Calculating Price of Forward Earnings and Fair Value: The Case of Starbucks

Starbucks (SBUX) reported revenues and earnings in-line with expectations this week, as a 13.2% year-over-year growth to the top line boosted EPS to 80 cents. However, the stock rallied, rising over 6% at its highest point Friday morning as more investors saw strong...

The Two Ways to See Retail Sales

High valuations, decelerating economic growth, a lack of easy monetary policy, and deflation are all reasons why the stock market has underperformed in the United States, Europe, and Asia so far in 2015. While the U.S. has been better than most, its market has...

The New Year in Review

2015 has not started well for investors. The first day of trading was mostly flat, but the S&P 500 (SPY) saw a 1.6% drop the next day, and then almost another 1% loss the day after that. On Wednesday things began to recover and, at the time of writing, the market...