Corporate Profits, Economic Growth, and Equity Valuation

Scott Grannis asks : Corporate profits are fantastic—what's wrong with equity prices? As I've discussed numerous times (an example ...

P/E Excluding Cash and Short-Term Investments

The below shows the Price / Earnings ratio for all components of the DJIA excluding financials (don't have a clue as to whether their e...

Taking a Look at the Cash Hoarders

The Huffington Post details the top 11 cash hoarders. Instead of building plants or hiring workers, corporate America is clinging to its c...

MSFT vs. AAPL Earnings

Ahead of this Thursdays Microsoft earnings (consensus is at 55 cents / share or ~$4.76 billion), a comparison of Microsoft's quarterly e...

Are Corporate Earnings Sustainable?

Last week, EconomPic showed the historically relationship between the treasury yield and nominal GDP growth. Below, we compare corporate e...

More on Equity Earnings Yield

EconomPic has detailed the (what appears to be) relative attractiveness of the earnings yield of the S&P 500 on multiple occasions the ...

Earnings Season has Been Strong

Bespoke Investment Group (hat tip Abnormal Returns ): S&P 500 stocks have been beating earnings estimates at a much higher rate. Throug...

On the Relationship Between Earnings and Yield

Trader's Narrative (hat tip Abnormal Returns ) has an interesting piece from Wayne Waley ( CTA ) about the relationship between S&...