Valuing the Market

Valuing the Market

  Whenever there’s talk about what drives the stock market, it usually comes back to two main factors: earnings and what investors are willing to pay for those earnings. A common way to quantify this relationship is to look at something called a price-to-earnings...
Jumbo Hike

Jumbo Hike

  This week’s big news was the release of the June Consumer Price Index (CPI) inflation number. On a year-over-year basis, headline inflation came in at 9.1%. That’s the highest it has been in 41 years and was higher than Wall Street’s expectations. As a...
Curve Inversion

Curve Inversion

  For this week’s indicator, we have a metric that measures the Treasury yield curve. This specific yield curve looks at the difference between the yield on a 10-year Treasury bond versus a 3-month Treasury bond. This is depicted as the orange line on the bottom...