Analysis of current economic conditions and policy
Five Years of S&P 500 Daily Changes
(log first differences):
Figure 1: Log first difference of daily S&P 500 index. Light orange shading denotes Trump administration. Source: FRED, and author’s calculations.
11 thoughts on “Five Years of S&P 500 Daily Changes”
pgl
Given the nonstop stupidity over Drill Baby Drill ala Bruce Hall even though his own Dallas FED link shows this will not lower gasoline price, a few of you have wondered who is paying this lying troll for such BS. Well it seems Ted Cruz penned this letter demanding Drill Baby Drill as an alleged solution to high gasoline prices:
Shanghai Port sees steady recovery of container throughput as COVID-19 under control
SHANGHAI — As Shanghai steps up resumption of businesses after containing the recent COVID-19 resurgence, Shanghai Port, a major transportation hub, has seen its container throughput recover to over 80 percent of normal capacity.
According to the Shanghai International Port Group Co., Ltd. (SIPG), the container throughput of the port reached 110,000 twenty-foot equivalent units (TEUs) per day on Tuesday, while its normal handling volume was around 130,000 TEUs per day.
To tackle logistics bottlenecks caused by COVID-19, especially road congestion, the Shanghai Port has diversified transportation methods in cooperation with shipping companies and the railway department to stabilize supply and industrial chains in the Yangtze River Delta region.
In April, water transfer accounted for 65 percent of the port’s total throughput, while the proportion of rail-sea intermodal transit also reached a record high, according to the SIPG.
The port completed a container throughput of over 3.08 million TEUs in April, recovering to 82.4 percent of that of the same month last year, said Li Guoping, an official with the Ministry of Transport, earlier this month.
During the first four months, the port handled 15.35 million TEUs, up 1.8 percent year on year, added Li.
For nearly two months, more than 20,000 employees have been working in the Shanghai Port under closed-loop management to maintain its daily operation, said Zhou Yong, a staff member of the production and business department of SIPG.
The overall operation at all container terminals of the port has remained stable, with the support of an intelligent remote control system that enables the handling of a container to be completed in two minutes on average….
You’d think after 5-6 years of the orange creature in the news I’d be used to this surreal stuff. Hahahaha, Geez
Bruce Hall
The S&P500 is down about 19% from its high last December, but still 50% higher than the low reached in 2020. It would appear there is still plenty of room for those seeking to escape to realize profits if they have been invested for awhile. You play the game and take your chances. https://finance.yahoo.com/quote/%5EGSPC?p=%5EGSPC
As of April 1, 2022, the following are the 25 largest S&P 500 index constituents by weight:
Apple (AAPL): 7.14%
Microsoft (MSFT): 6.1%
Amazon (AMZN): 3.8%
Tesla (TSLA): 2.5%
Alphabet Class A (GOOGL): 2.2%
Alphabet Class C (GOOG): 2.1%
NVIDIA Corporation (NVDA): 1.8%
Berkshire Hathaway Class B (BRK.B): 1.7%
Meta (FB), formerly Facebook, Class A: 1.4%
UnitedHealth Group (UNH): 1.2%
Johnson & Johnson (JNJ): 1.2%
JPMorgan Chase (JPM): 1.0%
Visa Class A (V): 1.0%
Procter & Gamble (PG): 1.0%
Exxon Mobil (XOM): 0.90%
Home Depot (HD): 0.8%
Chevron Corporation (CVX): 0.80%
Mastercard Inc. Class A (MA): 0.8%
Bank of America (BAC): 0.8%
AbbVie Inc. (ABBV): 0.7%
Pfizer (PFE): 0.7%
Broadcom Inc. (AVGO): 0.7%
Costco (COST): 0.7%
Walt Disney (DIS): 0.7%
Coca-Cola Company (KO): 0.6%
AndrewG
Go NVIDIA! Eat it, Intel!
Barkley Rosser
While market down again modestly today, Dow and S&P still above their levels at any point during the Tramp presidency.
Given the nonstop stupidity over Drill Baby Drill ala Bruce Hall even though his own Dallas FED link shows this will not lower gasoline price, a few of you have wondered who is paying this lying troll for such BS. Well it seems Ted Cruz penned this letter demanding Drill Baby Drill as an alleged solution to high gasoline prices:
https://www.cruz.senate.gov/newsroom/press-releases/cruz-senators-demand-commerce-secretary-stop-permitting-delays-on-existing-oil-and-gas-leases-to-boost-production
Now when one is as dumb as Ted Cruz, one truly is very dumb!
https://www.msn.com/en-us/news/world/sri-lanka-in-first-debt-default-in-its-history/ar-AAXsC5Y?ocid=msedgdhp&pc=U531&cvid=71991e8781224c86a9f3ce3d82a5f3cb
The Sri Lanka government has defaulted on its debt.
No foreign reserves to speak of. Price of energy going up. Can’t afford fertilizer so farming going to hell.
https://fred.stlouisfed.org/graph/?g=r4vw
January 15, 2018
Wilshire 5000 Total Market Index, 2017-2022
(Indexed to 2017)
https://fred.stlouisfed.org/graph/?g=sKIi
January 15, 2018
Wilshire US Large-Cap and Mid-Cap Total Market Indexes, 2017-2022
(Indexed to 2017)
https://english.news.cn/20220519/102383503a1e4821ac737eb6d99a1d63/c.html
May 19, 2022
Shanghai Port sees steady recovery of container throughput as COVID-19 under control
SHANGHAI — As Shanghai steps up resumption of businesses after containing the recent COVID-19 resurgence, Shanghai Port, a major transportation hub, has seen its container throughput recover to over 80 percent of normal capacity.
According to the Shanghai International Port Group Co., Ltd. (SIPG), the container throughput of the port reached 110,000 twenty-foot equivalent units (TEUs) per day on Tuesday, while its normal handling volume was around 130,000 TEUs per day.
To tackle logistics bottlenecks caused by COVID-19, especially road congestion, the Shanghai Port has diversified transportation methods in cooperation with shipping companies and the railway department to stabilize supply and industrial chains in the Yangtze River Delta region.
In April, water transfer accounted for 65 percent of the port’s total throughput, while the proportion of rail-sea intermodal transit also reached a record high, according to the SIPG.
The port completed a container throughput of over 3.08 million TEUs in April, recovering to 82.4 percent of that of the same month last year, said Li Guoping, an official with the Ministry of Transport, earlier this month.
During the first four months, the port handled 15.35 million TEUs, up 1.8 percent year on year, added Li.
For nearly two months, more than 20,000 employees have been working in the Shanghai Port under closed-loop management to maintain its daily operation, said Zhou Yong, a staff member of the production and business department of SIPG.
The overall operation at all container terminals of the port has remained stable, with the support of an intelligent remote control system that enables the handling of a container to be completed in two minutes on average….
I blame monkeypox.
Respectful Correction: Orangemonkey pox
OMG, I thought you made that up and were making a twisted joke (my favorite kind). This stuff is real. I guess that shows you how well read I am.
https://www.npr.org/sections/goatsandsoda/2022/05/18/927043767/rare-monkeypox-outbreak-in-u-k-and-europe-what-is-it-and-should-we-worry
You’d think after 5-6 years of the orange creature in the news I’d be used to this surreal stuff. Hahahaha, Geez
The S&P500 is down about 19% from its high last December, but still 50% higher than the low reached in 2020. It would appear there is still plenty of room for those seeking to escape to realize profits if they have been invested for awhile. You play the game and take your chances.
https://finance.yahoo.com/quote/%5EGSPC?p=%5EGSPC
As of April 1, 2022, the following are the 25 largest S&P 500 index constituents by weight:
Apple (AAPL): 7.14%
Microsoft (MSFT): 6.1%
Amazon (AMZN): 3.8%
Tesla (TSLA): 2.5%
Alphabet Class A (GOOGL): 2.2%
Alphabet Class C (GOOG): 2.1%
NVIDIA Corporation (NVDA): 1.8%
Berkshire Hathaway Class B (BRK.B): 1.7%
Meta (FB), formerly Facebook, Class A: 1.4%
UnitedHealth Group (UNH): 1.2%
Johnson & Johnson (JNJ): 1.2%
JPMorgan Chase (JPM): 1.0%
Visa Class A (V): 1.0%
Procter & Gamble (PG): 1.0%
Exxon Mobil (XOM): 0.90%
Home Depot (HD): 0.8%
Chevron Corporation (CVX): 0.80%
Mastercard Inc. Class A (MA): 0.8%
Bank of America (BAC): 0.8%
AbbVie Inc. (ABBV): 0.7%
Pfizer (PFE): 0.7%
Broadcom Inc. (AVGO): 0.7%
Costco (COST): 0.7%
Walt Disney (DIS): 0.7%
Coca-Cola Company (KO): 0.6%
Go NVIDIA! Eat it, Intel!
While market down again modestly today, Dow and S&P still above their levels at any point during the Tramp presidency.