In recent years, we’ve supplemented our longstanding normalized earnings technique with the simpler method of referencing any past peak in EPS (or, for that matter, trailing peaks in other corporate fundamentals, like cash flow and sales per share). While we believe it’s a good addition to our valuation arsenal, at the moment, the use of prior cycle peaks as a…
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A financial market resource for the every-day investor and trader.
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Risk Asset Prices Rerated for Growth: Has the Global Economy Found It’s Low Period?
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Markets: Job openings fell in September according to the latest JOLTS report out today, while our “Take this job...
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Merrill Lynch: The Great New Dawn Era (2022 and beyond)
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Weekly State of the Market: Is The Bull Getting Tired?
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Welcome to this week’s State of the Markets. Please click the following link to review this week’s SOTM. In this week’s episode, we take a look...
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