The Latest Look At The Total Return Roller Coaster – Thursday, September 7
Note: We’ve updated the charts below based on monthly data through August. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted […]
The Highest Shareholder Yields: The 100 Stocks That Return The Most To Shareholders
Dividends are the most common method that a company can use to return capital to shareholders. Dividend growth investors often place significant emphasis on dividend yields as a result. However, share repurchases are also an important part of a healthy capital return program. Debt reduction should also be welcomed by investors. There is a single […]
Is Improving Productivity Pushing Stocks Higher?
A common and logical question often posed by investors in recent months is: What is driving the stock market? One possible explanation was covered by BloombergView: “It’s the puzzle perplexing central bankers, investors and financial writers: How has the U.S. economy accelerated its expansion in recent months without a big drop in unemployment and with core […]
USD/CAD – Can It Hit 1.2100?
There is no doubt that the loonie has been the most powerful currency as of late. The pair, boosted by a hawkish BOC and surprisingly robust GDP growth has been on a one-way trip towards the key 1.2000 support level. Although the BOC appeared to indicates that its surprise rate hike this week may […]
Senate Passes Debt Ceiling/Govt Funding Deal: Here’s What Happens Next
Moments ago the Senat passed the debt ceiling/government funding/hurricane aid deal, cobbled between Trump and the Democrats to howls of protest from the GOP, in an 80-17 vote. As a result, the debt limit will be suspended until December 8 and and fund govt through Dec. 8; it also provides $15.25b in disaster funding for […]
The S&P 500, Dow And Nasdaq Since Their 2000 Highs – Thursday, September 7
This update is in response to a standing request for real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite. It includes the latest monthly close data. Here are two overlays — one with the nominal price, excluding dividends, and the other with the price adjusted for inflation based on the Consumer Price […]
2Q2017 (Final): Headline Productivity Shows Significant Gain
A simple summary of the headlines for this release is that there was significant growth of productivity while the labor costs grew less. There continues too much backward revision which completely reversed trends making one wonder wtf is going on. Analyst Opinion of Productivity and Costs I only look at year-over-year data – the headline […]
Four High Earnings Yield Stocks To Boost Your Portfolio
Earnings yield is a very useful ratio for investors who are willing to put their money in bonds or stocks. It is the reciprocal of the price-to-earnings (P/E) ratio. This ratio is very handy in tracking undervalued stocks. It can also be used for comparing stocks with the market or fixed income securities. Earnings yield […]
GBP/USD Struggles At Resistance – Weakness To Offer Opportunity
GBP/USD Daily Chart Technical Outlook: Last month we noted that Sterling prices were approaching a region of key, “structural support at the December high / lower parallel at 1.2760/75– a level of interest for possible exhaustion.” Indeed prices registered a low of 1.2773 before reversing sharply higher with the advance now approaching initial resistance targets at 1.3121– a level defined […]
‘Bubble Music Is Playing’ In Financial Engineering
There’s been no shortage of digital ink spilled in these pages about what central banks hath wrought in terms of the incentive for corporates to borrow to fund buybacks. With policymakers driving everyone down the quality ladder in search of yield, investors clamor for corporate debt. And where there’s insatiable demand, there will be someone […]
