Market Morsels

| April 27, 2018
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77%

According to FactSet, 77% of S&P 500 companies reported actual sales above estimated sales for Q4 2017—the highest percentage since FactSet began tracking this data in 2008.

88%

88% of the companies on the Fortune 500 list in 1955 are now dead and buried.

The Size of a Jumbo Jet

That’s the length of the largest rotor blades made by Siemens Gamesa in northern Denmark, a hub for wind energy businesses. That the blade is so long is a key to helping wind power become profitable. The largest offshore wind turbines now produce 20 times as much power as the turbines of 30 years ago, and wind energy now makes up 4 percent of the global energy supply.

Trade War?

China exported $506 billion in goods to the US, while we only sent them $130 billion.

New Media

  • 10 yrs ago: Disney’s market cap was 25x larger than Netflix.
  • 5 yrs ago: Disney’s market cap was 12x larger.
  • Today: 1.05x larger.

TPRPTTIIIVCRBFY2018

As originally written, the bill was titled the Tax Cuts and Jobs Act (TCJA). But because nothing is easy in Washington, D.C., in last minute parliamentary proceedings, the official name was changed to “To provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018”. Unfortunately, that name doesn’t have a short abbreviation or catchy acronym: TPRPTTIIIVCRBFY2018 hardly rolls off the tongue!

 

 

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

 

Disclosure
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Meyer Capital Group), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Meyer Capital Group. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Meyer Capital Group is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Meyer Capital Group’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

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