away from sector estimates for now, how have 2019 “bottom-up” annual EPS estimates tracked for the SP 500 over 2018 ? Readers … Continued
With the 2.5% rally this week in the SP 500, the SP 500 “earnings yield” ended Friday, November 2nd, 2018 at 6.36% vs last week’s 6.52%. The last time we saw a lengthy string of SP 500 earnings yield prints … Continued