Thursday, January 24, 2013

CURRENT SPX DIV YIELD   Current yield is more like what you find at a market TOP, not anywhere near a bottom of a bear mkt (6% on avg)
Current Yield: 2.09% -0.00 bps
4:36 pm EST, Thu Jan 24
Mean: 4.44%
Median: 4.38%
Min: 1.11% (Aug 2000)
Max: 13.84% (Jun 1932)


Anonymous said...

Market Ticker Karl D:One of your bear heroes recent post. Keep up the doom, otherwise you will have to admit being wrong.

Jack B

There Is Reason For Longer-Term Optimism

I can't go into details this morning about exactly why, or what.

But if you've followed me for any length of time at all you know that I have been extremely negative when it comes to our government budgetary process and the prospects for us to have a sustainable environment in that regard at any time in the reasonable future.

My opinion is now shifting toward positive, believe it or not.

I cannot go into exactly why. All I can tell you at the present time is that there are a number of people in the US Senate who have "gotten it" for some time, and now it appears that this is spreading to The House.

Now I could easily be wrong, and if I am I'll say so as soon as I know.

But cautious optimism is now creeping into the pattern of activity, despite the short term debt-ceiling reprieve vote.

Sausage tastes good, but nobody wants to see how it's made.

Sausage is being made.

Stay tuned.

Anonymous said...

Why don't you show SDS down 90 percent? You are a truth seeker? ya right

Food Stamps, the new BDI

Jack B