Welcome to The CPA Journal Archives

Visit cpajournal.com to read the very latest from The CPA Journal

 

October 2018  »  Forté Capital's Selected Statistics

Forté Capital's Selected Statistics

Wages

Real wages—that is, wages adjusted for inflation—have resumed rising after a dip in 2016. This trend reflects tight labor market conditions and increased inflationary pressures. In addition, a number of large employers have reported raising wage rates as a result of the federal corporate tax cuts.

U.S. & World Equity Indexes; 9/25/18; YTD Return S&P 500; 2,930; 9.20% Dow Jones Industrials; 26,743; 7.50% Nasdaq Composite; 8,109; 15.80% Shanghai Composite (China); 2,797; −15.40% S&P BSE Sensex (India); 36,305; 6.60% Nikkei Stock Avg (Japan); 23,869; 4.90% CAC 40 (France); 5,476; 3.10% DAX (Germany); 12,350; −4.40% FTSE 100 (U.K.); 7,458; -3.00%
Selected Interest Rates; 9/25/18; 8/28/18 15-Year Mortgage; 4.11%; 3.98% 30-Year Mortgage; 4.65%; 4.51% 5-Year Treasury Bond; 2.96%; 2.77% 10-Year Treasury Bond; 3.08%; 2.88% 30-Year Treasury Bond; 3.21%; 3.03%
Key Economic Statistics; Most Recent; Prior Month National Producer Price Index; -0.10%; 0.00% Consumer Price Index; 0.20%; 0.20% Unemployment Rate; 3.90%; 3.90% ISM Manufacturing Index; 61.30; 58.10 ISM Services Index; 58.50; 55.70 Change in Non-Farm Payroll Emp.; 201,000; 157,000 New York State Consumer Price Index - NY, NJ, CT; 0.10%; 0.00% Unemployment Rate; 4.20%; 4.30% NYS Index of Coincident Indicators; 8.20%; 6.40%

Unemployment

As the labor market has tightened, the number of persons seeking unemployment benefits has dropped. This is a continuation of the long-term trend that began after the end of the Great Recession of 2008/09.

Equity Market Statistics; Most Recent; Prior Month Dow Jones Industrials; 9/25/18; 9/28/18 Dividend Yield; 2.21%; 2.26% Price/Earnings (12 Mth Trailing); 23.00; 23.23 Price/Earnings (Projected); 16.7; 16.41 S&P 500 Index; 9/25/18; 8/28/18 Dividend Yield; 1.89%; 1.94% Price/Earnings (12 Mth Trailing); 22.88; 22.88 Price/Earnings (Projected); 17.33; 16.84

The information herein was obtained from various sources believed to be accurate; however, Forté Capital does not guarantee its accuracy or completeness. This report was prepared for general information purposes only. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities, options, or futures contracts. Forté Capital's Proprietary Market Risk Barometer is a summary of 30 indicators and is copyrighted by Forté Capital LLC. For further information, visit www.fortecapital.com, send a message to info@forte-capital.com, or call 866-586-8100 and ask for David W. Henion, CPA, or Larry H. Rabinowitz, CPA/PFS.

 
Search for archived articles, authors, and topics below:

 

Login or create a new account

 
Menu