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Author: Brian Gilmartin

Trump ’16-’17 vs. Trump’24 -’25: The Stock Market “Math” Still Looks Tough

December 1, 2024 Brian Gilmartin Leave a comment

Barrons (www.barrons.com) had a good article (subscription may be required) on the prospects for 2025 stock market returns this weekend,…

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Posted in: 2025 expected stock and bond market returns

SP 500 Earnings Update: Big Week for Labor Market Data / Treasuries Rallied Sharply Last week

November 30, 2024 Brian Gilmartin Leave a comment

The following table from Briefing.com lists the scheduled economic data releases for December 2nd through December 6th, and like the…

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Posted in: 10-year Treasury yield, Labor Market Data, Monthly payroll report

SP 500 Earnings Data Won’t Call a Market Top

November 24, 2024 Brian Gilmartin Leave a comment

Having written a weekend blog post on trends in SP 500 earnings data for the last 20 years, it’s important…

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Posted in: Weekly Earnings Update

Walmart Earnings Summary: The “Flywheel” Levers are Beginning to Turn

November 21, 2024 Brian Gilmartin Leave a comment

Walmart reported their fiscal Q3 ’25 financial results Tuesday morning, November 19th, ’24, and if the quarter could be summarized…

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Posted in: WMT

Annual Bond Market Returns: Jay Powell Would Probably Like to Return to a Positively-Sloped Yield Curve

November 17, 2024 Brian Gilmartin Leave a comment

Here’s the annual returns for the various bond asset classes as of 10/31/24: The surprising metric as of 10/31/24, was…

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Posted in: 10-year Treasury yield, 60/40 portfolio, Bond Market(s), Bond Market(s) annual return

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Fundamentalis

  • SP 500 Earnings: Continued Upward Pressure on Forward SP 500 Estimates
  • Bond / Fixed-Income Returns Having a Good Year (so far) in 2025
  • SP 500 Earnings: SP 500 EPS Growth for 2025 Has Risen from 8% to 10% since Late June
  • Walmart Post-Earnings: Noisy Quarter, but Operationally, Walmart is Fine
  • Walmart Earnings Preview: Tariffs, Trade Policy Have Complicated Picture; Focus on the Operating Margin

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