By Tom Burnett CFA The latest FACTSET report, February 25, 2022, lists the consensus earnings estimates for the S/P 500 Index for 2022 and 2023. The forecast for 2022 is now $225, which would represent an increase of 8.7% over the 2021 figure of $208. Last October, the consensus target for 2022 was only…
By Tom Burnett CFA During the first six months of 2022, both the bond and the stock markets are off to a disappointing start. Using the data from the WSJ.com website with February 16 closing prices, investors can see that positive performance this year may be difficult to obtain. The primary hurdle…
By Tom Burnett CFA On February 15, 2022, the Bureau of Labor Statistics announced that the Producer Price Index increased 1.0% in January. This rate followed increases of 0.9% in November and 0.4% in December. This increase was the largest since the 1.2% figure for January 2021. For the 12 months…
By Tom Burnett CFA On February 10, 2022, the Bureau of Labor Statistics reported that the Consumer Price Index rose 0.6% in January. This increase follows similar rates in recent months as the October rise was 0.9%, the November increase was 0.7% and the increase in December was 0.6%. Food, shelter and…
Kelleher Financial Advisors 4th Quarter 2021 Newsletter — A Look Back & a Look Ahead