bespokeinvest.typepad.com - 2/26/2009
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In an Op-Ed in this morning's Wall Street Journal, Jeremy Siegel argued that the earnings for the S&P; 500 are understating actual earnings. While his entire argument can be read here, his basic premise is that Standard and Poor's calculates earnings based on each company's total earnings ...
online.wsj.com - 2/25/2009
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online.wsj.com —
JEREMY J. SIEGEL Standard & Poor's recently shocked
investors with an announcement that reported earnings for its...
S&P 500 Index for the fourth quarter of 2008 are forecast to be negative for the first time since such data were calculated in 1936. S&P ...
(more)
Jeremy Siegel Says the Standard and Poor's 500 Index ...
bespokeinvest.typepad.com - 2/24/2009
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bespokeinvest.typepad.com —
In an earlier post on the declines that
individual stocks in the S&P; 500 have seen over...
the course of the index's six-day losing streak, we noted that because of their market caps, if they were being considered for inclusion into the index today, ...
(more)
The S&P 500's Incredibly Shrinking Market Cap
bespokeinvest.typepad.com - 2/25/2009
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bespokeinvest.typepad.com —
There have now only been two periods in
the history of the S&P; 500 where the index...
declined more than 50% from an all-time high -- 1929 and now. In the first chart below, we highlight the percentage change from the S&P; 500's most recent all-time ...
(more)
S&P 500 Now Down 52% From All-Time High
Comments
Blog Reactions
Readings 02/26/09
Paul Kedrosky's Infectious Greed —
... Sh*t...Even Index Arb Isn't Safe (Cassandra) Mendoza Line (Wikipedia) Unemployment Insurance And Unemployment Spells (SSRN) Greeks shut airports, services to protest economy | U.S. | (Reuters) Long look at Treasury Sec Geithner paints him as a capable bureaucrat without iota of leadership – also tips eventual death struggle with Volcker (Bloomberg) Are S&P 500 Earnings Wrong? (Bespoke) Are US Banks Worthless? (Minyanville) China taxes reveal ...
Related: s & p 500 earnings, jeremy siegel wall street journal, siegel and wall street journal
Jeremy Siegel Reinvents S&P 500 -- Declares it Cheap
paul.kedrosky.com 2/27/2009 — A WSJ OpEd by Jeremy "stocks for the long run" Siegel today is a little nutty. In essence he argues that the S&P 500 is cheap(er) if you weight earnings by market capitalization, instead of simply including them in the quarterly totals ...
Fourth Quarter Earnings Season: One We'd All Like To Forget
bespokeinvest.typepad.com 2/22/2009 — The unofficial fourth quarter earnings season came to an end yesterday, and the numbers show that it's one we'd all like to forget. From Bloomberg, diluted year-over-year earnings for the S&P; 500 are down 36% with 80% of the reports in. As shown in ...
S&P’s Earnings Are Wrong: Jeremy Siegel —
Daily Markets
Jeremy Siegel, professor of finance at the Wharton School at the University of Pennsylvania and market guru, published an opinion piece in The Wall Street Journal on how the S&P 500 ( ^GSPC ) had misstated its earnings.
A simple example can illustrate S&P’s error. Suppose on a ...
The week in preview: Earnings season winds down —
BloggingStocks
While the release of economic data doesn't stop next week (see economic schedule highlights below), the earnings season does wind down dramatically. Most of the S&P 500 companies already have reported on the past quarter, which means dismal earnings news is largely behind us, at least for a ...
S&P 500 Back To December 1996 Levels —
Stefan Karlsson's blog
The Obama stock market crash continues, with the S&P; 500 reaching 735 , the lowest since December 1996 (or more specifically December 19, 1996 ). Bulls points to how valuation levels (based on 10-year earnings) are the lowest since 1986 , but they are still a lot higher (almost twice as high) ...
Optimism in the Face of Inflation —
GoldSeek.com
I thought I was still asleep and merely dreaming when I opened up Barron’s and saw that the earnings of the S&P; 500 dropped to $28.75, which is down from last week’s $45.95, which is down from last year’s $78.80.
Dividends Falling Means S&P 500 Is Still Expensive —
Short-Term Trading
Dividends Falling Means S&P; 500 Is Still Expensive Very good article supporting the concept of investing in value stocks. "The fastest reduction in U.S. dividends since 1955 is depriving investors of the only thing that gave stocks an advantage over government bonds in the last century". ...
3 ETF Sectors That Are Earnings Season Winners —
ETF Trends
If you were remotely tuned into the events of our economy, you may have noticed that the fourth quarter was not our heyday. But there were sectors in the S&P 500 with corresponding exchange traded funds (ETFs) that managed to demonstrate might.
The unofficial fourth quarter earnings came in -...
Dividend to Earnings Payout Ratio —
The Big Picture
Another killer chart from Bob Bronson:
Since the S&P 500 dividend to earnings payout ratio has skyrocketed to 113% with dividends being cut at a record pace, the price-to-dividend ratio high for both the coming Supercycle Bear Market low and for the eventual end of the Supercycle Winter ...