Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Dow 1962-66?

By

PrintPRINT

Last week, I posted a chart highlighting the Dow between 1971-74 in reference to Prof. Succo's article, "Take the Money and Run" in which he commented about the current geopolitical climate.

In terms of analyzing the conditions from an interest rate and inflationary pressure perspective, I recently bantered with a very trusted source whether or not one could also make a comparison between the current climate and 1962-66. Keep in mind, the period wasn't without geo-political stress either (Cuban missile crisis, Gulf of Tonkin incident, assassination of JFK, among others). Perhaps not apples to apples, but nonetheless food for thought...



WONDA Copyright 2004 William O'neil + Co., Inc. All rights reserved

In terms of rates - take a look at yields on the 10 year note....

We're still near historic lows...the question remains - how much flexibility does this provide the Fed / economy in terms of interest rate hikes (magnitude and timing) before an impact is felt on profits? How much of the rate outlook is already priced in? And finally, isn't it possible that earnings grow in a rising rate environment (at least for some time period)?

Looking at the Fed Funds Rate...

And finally, (issues with the CPI noted) but as one look at inflation - compare the Core CPI data...

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE