Updating the numbers this holiday weekend, the expected 2019 SP 500 estimate today is $162.20 vs 2019’s actual tax-cut-aided $161.93, so there is now a whopping difference of $0.27 between the two years actual SP 500 EPS, which puts 2019’s … Continued
Contrary to most investors thinking that gold is primarily an inflation hedge, thinking about gold and its correlation to long-term equity returns, my own opinion is that gold is really a hedge for sub-par equity market returns, and gold and … Continued
The bottom row of the above section of spreadsheet shows that the “1-year % chg” has now improved for 4 straight weeks (hopefully that will continue) but I’d like to see another few weeks of growth in order to … Continued
With Schwab’s balance sheet restructuring, check out the changes in cash-flow generation for the discount-broker-cum-asset-management king, the last 3 years. While some of this might be temporary, the cash-flow and free-cash-flow improvement means that Schwab (SCHW) COULD return more capital … Continued
Each quarter Dr. David Kelly, the Chief Global Strategist for JP Morgan and his team, publish the “Guide to the Market” (GTTM) which is 70 – 75 pages chock full of some of the best capital market, economic and … Continued