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Stock Market Today: July 30, 2021

Adam Rosner | 07/30/2021

The U.S. stock market put in a constructive session yesterday, as investors seemed comfortable with the current economic outlook and the Federal Reserve’s monetary policy. However, after the closing bell, the mood darkened when e-commerce giant Amazon.com (AMZN) released a mixed report.

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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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