“Lower interest rates justify a higher than average price-earnings valuation”. – Pundit You’ve heard the story before: Equity valuations are high… Interest rates are low… Data sources for all charts/tables herein: Robert Shiller (http://www.econ.yale.edu/~shiller/data.htm) Ergo, high valuations are “justified” by lower interest
August 7, 2018
The Barchart Chart of the Day belongs to Kforce (KFRC). Kforce.com is a full-service, web-based specialty staffing firm providing flexible and permanent staffing solutions for organizations and career management for individuals in the specialty skill areas of information technology, finance & accounting, human resources, engineering,
Previously we’ve talked about Bitwise, the San Francisco-based company that joined the race in launching the first cryptocurrency exchange-traded fund (ETF) filed with the U.S. Securities and Exchange Commission (SEC). They’re looking to launch an ETF that would track a
Elon Musk’s feud with Tesla shorts is not business, it’s just personal. One month ago, after lashing out at some vast, anti-Tesla conspiracy (technically, he has a point, Tesla (TSLA) is the most shorted US stock for good reason) in the
Elon Musk taught every CEO a dangerous lesson today. Musk, CEO of Tesla, tweeted today that “am considering taking Tesla private at $420, funding secured”. Tesla stock prior close was around $342. After his tweet, Tesla stock shot up almost 11% to close at $379.57
Completing the latest round of tariffs pledged against China, the US Trade Representative announced on Tuesday (after the close of course) it will impose 25% tariffs on $16 billion worth of Chinese imports starting August 23. The new round of
We’ve updated our monthly workforce analysis to include last week’s Employment Report for July. The unemployment rate dropped to 3.9%, and the number of new nonfarm jobs (a relatively volatile number subject to extensive revisions) came in at 157K. The Unemployment Rate
It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios. On a side note, July was the first time ever
An email was sent to Tesla employees today by CEO Elon Musk that stated in part: “Earlier today, I announced that I’m considering taking Tesla private at a price of $420/share. I wanted to let you know my rationale for
With Apple (AAPL) crossing the $1 trillion market cap level last week, below is a chart showing the historical market caps for the four largest S&P 500 stocks at the moment. What an incredible run these four stocks have had
