For “Fed Model” fans, a SP 500 earnings yield of 5.70% with a 10-year Treasury rate of 2.19% continues to indicate that stocks are more reasonably valued than Treasuries, from a relative perspective, but the Fed Model always needs to … Continued
Good chart from Chris Kimble’s technical analysis service. The sustained dollar weakness has been one of the surprises to 2017. I cant help but think at least some of it has to do with the inability of Treasury yields to … Continued
Looking at the “weekly” chart of the TNX, the CBOE 10-year Treasury Yield Index, Id say the 10-year Treasury yield is at a critical level. A trade much lower in yield toward 2% and I’d say that the uptrend … Continued
Per Thomson Reuter’s “This Week in Earnings” (by the numbers) as of 7/7/17: Fwd 4-qtr estimate: $139.21 P.E ratio: 17.5(x) PEG ratio: 1.82(x) SP 500 earnings yld: 5.74%, nice increase over last week’s 5.56% Year-over-year growth rate of fwd est: … Continued
It was somewhat surprising to hear/read Larry Fink, the BlackRock CEO make a comment on Q2 ’17 earnings, although it was unclear whether he was talking Blackrock’s (BLK) results as a firm, or the economy / SP 500 in general. … Continued