I’m a commodity trader…but that doesn’t mean I always expect commodity prices to go UP. In fact, a lot of times you’ve got to bet AGAINST commodities…
November 19th, 2009 | Alan Knuckman | 2 comments | ContinuedAll Posts Tagged With: "S&P 500 Index"
Price-to-Earnings Ratio of the S&P 500 Index
Even though the S&P 500 index itself has fallen from about 1,590 a year ago (with a P/E of 18.9) to where the index is actually down by about half, earnings are down by half, too! And we all know what that means for the P/E ratio. It’s no wonder we’re hearing incessant screaming from the Mogambo Bunker Of Doom (MBOD). Read on…
December 16th, 2008 | Mogambo Guru | 0 comments | Continued
S&P 500 Index Total Return Was Actually Negative
What a difference a decade can make! Over the last 10 years of the 20th century, anyone buying and holding US stocks made a total return approaching 18% per year. Their initial stake, as a 2002 research paper noted, increased five times over. Now that’s real money! But roll forward ten years, and the total return on the S&P 500 was actually negative for the decade ending on 30th June 2008…
August 25th, 2008 | Adrian Ash | 1 comment | Continued