Investors are now earning the smallest earnings yield on the S&P 500 relative to 2-year Treasury yields since 2007; Today’s market has eerie resemblances to previous market peaks

Investors are now earning the smallest earnings yield on the S&P 500 relative to 2-year Treasury yields since 2007. pic.twitter.com/DHhOqOBq2G — Lisa Abramowicz (@lisaabramowicz1) September 20, 2018 So, companies are more leveraged than ever.  According to Bloomberg, “The average debt-to-capital …

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Real Average Hourly Earnings Are Negative

via confoundedinterest17 The monthly jobs report for July is out and it shows that total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent. Employment increased in professional and business services, in manufacturing, and …

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$MSFT Earnings

https://www.cnbc.com/2018/07/18/microsoft-earnings-q4-2018.html Some points (paraphrased from article): Earnings of $1.13 per share, vs. 1.08 cents per share expected Revenue: $30.09 billion vs. $29.21 billion expected; grew 17% Commercial cloud revenue growth slowed 5%, from up 58% previously to up 53% this …

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Ready for the earnings season?

I believe the key will not be 2Q earnings, but guidance. If guidance is vague or not confirmed, stocks may fall aggressively. Most companies may beat, but remember the vicious falls in 1Q when stocks simply met estimates or reiterated …

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Bloomberg article today: Are corporate earnings incredibly understated- as in $ Trillions?

I have mixed feelings about Prof. Lev’s theory- aren’t you just frontloading the cost of these intangibles into early years resulting in higher profits on books later, so it “all comes out in the wash?” https://www.bloomberg.com/news/articles/2018-06-06/what-s-a-stock-worth-in-new-economy-accounting-has-its-critics On paper, Autodesk Inc. is a …

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How Sustainable Is Earnings Growth?

Via Global Macro Monitor, Not very… and we will leave the calculation for the entire stock market to the stock analysts. Here’s why: Just glancing over WalMart’s latest earnings release from the week, we see two one-off macro factors that helped WalMart’s …

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RED ALERT: ‘76% of companies that went public in 2017 had negative earnings, the highest level since the peak of the dot-come era’

WTF–> "76% of companies that went public in 2017 had negative earnings, the highest level since the peak of the dot-come era," h/t @macrodidact pic.twitter.com/44svckh6Nc — Alastair (@StockBoardAsset) May 17, 2018 "Corporations have returned $992 billion to shareholders in the …

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What Could Possibly Go Wrong? Negative Signal For Earnings Estimates, Households Suffer Under Soaring Commodity Prices, Corporate America Is Staring Down A $4 Trillion Wall Of Refinancing…

"Very Negative Signal for Earnings Estimates (a few short term charts are circulating, but the relationship goes back at least 40 years and the correlation is rising)," h/t @Not_Jim_Cramer $SPX $VIX pic.twitter.com/66eynO9xtG — Alastair (@StockBoardAsset) May 9, 2018 will households …

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