Public S&P 500’s Winners & Losers Apr 10, 2022 1 min read The S&P 500 is down 5.8% ytd. Under the circumstances--e.g., war in Ukraine, continued supply-chain difficulties, high inflation, Fed in tightening mode, rising bond yields, and recession fears--that's not too bad. However, when we look under the hood, only four of the S&P 500's 11 sectors are up ytd: Energy (43.3%), Utilities (7.5), Consumer Staples (2.3), and Ed Yardeni
Paid Are oil companies price gouging us? Apr 1, 2022 1 min read paid Senator Elizabeth Warren thinks so. Earlier this month, she tweeted that she gets "supply and demand." She also acknowledged that "Putin's war is causing gas prices to rise." But she still accused oil companies of gouging as evidenced by their rising profit margins. So she wants to impose a windfall profits tax on the oil companies. President Jimmy Carter did that with the Crude Ed Yardeni
Paid New records in reach Mar 30, 2022 2 min read paid The S&P 500 is on the verge of making new record highs. It is only 3.4% below its January 3 record high as of March 29! The fundamentals remain very strong with both S&P 500 forward revenues and earnings at record highs. I expected that. I didn't expect that the forward P/E would pop back up to 19.9 on March 29 Ed Yardeni
