In late July ’23 the SP 500 earnings yield was scraping 5% as noted within this earnings update from July…
Next week, the “forward 4-quarter estimate” will jump to $230.69 (or thereabout), as the range of quarter’s is changed from…
Under 5% and the SP 500 earnings yield (EY) tells us the equity market is too stretched. The EY is not…
Overbought market: Technically the SP 500 is now in “extreme overbought” range per this weekend’s Bespoke chart. SP 500 Earnings…
It will be interesting to see how much of the recent move in Treasury yields is a default premium being…