JKD News and Press, BTC iShares Morningstar Large-Cap ETF From 04/07/21

The creation of 916,000 jobs in the month of March is truly impressive and a sign of a rebound in the nation's economy, bringing the total for the first quarter to 1.6 million jobs. The March number far exceeds the 647,000 jobs predicted by economists and was nearly twice the 517,000 ...

The latest Job Openings and Labor Turnover Survey from the BLS shows the total number of job openings in the economy rose to 7.367 million in February, up from 7.099 million in January. The number of open positions in the private sector increased to 6.732 million in February, the high...

We have focused on the monetary tsunami set in motion by central banks, but there is another force contributing to the record-high valuations in the US stock market. That force is the shift towards passive and ETF-focused investing that began more than two decades ago and has come to ...

The Fed continues to expand its balance sheet, the federal government continues to send out Covid relief checks, and the Fed continues to effectively monetize most if not all of this monetary "stimulus." The public has been hoarding money like never before, likely as a response to all...

The S&P 500 is now trading at over 18 times 2023 earnings estimates. This has historically occurred in just five periods since 1985 on the 2-year forward P/E. The trend for earnings growth appears to be more challenging in future years. For further details see: The S...

The stock market continues in its 2021 uptrend, and the options market remains a significant influence on stock prices. Earlier this year, I suggested that shares of energy drink company Monster would be interesting as they were engaged in a caffeine war with Starbucks. Stocks are...

In March, the U.S. stock market tolerated the rise in long-term interest rates as long as it was not disorderly or too quick. The 10-year Treasury rate traded all the way up to 1.77% last week, and we may very well surpass that level this week as investors take time to react to strong...

The S&P 500 P/E ratio is essentially unchanged for the last three quarters. We see confirming evidence in the accelerating upward direction of the profit share as estimated in the GDP accounts. At 4000 on the S&P 500 with earnings expectations at about $200 and rising, we ...

I believe it would be extremely foolish as an American who served in the US Marine Corps to not identify China as a strong and growing opponent, one whose moves should be respected. A second application of the respect principle is to acknowledge the lessons of the stock market. The mo...

Q1 2021 closed with the Dow leading the major market indexes, up 7.76%, vs. +5.77% for the S&P 500 and a tepid +2.78% for the Nasdaq Composite. Five regional Federal Reserve Banks reported super-strong readings for their five regional economic indexes. ISM manufacturing PMI index ...