Illustrating Inflation
…– over the coming decade. Our financial planning software assumes 3.0 percent, so we’re still conservative in our planning compared to forecasts. But since I love charts, I made one…
…– over the coming decade. Our financial planning software assumes 3.0 percent, so we’re still conservative in our planning compared to forecasts. But since I love charts, I made one…
…only has 451 million shares outstanding compared to 4.1 billion for Verizon. The other quirk for the DJIA is that a committee picks the constituent stocks and they have famously…
…only comes out quarterly so the chart only goes through March, but you can see that prices have risen on average, although they are still below their peak levels during…
…the ECB failed to deliver, the two trends reversed course sharply, bringing the levels almost all the way back to the quarter-end levels. For us, this wasn’t really a big…
…A3, an upper level rating with low credit risk. That rate was about 1.5 percent more than 10-year Treasury bonds at the time. Despite a downgrade by Moody’s to Baa3…
…to 1.86 percent, levels that we haven’t seen since last April. The drop in yields are even more dramatic at the short end of the yield curve. The yield on…
…out the Bloomberg Financial Conditions indexes, which try to measure the stress on the overall system by looking at bond and money market levels and spreads among other things. What…
…is measured by the CBOE Volatility Index, which is based on prices from S&P 500 options contracts. We’ve been writing about the unusually low level of expected and realized volatility…
…doubt we’ll see average levels anytime soon, but we’re moving in the right direction. The same is true for the Bloomberg Financial Conditions Index, shown here: This index combines a…
…by letting those bonds mature and not reinvesting them, but reversed course last year. And, when the virus shocked the economy, they took it to a whole new level and…