Search Results for: fair value

Actual and Fair Value Estimate of the S&P 500 Index Level The fair value model from J.P. Morgan sees upside for the S&P 500 in 2021. Image: J.P. Morgan

U.S. 10-Year Treasury Fair Value Adjusted for QE A potential “blue wave” could add fuel to the bear steepening in the U.S. Treasury curve. Image: Oxford Economics

U.S. Dollar Index vs. Medium-Term Fair Value The U.S. dollar continues to be below medium-term fair value levels over the business cycle. Image: BofA Global Research

U.S. 10-Year Yield vs. GDP + CPI Model Fair Value Are higher Treasury yields coming, as suggested by this model? Image: TS Lombard

Valuation – U.S. 10-Year Treasury Yield vs. Fair Value Chart suggesting that U.S. 10-year Treasuries are extremely overvalued. Image: BCA Research

U.S. Retail Sales and Food Services vs. Fair Value Model After disappointing U.S. retail sales in September, this chart provides a good forward guide for U.S. consumer spending. The Fair Value Model leads consumption and includes: ASA Staffing Index (temps), spread between good unemployment (job leavers) and bad unemployment (job losers), and forward-looking income expectations.…

Leon Cooperman: Bull Market Cycles Don’t End at Fair Valuation, They Ended at Overvaluation “There is still more room for the market to run. We have a slowdown but not a recession and the market is ok.” Leon Cooperman (Omega Advisors founder) is a great value investor. https://www.youtube.com/watch?v=Xz6ihkuW1AM

Outlook 2020: S&P 500 Target, GDP Growth Estimate and 10-Year U.S. Treasury Yield LPL expects 1.75% U.S. GDP growth in 2020. The S&P 500 Index fair value target range is 3,200–3,300 by year-end 2020, and the 10-year U.S. Treasury yield target range is 2-2.25%. Image: LPL Financial LLC