S&P 500 Payout Ratio
Jul 31 2019

S&P 500 Payout Ratio

S&P 500 Payout Ratio Stock buybacks and dividends as a percentage of free cash flow are reaching dangerous levels. Image: MarketWatch

S&P 500 Operating Earnings to NIPA Profits and S&P 500 Returns
Jul 31 2019

S&P 500 Operating Earnings / NIPA Profits and S&P 500 Returns

S&P 500 Operating Earnings / NIPA Profits and S&P 500 Returns Interesting chart suggesting that S&P500 2-year returns will be negative, as they were in the late 1990s, when S&P 500 operating earnings rose relative to NIPA profits (thanks to buybacks). Image: Oxford Economics, Macrobond

S&P 500 Cash Return Yield by Sector and Region
Jun 28 2019

S&P 500 Cash Return Yield by Sector and Region

S&P 500 Cash Return Yield by Sector and Region Currently, the S&P 500 cash return yield (buybacks + dividends) is 5.2%, the highest since 2011. That’s much more than Europe, Japan and emerging markets. Image: Fundstrat Global Advisors, LLC