The Economist's Big Mac index offers a crude estimate of how far exchange rates are from PPP.
This database provides returns of all mutual funds, including those closed and merged, and will lead to a more accurate estimate of the all index fund multiplier benefit.
The day started out with the announcement that Bank of America would be laying off 16, 000 workers which helped sink the market, but better than expected jobless claims and a Philly Fed index that came in ahead of the consensus estimate, along with a solid IPO pop for real estate research site Trulia, aided the recovery in risk assets.
FORBES: The Bulls Battle Back: US Stocks Recover As Trulia And Starbucks Shine
The BPP is an academic project based at MIT which seeks to use prices collected at hundreds of online retailers to estimate a daily price index.
U.S. economic data due for release Friday includes the advance GDP estimate, the employment cost index and the University of Michigan consumer sentiment survey.
The index comprises 100 stocks in which there has been a trend of insider buying plus recent earnings estimate increases by Wall Street analysts.
Note that while the chart shows a slight earnings increase in the first quarter of 1.4% due to changes in the companies in the index the current estimate is for a (0.7%) decline.
FORBES: S&P 500 Earnings Projection Should Decline During the Year
Goldman Sachs's calculations suggest that, to reduce growth from 4% to 3%, (an optimistic estimate of America's new sustainable growth rate) the financial conditions index would need to increase by 1.25 percentage points.
U.S. economic data due for release Thursday includes the third-quarter GDP estimate, the weekly jobless claims report, the Chicago Fed national activity index, the University of Michigan consumer sentiment survey, the U.S. house price index and leading economic indicators.
FORBES: Comex Gold Near Steady Amid Quieter, Pre-Holiday Trading
By that estimate, the Obama Misery Index comes in at 13.9 percent, higher than that of any president up for re-election since Carter in 1980, but not too far above the 12.4 percent misery reading when Ronald Reagan ran in 1984.
The ISM Non-Manufacturing Index fell for the second month in a row, and at 53.1 was below the consensus estimate of 54.
FORBES: The Week Ahead: Can Diversification Ruin Your Return?
This index fell by six points in May to 45, its lowest since 1995. (A score below 50 suggests that more builders reckon the market is poor than think it good.) Economists at Goldman Sachs estimate, from the fall in the homebuilders' index, that construction will fall at an annual rate of 10-15% in the next four quarters.
ECONOMIST: America's housing market is losing its effervescence
应用推荐