Last week I briefly profiled the earnings yield as a tool for estimating the US stock market’s equity risk premium, the return on stocks over a “risk-free” rate. For comparison, let’s add the dividend yield model (DYM) in today’s update.
Daily Archives: August 29, 2023
Macro Briefing: 29 August 2023
* US and China agree to take steps to ease trade tensions
* China vows to speed up fiscal spending to support slowing economy
* Is geothermal the next big thing for US energy?
* German economy appears to be sliding into stagnation
* Goldman Sachs sells investment advisory business to Creative Planning
* Texas mfg production activity in Aug contracts at deepest level in 3 years: