Earnings or Multiple Expansion?
There’s a fascinating analysis (in Barron’s), looking at S&P500 earnings in a very different way than our prior...
Mean versus Median Corporate Cash
Fascinating analysis by Thomas McManus of Banc of America Securities regarding the cash rich balance sheets — estimated as high as...
Core Prices versus Non Energy Earnings
One if the more amusing aspects of data analysis is watching the way various persons (of the genus Mustela nivalis) manage to emphasize...
Single vs. Multiple Variable Analysis in Market Forecasts
How’s that for a sophisticated sounding title? What it describes is actually far simpler than it sounds, and if you bear with me,...
Watching the SPX & Earnings
Even though its Tunes Tuesday, we have to slip some market talk into the dialogue. Jeff Cooper has an interesting column on the S&P...
LEI: Blecch!
The US Conf Board of Leading Economic Indicators slid -0.4% in March. The LEI have been soft for some time now, posting a marginal gain...
The ongoing shift from Analog to Digital
Chris Anderson’s Long Tail discusses the Mainstream Media’s meltdown. Readers of the Big Picture have seen this argument...
Mean Reversion
Chart of the Day has yet another fascinating chart. This one looks at inflation-adjusted S&P 500 earnings: click for larger chart:...