Brad Holt

I am increasingly concerned that the Fed is toying with inflation and the economy could slow down more than they currently project. They are roughly projecting 2–3%+ growth and slightly…

Labor Day, Marketrs are closed on Monday September 6th, 2021. Observed the first Monday in September, Labor Day is an annual celebration of the social and economic achievements of American workers.…

Next week: Powell’s Jackson Hole speech has raised the importance of the job market data, which is seen as the key factor in the Fed’s taper timing decision. Payroll growth…

Next week: Investors will be looking for further clues on tapering in Fed Chair Powell’s Jackson Hole speech,

  The Consumer Price Index rose 0.5% in July (+5.4% y/y, vs. +1.0% y/y in July 2020), up 0.3% ex-food and energy (+3.4% y/y).

This weeks focus will likely be on the Consumer Price Index (CPI).

There are many indicators that are supposed to predict where the market might be heading. Let’s look at one that might help foresee the next market move —

With early reporters in the door (10.9% of market cap), our current estimate for 2Q2021 S&P 500 operating earnings per share (EPS) is $46.19 ($36.82 ex-financials).