Fed Rate Hike this Week – Here is the Conundrum

https://www.frbsf.org/education/publications/doctor-econ/2013/march/federal-reserve-interest-balances-reserves/ One article read this weekend – think it was from the CNBC app – noted that the surprise with this week’s FOMC announcement could be that that the Fed starts paying interest on member bank deposits ? I have … Continued

SP 500 Earnings Yield Jumps to 6.11%

The SP 500 earnings yield ended Friday, March 23, 2018 at 6.11%, higher than the 6% print on February 9th, 2018. Of course since the week of February 9th, the SP 500 forward estimate has risen from $157.28 to this … Continued