Stock Market Today

Wednesday, May 27 2020

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Stock Market Today: May 26, 2020

John E. Seibert III | 05/26/2020

The U.S. futures are pointing to a higher opening. Following the Memorial Day holiday, more states begin to reopen their economies from the coronavirus-related lockdowns. Too, investor sentiment is improving, thanks to hopes that a coronavirus vaccine would be found.

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A Discussion of the Gross Domestic Product

Harvey S. Katz, CFA | 02/24/2020

The gross domestic product, popularly known as the GDP, is the total value of the output of all goods and services produced by labor and property within the United States.

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Markets Commentaries

GAAP, Items, And Adjusted Earnings - Sometimes a Strange Tale

Value Line Research Department | 02/24/2020

It is axiomatic that a company’s stock’s price is the present value of all future cash flows it is likely to pay out, and that earnings constitute one gage of a company’s economic value. Unfortunately, there is often a lot of smoke between published profits according to generally accepted accounting principles and the real output of a company.

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