Wednesday, July 1, 2020

7-1-20
Updated Monthly

Secular Market Top - Since January 2000

+124.5% Dow       
+208.1% Transports 
+170.9% Utilities

+111.0%  S&P 500
+147.2%  Nasdaq

+ 78.4%  30yr Treasury Bond

+521.7% Gold
  +53.4% Oil
  +66.7% Swiss Franc's
    
From High to Low - Since Year 2000

+ 521.7% Gold
208.1% Transports
170.9% Utilities
+ 124.5% Dow
+ 147.2% Nasdaq
+ 111.0S&P 500
+  78.4% 30yr Treasury Bonds
+  66.7% Swiss Franc's
+  53.4% Oil 

December 1999 Shiller PE10 was 44.19               
August 2000 S&P 500 dividend yield was 1.11%  

Shiller PE10 7-1-20 is 29.07
S&P 500 dividend yield 7-1-20 is 1.92%
[Shiller PE10 & dividend yield is reported using data from the beginning of the month when I update.  It may or may not exactly be the first trading day of the month.]

It is easily seen in the year 2000 the Nasdaq was horribly overvalued and gold was on the give away table, such lopsided returns 19 years later!
DYI

No comments:

Post a Comment