55 min
Put & Call Implied Volatility Mismatch? | US Dollar vs S&P 500 Correlation | Sticky Inflation | Japan Recession | Explaining Why Stocks Go Up (or down) Broken Pie Chart
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- Investing
Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial, follow up on last week’s PE ration (useless?) discussion explaining how stocks go up or down based on earnings, multiples, and other factors. Then they delve into correlations between the US Dollar Index and the S&P 500 Index. Later, the surprising fact that as Japan’s Nikkei Index makes 35-year all-time highs they are in a technical recession. Finally, more evidence shows that inflation may be stickier and some that it may not. As always, they’ll have some recommendations!
Explaining how EPS earnings per share works
How the PE can change due to earnings going up or the multiple going up
How a stocks movement from one year to the next can be attributed to earnings and multiples
How the correlation between the US Dollar Index and the S&P 500 Index has flipped of late
Why a lower dollar helps large multinational companies earnings
Congratulations, Japan is making all-time highs while in a technical recession
What is a technical recession that everyone is now calling 2 quarters of negative GDP growth
Car insurance premiums rose another 20% year over year…inflationary?
How lagging price changes may continue to be sticky for inflation
Looking at how OER Owners Equivalent Rent has been trending lower
How higher rates may have put pricing pressure on rents
How market returns and earnings growth aren’t the same every year
Mentioned in this Episode:
Historical Returns on Stocks, Bonds and Bills: 1928-2023 NYU Aswath Damodaran https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html
Previous Week’s Podcast:
Is the Forward PE Useless?| S&P 500 Election Seasonality | Gen Z vs. Gen X Special https://podcasts.apple.com/us/podcast/is-the-forward-pe-useless-s-p-500-election/id1432836154?i=1000644953963
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt
Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT
Contact Derek derek.moore@zegafinancial.com
www.zegafinancial.com
Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial, follow up on last week’s PE ration (useless?) discussion explaining how stocks go up or down based on earnings, multiples, and other factors. Then they delve into correlations between the US Dollar Index and the S&P 500 Index. Later, the surprising fact that as Japan’s Nikkei Index makes 35-year all-time highs they are in a technical recession. Finally, more evidence shows that inflation may be stickier and some that it may not. As always, they’ll have some recommendations!
Explaining how EPS earnings per share works
How the PE can change due to earnings going up or the multiple going up
How a stocks movement from one year to the next can be attributed to earnings and multiples
How the correlation between the US Dollar Index and the S&P 500 Index has flipped of late
Why a lower dollar helps large multinational companies earnings
Congratulations, Japan is making all-time highs while in a technical recession
What is a technical recession that everyone is now calling 2 quarters of negative GDP growth
Car insurance premiums rose another 20% year over year…inflationary?
How lagging price changes may continue to be sticky for inflation
Looking at how OER Owners Equivalent Rent has been trending lower
How higher rates may have put pricing pressure on rents
How market returns and earnings growth aren’t the same every year
Mentioned in this Episode:
Historical Returns on Stocks, Bonds and Bills: 1928-2023 NYU Aswath Damodaran https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html
Previous Week’s Podcast:
Is the Forward PE Useless?| S&P 500 Election Seasonality | Gen Z vs. Gen X Special https://podcasts.apple.com/us/podcast/is-the-forward-pe-useless-s-p-500-election/id1432836154?i=1000644953963
Jay Pestrichelli’s book Buy and Hedge https://amzn.to/3jQYgMt
Derek’s new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag
Derek Moore’s book Broken Pie Chart https://amzn.to/3S8ADNT
Contact Derek derek.moore@zegafinancial.com
www.zegafinancial.com
55 min