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Thursday, April 22 2021

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Stock Market Today: April 22, 2021

Harvey S. Katz, CFA | 04/22/2021

Following back-to-back declines to start the current trading week on worries about rising COVID-19 cases both stateside and globally, and concerns about faltering economic growth as a result, Wall Street righted itself yesterday fashioning a largely wire-to-wire winning session, with nearly all of the major groups participating in the upturn.

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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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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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