2022-01-11
Buy the Dip
Fed manipulation is easy to see in this this chart. Yield is 1.29 percent currently. The S&P 500 Index is 4600 as I type. Thatr's $59.34 dividend, let's round to $60 to make it even. Assume dividends rise to $65 in the next year, but also assume the yield goes back to 1.80 percent area where it spent the past decade. That gives an S&P 500 Index of 3600.
Labels:
Charts,
interest rates,
SPY
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