Anyone seeking to understand the S&P 500 Index’s performance in the decade-long bull market ought to focus on earnings. Comparing the S&P 500’s profit growth on a per-share basis with its value since mid-2009. Earnings climbed 203% as the index rose 232%.
The relationship between dividends and earnings on the S&P 500 Index. U.S. companies are showing the kind of confidence that points toward a rebound in earnings growth. Payouts increased 7.5% on a per-share basis from Sept. 30 through Friday even though profit only rose 1.1%, according to data compiled by Bloomberg. So far, companies seem … Continue reading Dividends and Earnings
Some of the world’s biggest stock markets are also among the most likely to disappoint investors, according to a study. In Australia, Germany, Japan, South Korea and the U.K., fewer than 40% of shares performed better than one-month U.S. Treasury bills from 1990 through 2018. All five are among the 10 largest developed markets in … Continue reading Global Investing
U.S. companies are regaining their dominance in the world’s stock markets. They accounted for about 56% of the total market value of the MSCI All-Country World Index at the end of last week, according to data compiled by Bloomberg. Their weight in the index, consisting of companies in developed and emerging markets, was the highest … Continue reading Heavy Weight
Anyone planning to have ribs and pulled pork on July 4th may get a price break. Happy 4th of July!
Expecting the S&P 500 Index to build on Monday’s 0.8% advance through the rest of this quarter may be wishful thinking, based on history. The index had its worst performance in the third quarter between 1980 and 2018. Gains in the third quarter averaged 0.3%, far below the comparable figures of 2.6% for the first … Continue reading Earnings
Americans are feeling upbeat!
Gold’s climb to a six-year high may reflect its status as “a positive yielding asset” relative to much of the world’s debt, The connection between the precious metal’s price in New York futures trading and the dollar amount of bonds with below-zero yields. Gold rose above $1,400 an ounce last week as the Bloomberg Barclays … Continue reading Gold is Climbing
Is there's room for the record-setting rally in U.S. stocks to get even broader?
Gold’s rise to its highest price in more than five years showed central-bank policy changes. Gold for immediate delivery traded Thursday for as much as $1,394 an ounce, surpassing the high end of its trading range since October 2013, according to data compiled by Bloomberg. The precious metal rose after the Federal Reserve and the … Continue reading All That Glitters