After back-to-back 20-percent gains in 2024 and 2023, the S&P 500 is up another 12 percent this year. Its market cap is near $59 trillion. Several valuation multiples are either elevated or at fresh records, even as households’ equity allocation … Continued
Early signs of tariff repercussions are appearing. Companies are withdrawing their forward guidance. It is just a matter of time before this reverberates through elevated earnings estimates for both this year and next. All this comes at a time when … Continued
Amid interesting developments relating to a couple of dividend metrics, the S&P 500 quickly shed 5.3 percent from high to low this month and is just underneath crucial support-turned resistance. The S&P 500 quickly shed 5.3 percent in 12 sessions, … Continued
Next week, 3Q18 earnings season gets underway. Estimates are a little lower than when the quarter began. This should help companies meet/beat numbers. Elsewhere, year-over-year growth in 2018 estimates has peaked. Historically, this has had repercussions for the S&P 500. … Continued