At the moment, there is much to do in the marketplace and in the world, but in our Daily News Release Michael Kramer, founder of Mott Capital Management, is confident that it is serious upside potential in the coming years.
Everything starts with reviews.
Kramer points out that the result is a multiple of the S & P 500
SPX, + 0.42%
recently reached their lowest level since June 2016 (19.7). At that time, the world literally felt on the brink of collapse. " (This multiple is a key method of measuring the value of a stock relative to the gain.)
In reality, perhaps most important to the markets, we found ourselves in the midst of a near-term profit recession.
The bull market was alive and still three years later, he says.
Read: How big will this rally be at the end of the year?
For some contexts, Kramer used earnings data from 1
And, more importantly, where we are going.
Kramer explained that the numbers show attractive stock valuations and that the market will "have a great distance to go up in the coming years" if corporate earnings continue to rise as expected for years.
Inventories are rising this morning, though not far.
DJIA, + 0.00%
S & P
SPX, + 0.42%
COMP, + 0.52%
are all in the green zone at the beginning of trading. The pound
GBPUSD, + 0.1156%
is quite volatile as investors wait for further Brexit updates after the vote on Prime Minister Boris Johnson's deal on Saturday did not start. Europe
SXXP, + 0.60%
stocks are in plus.
Yes, it's a bit hairy out there.
We have a big week of revenue ahead of us, with beats like Microsoft
MSFT, + 0.07% ,
AMZN, + 0.64% ,
Procter & Gamble
PG, + 0.71%
under the notables.
Voters will not have to wait much longer to see Democratic presidential candidate Elizabeth Warren plan to pay for the "Medicare for All" future she envisions. The Massachusetts senator, who says she will shortly be announcing details of her plan, came under heavy fire in the debate last week for refusing to say whether her plan would increase taxes on the middle class.
The strike against General Motors
GM, + 0.33%
spills over into a second month, and the impact is worsening in the Midwest US. The United Auto Workers union has signed a provisional employment contract with GM last week. Union leaders have decided to continue picketing until workers approve.
"Market stability should not be the subject of tweets here and there. It requires consideration, reflection, calm and reasonable and rational decisions. "- Christine Lagarde, soon to be President of the European Central Bank, in an interview aired Sunday night in CBS's" 60 Minutes ".
The new and existing residential property sales in September are likely to be the economic highlight of the week, but we will not see them until Thursday or Tuesday. Nothing is special about today's diary. The University of Michigan completes the Friday week with the consumer sentiment index.
Read: Latest data do nothing for the animal ghosts of investors
Influencers Can Buy 1,000 Fake Followers on Facebook
FB, + 1.21%
for 34 USD. Advertisers pay billions for brokering products to real people.
There is a bear market in religion.
That sure looks like the secret Twitter of Republican senator Mitt Romney
TWTR, + 1.68%
A man stabbed his brother; Now he earns six jobs in Silicon Valley.
The cruel reality of what climate change could do to three major US cities.
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