TRUCKS KEEP ON HAULING MORE AND MORE STUFF
US Trucks Hauled Almost +8% More Tonnage in the Last Year The nations’ extensive fleet of trucks has hauled almost 8% more tonnage in year ending July ’18. Since just before the November 2016 election, truck tonnage is... Read More →
Dr. Ed’s Blog: High Noise-to-Signal Ratio In Stock Market
THANKS TO TAX CUTS High Noise-to-Signal Ratio In Stock MarketThe 10-year US Treasury bond yield edged up above 3.00% yesterday. This widely feared level didn’t faze the S&P 500, which rose 1.0% on Wednesday to 2697.79. Rising oil prices, in... Read More →
FANGs: Growth Investments Expensed on the Income Statement
The media is obsessed with supposedly bubble-like valuations of the FANG stocks—Facebook, Amazon, Netflix and Google (Alphabet). The FANG companies account for over 7% of the S&P 500 and sell at a weighted average P/E of 39 times consensus 2017... Read More →